Total Is Exploring Quantum Algorithms to Improve CO(2) Capture
May 15 2020 - 1:45PM
Dow Jones News
Regulatory News:
Total (Paris:FP) (LSE:TTA) (NYSE:TOT) is stepping up its
research into Carbon Capture, Utilization and Storage (CCUS)
technologies by signing a multi-year partnership with UK start-up
Cambridge Quantum Computing (CQC). This partnership aims to develop
new quantum algorithms to improve materials for CO(2) capture.
Total's ambition is to be a major player in CCUS and the Group
currently invests up to 10% of its annual research and development
effort in this area.
To improve the capture of CO(2) , Total is working on nanoporous
materials called adsorbents, considered to be among the most
promising solutions. These materials could eventually be used to
trap the CO(2) emitted by the Group's industrial operations or
those of other players (cement, steel etc.). The CO(2) recovered
would then be concentrated and reused or stored permanently. These
materials could also be used to capture CO(2) directly from the air
(Direct Air Capture or DAC).
The quantum algorithms which will be developed in the
collaboration between Total and CQC will simulate all the physical
and chemical mechanisms in these adsorbents as a function of their
size, shape and chemical composition, and therefore make it
possible to select the most efficient materials to develop.
Currently, such simulations are impossible to perform with a
conventional supercomputer, which justifies the use of quantum
calculations.
"Total is very pleased to be launching this new collaboration
with Cambridge Quantum Computing: quantum computing opens up new
possibilities for solving extremely complex problems. We are
therefore among the first to use quantum computing in our research
to design new materials capable of capturing CO(2) more
efficiently. In this way, Total intends to accelerate the
development of the CCUS technologies that are essential to achieve
carbon neutrality in 2050" said Marie-Noëlle Semeria, Total's
CTO.
Ilyas Khan, CEO of CQC, said: "We are very excited to be working
with Total, a demonstrated thought-leader in CCUS technology.
Carbon neutrality is one of the most significant topics of our time
and incredibly important to the future of the planet. Total has a
proven long-term commitment to CCUS solutions. We are hopeful that
our work will lead to meaningful contributions and an acceleration
on the path to carbon neutrality."
******************
About Total
Total is a broad energy Group that produces and markets fuels,
natural gas and low-carbon electricity. Our 100,000 employees are
committed to better energy that is safer, more affordable, cleaner
and accessible to as many people as possible. Active in more than
130 countries, our ambition is to become the responsible energy
major.
About Total Research and Development
Total is deploying an ambitious R&D programme, worth nearly
$1 billion a year. Total R&D relies on a network of more than
4,300 employees in 18 research centres around the world, as well as
on numerous partnerships with universities, start-ups and
industrial companies. Its investments are mainly devoted to a
low-carbon energy mix (40%) as well as to digital, safety and the
environment, operational efficiency and new products. It files more
than 200 patents every year. www.total.com
* * * * *
Cautionary Note
This press release, from which no legal consequences may be
drawn, is for information purposes only. The entities in which
TOTAL S.A. directly or indirectly owns investments are separate
legal entities. TOTAL S.A. has no liability for their acts or
omissions. In this document, the terms "Total", "Total Group" and
Group are sometimes used for convenience. Likewise, the words "we",
"us" and "our" may also be used to refer to subsidiaries in general
or to those who work for them.
This document may contain forward-looking information and
statements that are based on a number of economic data and
assumptions made in a given economic, competitive and regulatory
environment. They may prove to be inaccurate in the future and are
subject to a number of risk factors. Neither TOTAL S.A. nor any of
its subsidiaries assumes any obligation to update publicly any
forward-looking information or statement, objectives or trends
contained in this document whether as a result of new information,
future events or otherwise.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20200515005486/en/
CONTACT: Media Relations: +33 1 47 44 46 99 l presse@total.com l @TotalPress
Investor Relations: +44 (0)207 719 7962 l ir@total.com
SOURCE: Total
Copyright Business Wire 2020
(END) Dow Jones Newswires
May 15, 2020 13:30 ET (17:30 GMT)
TOTAL (NYSE:TOT)
Historical Stock Chart
From Sep 2024 to Oct 2024
TOTAL (NYSE:TOT)
Historical Stock Chart
From Oct 2023 to Oct 2024