As the CCUS industry faces ongoing uncertainty, with economic challenges and evolving regulatory landscapes, one thing remains clear: The drive for scalable decarbonization is unwavering.
Carbon Direct, in collaboration with Microsoft, announced the release of new criteria for high-quality marine carbon dioxide removal (mCDR), setting a higher standard for social impact, monitoring, durability, and environmental integrity in the rapidly evolving mCDR space.
EFM and Meta have finalized a groundbreaking long-term contract for the delivery of 676,000 nature-based carbon removal credits through 2035. The deal will support the transition of 68,000 acres of forestland to climate-smart management on Washington’s Olympic Peninsula, with the goal of removing more than one million tons of carbon emissions over the next decade.
RHI Magnesita, MCi Carbon, the Austrian Institute of Technology, and the University of Technology Sydney will receive funding for the CCUPScale project, for which Newcastle based cleantech startup MCi Carbon will receive AUD $3.29m.
Capsol Technologies has been awarded an Engineering Services Agreement for a pre-FEED (Front-End Engineering Design) study for the CapsolEoP® (end-of-pipe) carbon capture technology at a cement plant in Europe. The study is for a plant aiming to capture 600,000 tons of CO2 per annum.
UK-based global renewable energy company, Low Carbon, has announced that it has entered into a Power Purchase Agreement (PPA) with Deep Sky, the Quebec-based carbon removal project developer.
Equinor, alongside project partners, has announced financial close after taking a Final Investment Decision (FID) to progress to execution phase on two of the UK’s first carbon capture and storage (CCS) projects in Teesside, the Northern Endurance Partnership and Net Zero Teesside Power.
California Resources Corporation, and its carbon management business, Carbon TerraVault, announced the signing of a Memorandum of Understanding (MOU) with Net Power Inc., to develop Net Power’s ultra-low emission power plants in California.
Carbon capture and removal project developers Return Carbon and Verified Carbon announced “Project Concho,” a pioneering Direct Air Capture (DAC) hub to be built in Tom Green County, Texas.
BluSky Carbon Inc. announced it has initiated a series of informative demonstration events at its AR1 biochar production facility located in Warren, Arkansas. The demo day events have been arranged to host executives and key personnel from specially invited organizations to view BluSky's technology and to provide an opportunity to interact with team members and in-house subject matter experts.
Carbonfuture announced a strategic partnership with Economist Impact. This collaboration will co-create the first-ever Carbon Removal Spotlight at Economist Impact events. Fully integrated into the conference program, the spotlight will focus on advancing corporate action on carbon removal as a core component of net-zero strategies.
Artio has announced it has raised £550k to pioneer insurance solutions for early-stage carbon removal projects through its proprietary risk modelling platform. Artio's insurance products enable investors to confidently back early-stage carbon removal projects by providing risk mitigation from day one.
Holcim has been selected for a new grant from the European Union (EU) Innovation Fund for its breakthrough carbon capture and storage project in Martres-Tolosane, France. This grant for the CarboClearTech project brings the number of Holcim’s large-scale EU-supported carbon capture, utilization and storage (CCUS) projects to seven, advancing the European Green Deal.
Carbon Removal Canada released a new policy report this week, “Procuring with Purpose: Canada’s Opportunity to Shape the Carbon Removal Market.” The report shows how the government can build a robust carbon removal sector in Canada.
Alt Carbon has made history as the first India-headquartered company to receive a prepurchase agreement from the prestigious Frontier, the advance market commitment for carbon removal. The purchase will help support the startup’s Darjeeling Revival Project, a breakthrough initiative that combines innovative carbon removal technologies with the revival of India’s historic tea estates.
The Washington State Department of Commerce announced 46 grants funded by the Washington Climate Commitment Act with additional state funding to boost clean energy technology innovation and support clean energy planning, design and construction projects throughout the state.
Worley has been working with VPI since 2022 to deliver the front-end engineering design for the carbon capture retrofit at the Immingham plant. Under this new contract Worley will support the engineering, procurement, and construction development phase. This will help to prepare for the EPC of the project, pending a final investment decision next year.
The Australian Government is supporting new ways to capture carbon dioxide and put it to use, to help reduce emissions from hard-to-abate industries and advance Australia’s net zero transformation. Through the Carbon Capture Technologies Program, the government is investing $65 million in 7 projects that will use emerging technologies to decarbonize hard-to-abate industrial processes and directly remove carbon dioxide from the atmosphere.
Synergia Energy Limited announced the commencement of a farm out process concerning its Medway Hub Camelot CCS project in the UK. Synergia and its partner, Wintershall Dea, each hold a 50% interest in the CS019 Camelot carbon storage license, with Synergia as designated operator.
ArcelorMittal and partners Mitsubishi Heavy Industries, Ltd., BHP, along with Mitsubishi Development Pty Ltd have successfully started operating a pilot carbon capture unit on the blast furnace off-gas at ArcelorMittal Gent in Belgium. The pilot unit will operate for one to two years to test the feasibility of progress to full-scale deployment of the technology, which would be able to capture a sizeable portion of the Gent site emissions, if successful.
Spiritus, the climate tech company pioneering cost-effective solutions for scalable direct air capture of carbon removal, entered into a memorandum of understanding with Aramco, one of the world’s leading global energy and chemicals companies, and has additionally announced that it received an equity investment in the company in November 2023, from Aramco Ventures.
Q&A with Brooks Wallace, VP, Communications & Marketing at Deep Sky Questions by Danielle Piekarski & Photos by Deep Sky
Transitioning to net-zero emissions presents formidable challenges, particularly in the context of existing energy infrastructure.
Carbon Clean has achieved a fabrication milestone on Ørsted’s FlagshipONE project, Europe’s largest commercial-scale eMethanol facility under construction. The first equipment has been mounted on the structural steel of the first module, marking the start of the module assembly process. Once operational, Carbon Clean’s technology will be capable of capturing 70,000 tonnes of biogenic CO2 per year for Ørsted’s facility in Örnsköldsvik, Sweden.
Deep Sky and Avnos have joined forces to deploy Hybrid Direct Air Capture (HDAC) technology in Canada. As part of its partnership with Deep Sky, Avnos will build and install a Hybrid DAC Air Handling Unit (AHU) at Deep Sky Labs in Canada, with the capacity to remove 450 tons of CO2 per year.
enfinium announced a significant step in its mission to decarbonize the UK’s unrecyclable waste by signing an agreement with global green technology company Hitachi Zosen Inova to install the UK’s first carbon capture pilot plant at an energy from waste facility.
Saipem has signed a Letter of Intent stating that the company has been selected for the award of the Northern Endurance Partnership and Net Zero Teesside Power projects. The two projects are related to the development of CO2 offshore transportation and storage facilities to the East Coast Cluster in the United Kingdom.
Spirit Energy has reached a major milestone for its Morecambe Net Zero (MNZ) project with the successful securing of a seismic survey vessel to undertake a scope of work in the East Irish Sea as the company continues its journey to net zero.
Alto Ingredients, Inc. announced that it has entered into an exclusive nonbinding letter of intent and is nearing the execution of definitive agreements to develop a carbon capture and storage (CCS) project with Vault 44.01 at Alto’s Pekin campus in Pekin, IL.
Ethanol Producer Magazine announced this week the preliminary agenda for the 2024 International Fuel Ethanol Workshop & Expo (FEW) taking place June 10-12, 2024 at the Minneapolis Convention Center in Minneapolis, Minnesota.
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