MHIENG Receives Highest Award among 2021 Outstanding Energy-Efficient

? Japan Machinery Federation’s highest “METI Minister’s Award” recognizes MHIENG’s CO2 capture system as machinery that contributes to decarbonization
? Awards presented to companies for development and commercialization of outstanding energy-efficient, decarbonizing industrial machinery and systems

Mitsubishi Heavy Industries Engineering, Ltd. (MHIENG), a group company of Mitsubishi Heavy Industries, Ltd. (MHI), has been named recipient of the METI (Ministry of Economy, Trade and Industry) Minister’s Award, the highest among the 2021 Outstanding Energy-Efficient and Decarbonizing Industrial Machinery & Systems Awards bestowed by The Japan Machinery Federation (JMF). MHIENG received the award for “KS-21™,”(Note1) an innovative new solvent jointly developed with Kansai Electric Power Co., Inc. (KEPCO), and its “Advanced KM CDR Process™,” a cutting-edge carbon capture process adopting the KS-21™.

The JMF awards are given to promote the adoption and further development of outstanding energy-efficient industrial machinery and systems as well as effectively contribution for decarbonization. The development and widespread adoption of such machinery and systems by the industrial sector are considered indispensable globally toward achieving carbon neutrality by 2050.

Commercialization of the KS-21™ solvent was completed following demonstration testing in 2021 at the Technology Centre Mongstad in Norway, one of the world’s largest carbon capture demonstration facilities. MHIENG has also agreed a long-term contract with Drax Group, a renewable energy company based in the United Kingdom, to use the proprietary KS-21™ solvent at its power station in North Yorkshire. The project aims to capture and store at least 8 million tonnes of CO2 a year by 2030 - making it the world’s largest carbon capture in power project. (Note2)

MHI Group today is undertaking strategic initiatives to strengthen its business in products supporting the energy transition, and development of CO2 ecosystems is a core part of those efforts. Carbon capture, utilization and storage (CCUS) is garnering attention as an effective means for realizing a carbon neutral society. As of January 2022, MHIENG accounts for the world’s highest share with respect to volume of carbon captured from flue gas at commercial plants. By promoting widespread adoption of its high-performance carbon capture technologies globally, the company aims to contribute to reducing greenhouse gas emissions on a global scale. Going forward, MHIENG will continue its efforts to further develop proprietary technologies that will contribute to protecting the earth’s environment.