Hanwha Power and Pembina Pipeline Sign MOU for Lower-Carbon Power Generation Linked to Canadian Submarine Programme

## Hanwha Power and Pembina Pipeline Forge Lower-Carbon Energy Partnership Hanwha Power Systems has entered into a strategic memorandum of understanding (MOU) with Pembina Pipeline Corporation, one of Canada's largest energy infrastructure companies, to collaborate on lower-carbon power generation — a move that carries significant implications for both the North American energy sector and Canada's expanding defence industrial base. According to PR Newswire, the agreement forms part of the Industrial and Technological Benefits (ITB) programme linked to the Hanwha Ocean Canada Submarine Procurement Programme (CPSP), underscoring the increasingly close relationship between South Korea's Hanwha Group and Canadian government and industry stakeholders. ### Waste Heat Recovery at the Core The technical centrepiece of the partnership focuses on generating power from waste heat discarded by pipeline booster stations — a process known as waste heat recovery (WHR). Pipeline compressor and booster stations routinely expel significant thermal energy as a byproduct of operations. By capturing and converting this otherwise lost energy into usable electricity, the two companies aim to establish a commercially viable carbon-reduction solution for North American energy infrastructure. This approach aligns with broader industry efforts to decarbonise existing fossil fuel infrastructure without requiring wholesale replacement of assets, offering pipeline operators a pathway to reduce their carbon intensity and operational costs simultaneously. ### Defence-Industrial Linkage The MOU's connection to the CPSP is notable. Canada's submarine procurement process has drawn considerable international interest, and Hanwha Ocean — the shipbuilding arm of the Hanwha Group — is among the contenders positioning itself within the Canadian defence market. ITB obligations require foreign defence contractors to invest in Canadian industry as a condition of major procurement contracts, making partnerships such as this one a strategic necessity as much as a commercial opportunity. By linking Hanwha Power's energy technology capabilities to Pembina's extensive pipeline network across Western Canada, the agreement demonstrates how defence procurement programmes can catalyse broader industrial and clean energy cooperation. ### Expanding the North American Footprint For Hanwha, the MOU represents a further step in expanding its commercial and industrial presence in North America, building on the group's growing investments in shipbuilding, defence, and energy sectors. For Pembina Pipeline, the partnership offers access to advanced power generation technology that could enhance the sustainability credentials of its infrastructure portfolio. The two companies have indicated they intend to develop the cooperation framework further, with the goal of establishing concrete project pipelines under the ITB programme structure. *Source: PR Newswire*