Hanwha Power and the University of Alberta sign MoU to advance R&D of low-carbon power technologies
An agreement signed between the University of Alberta and South Korean energy company Hanwha Power brings together top engineering expertise to advance research and development of low-carbon power technologies.
The memorandum of understanding sets the stage for collaborations on next-generation “energy recycling” solutions including supercritical CO2 systems that convert waste heat from gas turbines into electricity; turbo expander generators that generate power from pressure energy; and carbon capture, utilization and storage technology.
“This memorandum of understanding channels our joint expertise into collaborative research and development of low-carbon, sustainable energy infrastructure and provides U of A students a vital opportunity to apply foundational research in real-world industrial ecosystems,” says David Bressler, U of A vice-president, international, innovation and enterprise. “As a university, we are committed to building and nurturing these types of relationships that develop industry-ready talent.”
“We are pleased to partner with the University of Alberta, a hub for the energy industry,” says Michael Sicker, head of the Americas division of Hanwha Power. “We hope this collaboration empowers students to grow into future energy experts. For Hanwha Power, this is a significant opportunity to validate and refine our technical capabilities within Canada.”
Along with research and development, the partners expect to conduct feasibility studies, business structure analysis and economic assessments to pave the way for full-scale commercialization of these technologies in the North American energy market.
Hanwha Power is a global energy solutions company with deep-rooted expertise in high-performance gas turbines and compressors. The company delivers integrated energy infrastructure solutions spanning the full value chain of the power industry — from equipment manufacturing to operations and services — while actively driving the energy transition.
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