April 26, 2024
BY Deep Sky
Deep Sky, a Montréal-based carbon removal project developer, and Carbfix, the world’s first CO2 mineral storage operator, have partnered to explore CO2 mineral storage in Canada. A pre-feasibility study of Quebec’s potential reservoirs for CO2 mineral storage will conclude in June.
The study involves screening of geological and geochemical data of the subsurface, as well as laboratory work on the ultramafic rock formations present in several regions across Québec. In this partnership, the geophysical properties of the rocks will be measured, such as porosity and permeability, calculating the reactivity of the rocks and defining safe locations for injection and monitoring wells. This data will provide an assessment of the potential of the formations for the in-situ carbon mineralization process and the safe and permanent sequestration of CO2 by using a unique process that turns it into stone underground in just a couple of years.
“As the world's first IP agnostic project developer, we’re committed to scaling carbon removal and storage in Canada,” said Damien Steel, Deep Sky CEO. “That involves methodically studying the carbon sequestration potential across Canada, whose vast geography promises truly scalable opportunities for meaningful climate impact. We’re pleased to work with Carbfix, the industry’s carbon mineralization pioneer who developed carbon storage in Iceland, on this important project in Québec.”
“Our partnership with Deep Sky demonstrates Carbfix's dedication to pioneering sustainable value chains and solutions for safe and permanent carbon storage,” said Edda Aradottir, Carbfix CEO. “This collaboration in Québec is a key step towards realizing global net-zero ambitions, illustrating our shared commitment towards climate recovery.”
Advertisement
Together, Deep Sky and Carbfix are committed to developing and deploying cutting-edge carbon dioxide removal (CDR) and storage technologies. High-quality CDR is essential for achieving net zero emissions goals and mitigating the impacts of climate change.
Deep Sky is working to build large-scale carbon removal and storage infrastructure in Canada. As a project developer, the company is bringing together the most promising carbon dioxide removal and sequestration technologies to commercialize solutions at scale.
Advertisement
Backed by an EU Connecting Europe Facility Grant, the project will deliver world-scale CO₂ reception infrastructure and unlock economies of scale for Denmark and the European Union.
Eni has signed an agreement to enter into a period of exclusivity with Global Infrastructure Partners (GIP) aimed at progressing the confirmatory due diligence phase and completing the drafting of the documents related to the sale of a co-control stake of 49.99% in Eni CCUS Holding.
Worley Consulting has been chosen to continue delivering Lender’s Technical Advisor services for the Northern Endurance Partnership (NEP) and Net Zero Teesside Power (NZT Power). NEP is the CO2 transportation and storage provider to carbon capture projects across Teesside and the Humber in North-East England, while NZT Power aims to become the world’s first gas-fired power station with carbon capture and storage.
INEOS Energy and Royal Wagenborg launched and named the first European built offshore CO2 carrier to enable carbon capture storage across Europe. The launch and naming of Carbon Destroyer 1 marks a defining moment in the development of Project Greensand and the EU’s first commercial -scale carbon capture and storage (CCS) value chain.
BKV Corporation announced the formation of a strategic joint venture between BKV dCarbon Ventures, LLC, BKV’s wholly-owned subsidiary, and Copenhagen Infrastructure Partners, on behalf of its Energy Transition Fund I, to expand BKV’s portfolio of carbon capture, utilization and sequestration projects.