Baker Hughes (BKR): Collaborative Decarbonization in Energy Sector

By Patricia Miller

Mar 10, 2025

1 min read

Baker Hughes and Woodside Energy launch joint initiative leveraging Net Power technology to drive small-scale, low-carbon solutions for heavy industries.

Sustainable eco-friendly glass building in city with green tree reducing carbon emissions. Modern office architecture with zero carbon design.

#What You Need to Know

Baker Hughes Co (NASDAQ: BKR) and Woodside Energy Group Ltd (ASX: WDS) have formed a collaboration framework aimed at developing a lower carbon power generation technology. This initiative seeks to implement the Net Power platform for applications in oil and gas, heavy industries, and smaller energy segments. The aim is to create a decarbonization solution that captures nearly all carbon dioxide emissions while generating affordable energy. The companies will assess the feasibility and scalability of this platform, opening the door for additional partners to enhance the project as market demands evolve.

Sign up for Investing Intel Newsletter

Get the latest news and updates from our team.

I agree to the privacy policy.

#Why This Is Important for Retail Investors

  • Investment Potential: The collaboration signals an opportunity to invest in innovative energy technologies that align with global decarbonization goals.

  • Sustainability Focus: As businesses place greater emphasis on sustainability, investing in companies working toward lower carbon technology can align with this trend.

  • Growth Opportunities: The energy transition offers growth opportunities in various sectors, including oil and gas, and heavy industries.

  • Collaborative Innovation: Joint ventures like this often lead to technology advancements, which can enhance stock performance and shareholder value.

#Relevant ETFs

  • Invesco Solar ETF

  • iShares Global Clean Energy ETF

  • First Trust Global Wind Energy ETF

  • SPDR S&P Fossil Fuel Reserves Free ETF

  • iShares U.S. Oil & Gas Exploration & Production ETF

  • Global X Renewable Energy Producers ETF

A Guide to Investing in Clean Energy

Related Articles:

Explore more on these topics:

Materials energy Renewables Sustainability Energy

Important Notice And Disclaimer

This article does not provide any financial advice and is not a recommendation to deal in any securities or product. Investments may fall in value and an investor may lose some or all of their investment. Past performance is not an indicator of future performance.

Patricia Miller does not hold any position in the stock(s) and/or financial instrument(s) mentioned in the above article.

Patricia Miller has not been paid to produce this piece by the company or companies mentioned above.

Digitonic Ltd, the owner of ValueTheMarkets.com, does not hold a position or positions in the stock(s) and/or financial instrument(s) mentioned in the above article.

Digitonic Ltd, the owner of ValueTheMarkets.com, has not been paid for the production of this piece by the company or companies mentioned above.