Hanwha Power Systems has signed an MOU with TC Energy to develop an sCO2 waste heat recovery project in West Virginia. The project involves installing an sCO2 power generation system at a compressor station to utilize waste heat exhaust from a gas turbine compressor set. This initiative aims to offer a lower cost, carbon-free renewable energy solution. Utilizing supercritical carbon dioxide, the technology is expected to bring higher thermal efficiencies at lower capital costs compared to steam-based power cycles according to the U.S. Department of Energy (DOE). The CEO of Hanwha Power Systems, Justin Lee, expressed optimism about the commercialization of sCO2 power generation systems and their role in reducing carbon emissions in the oil and gas market. Additionally, the STEP Demo pilot plant in San Antonio, a collaboration between various entities including GTI Energy and the U.S. DOE, has successfully generated electricity using sCO2 power cycles. The plant is set to increase its operating temperature to enhance power generation, aiming to produce 10 MWe hourly by the end of its final phase. The pilot plant showcases the efficiency and cost-effectiveness of sCO2 turbomachinery, paving the way for advancements in sCO2 technology in the energy sector.