By Giulia Petroni

 

Suez SA said Monday that it has signed a memorandum of understanding with BP PLC to explore the feasibility of a carbon-capture, utilization and storage project in the U.K.

The French waste and water management company said it would develop a system to capture carbon-dioxide emissions from an energy-from-waste facility it operates in the Teesside area. The captured carbon would be supplied to the CCUS project to then be transported and stored in a storage site in the North Sea.

The project would allow the capturing of up to 10 million tons of carbon emissions, which equate to the annual energy use of over three million households in the U.K., according to Suez.

 

Write to Giulia Petroni at giulia.petroni@wsj.com

 

(END) Dow Jones Newswires

November 16, 2020 06:06 ET (11:06 GMT)

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