On 10 April, China Huaneng Group Clean Energy Research Institute Co., Ltd. and Carbon Transport and Storage Company ("CTSCo") of Glencore have signed a Memorandum of Understanding (MOU) for the cooperation on carbon capture utilisation and storage (CCUS) technology, commencing with the CTSCo Project in Millmerran power station in Australia.

Signing the MOU today both companies committed to supporting the deployment of low emissions technologies like CCUS to reduce greenhouse emissions from the use of fossil fuels and other industrial processes.

The CTSCo Project in Queensland, Australia will use China Huaneng's CO2 capture technology at the Millmerran coal fired power station to capture a stream of CO2 which will then be transported and stored permanently in a non-potable aquifer at a depth of more than 2 kilometres.