BP and Rio Tinto Plc, through their U.K.-based joint venture Hydrogen Energy, are collaborating with Abu Dhabi’s Masdar to develop the plant, which will help meet the emirate’s power needs as oil revenue funds new infrastructure and industries. The partners previously said design work would be completed last year and the facility would produce 500 megawatts.
The plant will split natural gas into hydrogen and carbon dioxide, with the hydrogen being used to generate power. Abu Dhabi’s National Oil Co., Adnoc, will pump the carbon dioxide into oil fields to boost their output, said Vivienne Cox, chief executive of BP Plc’s Alternative Energy division.
The process means Adnoc will keep carbon dioxide under ground in what will be one of the world’s first carbon capture and storage projects, Cox said. BP is developing another carbon capture project in California that is less developed than the Abu Dhabi one, she said.
Masdar, a unit of state-owned Mubadala Development Co., was set up in 2006 and is responsible for developing renewable energy in Abu Dhabi.
Source: http://www.bloomberg.com/apps/news?pid=20601207&sid=azs2rxpX__Sk&refer=energy
Source: Fuel Cell Today