Woodside Energy and Baker Hughes Join Forces to Advance Low-Carbon Power Technology

March 07, 2025 12:48 PM AEDT | By Team Kalkine Media

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Woodside Energy and Baker Hughes Join Forces to Advance Low-Carbon Power Technology — Image source: shutterstock

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Highlights

Woodside Energy (WDS) partners with Baker Hughes (NASDAQ:BKR) to develop low-carbon power solutions.

The collaboration builds upon a 2022 agreement targeting supply chain decarbonization.

Net Power’s (NYSE:NPWR) platform will be leveraged to generate power while capturing nearly all CO2 emissions.

Woodside Energy (ASX:WDS) has entered into a strategic collaboration with Baker Hughes (NASDAQ:BKR), a Houston-based energy technology firm, to develop innovative low-carbon power generation technology. This initiative is designed to support oil and gas operations as well as other heavy industries in their transition toward more sustainable energy solutions.

The partnership builds upon an agreement established in 2022, which initially focused on reducing carbon emissions across the natural gas supply chain. Now, both companies are expanding their efforts by leveraging cutting-edge technology from Net Power (NYSE:NPWR) to create a power generation system that not only delivers energy efficiency but also significantly reduces carbon emissions.

At the core of this initiative is Net Power’s advanced platform, which utilizes natural gas to generate power while capturing nearly all associated carbon dioxide emissions. This innovation presents a promising solution for industries that require large-scale energy consumption but are also seeking ways to minimize their environmental impact.

As global industries continue shifting toward cleaner energy solutions, collaborations like this highlight the growing commitment of major energy firms to invest in sustainable technology. By integrating advanced carbon capture capabilities into power generation, the initiative aims to enhance energy efficiency while addressing regulatory and environmental concerns.

The deployment of such technology could set a new benchmark for industrial power generation, potentially transforming how energy is produced and consumed in emission-intensive sectors. With growing global emphasis on reducing carbon footprints, the success of this project may pave the way for further advancements in cleaner energy solutions.

By combining industry expertise, technological innovation, and sustainability goals, this partnership marks a significant step in the evolution of power generation technology, reinforcing the commitment of energy leaders toward a lower-carbon future.

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