Aker Solutions Joins Forces with Microsoft to Accelerate Carbon Capture Projects
Aker Solutions has teamed up with Microsoft to accelerate carbon capture and removal projects worldwide. The collaboration combines Aker's techno-economic advisory services and end-to-end engineering, procurement, and construction capabilities with Microsoft's expertise in digital technologies, data, artificial intelligence (AI), monitoring, reporting, and verification (MRV), and carbon markets.
Under the agreement, Aker Solutions will engage with developers, emitters, transport and storage providers, industry stakeholders, and governments to support project development, reduce execution risk, strengthen investment readiness, including potential CDR credits, and accelerate progress towards final investment decisions (FID).
Microsoft has pledged to become carbon negative by 2030 and remove its historical emissions by 2050. To meet these ambitions, the company has helped scale the market for durable carbon dioxide removal through long-term purchasing agreements and transparently sharing its learnings.