Baku, Azerbaijan, April 24. ExxonMobil has
signed an agreement with Calpine Corporation to transport and
permanently store up to 2 million metric tons of CO₂ annually from
Calpine’s Baytown Energy Center near Houston, Trend reports.
The captured emissions will be transported via ExxonMobil’s Gulf
Coast CO₂ pipeline network for permanent storage.
This marks ExxonMobil’s sixth carbon capture and storage (CCS)
customer, increasing the total volume of CO₂ under contract to
approximately 16 million metric tons per year.
Calpine’s Baytown CCS Project is designed to support the
continuous generation of low-carbon electricity and steam for
industrial use. The facility is expected to produce around 500
megawatts of low-carbon electricity. Development activities,
including permitting and engineering, are currently underway.
The project’s future progress is subject to regulatory
approvals, supportive government policy, and customer
agreements.