November 15, 2023
BY Danielle Piekarski
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Elimini’s Q2 report highlights record-breaking growth in engineered carbon removals, driven by Microsoft’s landmark BECCS purchases. The report also notes biochar’s rise past DAC as the second-largest removal pathway by volume.
Carbon Ridge, a leading developer of onboard carbon capture and storage solutions for the maritime industry, has achieved a shipping industry first with the successful deployment of a centrifugal onboard carbon capture system (OCCS) aboard an LR2 product tanker owned by Scorpio Tankers Inc.
Elimini has signed a joint development agreement with Greater Copenhagen’s public utility HOFOR to explore the development of a large-scale bioenergy with carbon capture and storage (BECCS) facility at the Amagerværket combined heat and power plant in Copenhagen, Denmark.
ExxonMobil Benelux has kicked off construction on its Carbonate Fuel Cell (CFC) pilot project in Rotterdam, aiming to capture over 90% of CO₂ from natural gas emissions while simultaneously producing power, hydrogen, and heat. The scalable system, developed in partnership with FuelCell Energy, could reshape CCS economics by making carbon capture not a cost center—but a generator of clean energy.
BKV Corporation announced the execution of an agreement with a leading diversified midstream energy company to develop a new carbon capture and sequestration (“CCS”) project at a currently operating natural gas processing plant in East Texas. The agreement expands on a previously announced agreement between the companies to develop a separate CCS project at a location in South Texas.