(Source: MARKETWIRE)

Researched by Industrial Info Resources (Sugar Land, Texas) --
Energy and transport infrastructure company Alstom SA (EPA:ALO)
(Levallois-Perret, France) and oilfield services company Schlumberger
Limited (NYSE:SLB) (Houston, Texas) recently announced that they have
signed an agreement for a mutual collaboration under which they will
study the technical readiness of power plants to accommodate carbon
capture and storage (CCS) systems developed by Alstom. The study will
identify steps that a power plant must take to adapt to the CCS
systems, evaluate potential storage sites for carbon dioxide, and
also assess the future costs of transporting and storing carbon
dioxide. The joint offering has been designed so that power plants
can incorporate CCS in the future and secure environmental permits
easily. Alstom has signed agreements with several power, utility,
and oil and gas companies in the U.S. and Europe since 2006 to test
carbon-capture technologies, including American Electric Power
Company Incorporated (NYSE:AEP) (Columbus, Ohio), The Dow Chemical
Company (NYSE:DOW) (Midland, Michigan) and StatoilHydro ASA
(NYSE:STO) (Stavanger, Norway).
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