- Study is first phase of an anticipated large-scale commercial project to retrofit Filer City Station power plant with biomass and decarbonization technologies to replace coal.

- When complete, 75-megawatt power plant would use sustainable biomass as fuel to generate power, with net-negative CO₂ emissions.

Babcock & Wilcox (B&W) (NYSE: BW) announced today that it has been awarded a contract by NorthStar Clean Energy to conduct a Bioenergy with Carbon Capture and Storage (BECCS) engineering study to convert a coal-fired power plant in Michigan to use biomass fuel and retrofit the plant with B&W’s SolveBright™ carbon dioxide (CO₂) capture process.

The study is the first phase of a commercial-scale project partially funded by the U.S. Department of Energy. Babcock & Wilcox Construction Co., LLC, will manage construction and mechanical scope of the study and commercial phase.

NorthStar Clean Energy plans to eliminate CO₂ emissions from the plant by converting the 75-megawatt TES Filer City Station power station in Filer City, Mich., to use sustainable biomass as fuel. The plant is jointly owned by NorthStar Clean Energy (a subsidiary of Jackson, Mich.-based CMS Energy Corporation) and Houston, Texas-based Tondu Corp. The CO₂ generated by the plant would be captured using B&W’s unique SolveBright post-combustion CO₂ scrubbing process which provides for flexibility in the regenerable solvent used to isolate CO₂ for sequestration or utilization.

“BECCS projects hold tremendous potential in helping the world achieve a goal of net-zero carbon emissions by 2050,” said Joe Buckler, B&W Senior Vice President, Clean Energy. “Capturing CO₂ from biomass combustion allows a plant to generate energy and be a net-negative emitter of greenhouse gases. This in turn allows the plant owner to offset emissions from other sources such as through the sale and trade of carbon credits.”

“For post-combustion carbon capture, B&W offers pre-treatment technologies to clean the flue gas prior to carbon capture and our SolveBright process that can be tailored to support the preferred solvent of our customers,” Buckler said.

“NorthStar Clean Energy brings our expertise and creativity to help our clients reach their decarbonization and business goals quickly,” said Brian Hartmann, President of NorthStar Clean Energy. “The Filer City carbon capture project is a prime example of how we can use innovation to make that happen. We look forward to partnering with B&W to showcase this technology’s potential in Michigan.”

Joe Tondu, President of Tondu Corp, also expressed his excitement about the project.

“We have had a long and successful relationship with B&W and are pleased to be working with them again on our ground-breaking Filer BECCS conversion,” Tondu said.

When the biomass and carbon capture conversion is complete, TES Filer City Station will be able to provide power to more than 70,000 homes while producing net-negative CO₂ emissions.

About Babcock & Wilcox

Headquartered in Akron, Ohio, Babcock & Wilcox Enterprises, Inc. is a leader in energy and environmental products and services for power and industrial markets worldwide. Follow us on LinkedIn and learn more at babcock.com.

Forward-Looking Statements

B&W cautions that this release contains forward-looking statements, including, without limitation, statements relating to a contract for an engineering study to convert a coal-fired power plant in Michigan to use biomass fuel and retrofit the plant with carbon dioxide capture technology. These forward-looking statements are based on management’s current expectations and involve a number of risks and uncertainties. For a more complete discussion of these risk factors, see our filings with the Securities and Exchange Commission, including our most recent annual report on Form 10-K. If one or more of these risks or other risks materialize, actual results may vary materially from those expressed. We caution readers not to place undue reliance on these forward-looking statements, which speak only as of the date of this release, and we undertake no obligation to update or revise any forward-looking statement, except to the extent required by applicable law.

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