Baker Hughes Launches CarbonEdge to Revolutionize CCUS Operations

Core Insights - Baker Hughes Company has launched CarbonEdge, a digital solution aimed at enhancing carbon capture, utilization, and storage (CCUS) operations, contributing to global decarbonization efforts [1][7] - The platform is powered by Baker Hughes' Cordant industrial software, providing an end-to-end solution for monitoring and optimizing CO2 flows throughout the CCUS lifecycle [2][4] - CarbonEdge positions Baker Hughes as a leader in CCUS technology, offering advanced risk management and regulatory reporting tools for CO2 measurement and verification [3] Product Features - CarbonEdge is designed for rapid deployment and scalability, making it suitable for various industries and ensuring smooth data synchronization with existing digital infrastructure [4] - The platform provides real-time data insights and alerts, enhancing operational decision-making across all stages of CCUS, from capture to subsurface storage [2][4] Strategic Partnerships - Wabash Valley Resources has signed a long-term agreement to be the first customer of CarbonEdge, which will help improve CO2 sequestration measurement and verification [5] Market Position - The launch of CarbonEdge is timely as CCUS becomes increasingly critical in global climate strategies, reinforcing Baker Hughes' commitment to sustainable energy development [7] - Baker Hughes' stock (BKR) has outperformed the industry over the past six months, gaining 4.4% compared to the industry's 14.3% decline [8]