11/06/2008 - 22:00

In Brief: Aviva, Arc Energy join forces

11/06/2008 - 22:00

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In Brief: Aviva, Arc Energy join forces
ASPIRING power generation company Aviva Corporation and oil and gas producer ARC Energy have agreed to partner to study the potential for sequestration of carbon dioxide in depleted oil and gas reservoirs in the North Perth Basin. As a first step, ARC Energy will join the existing study commissioned by Aviva and being conducted by CO2CRC Technologies, which is investigating sequestration sites for future emissions from Aviva’s planned 400 megawatt coal-fired Coolimba power station. The CO2CRC is one of the world’s leading collaborative research organisations focused on carbon dioxide capture and geological storage (geosequestration). Aviva is currently developing the Coolimba Power Project, a $1 billion investment based on a 400MW coal fired power station.

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