To fast-track the commercialization of Direct Ocean Capture (DOC) technology, Captura is advancing research, development, and demonstration (RD&D) efforts in Los Angeles and Hawaii. This expansion aims to accelerate the completion of a piloting program and ready the technology for deployment in large-scale commercial plants.
JSW Steel, Carbon Clean, and BHP are collaborating to accelerate deployment of carbon capture technology for steelmaking decarbonization, following the signing of a joint study agreement between the parties. Under this agreement, the parties will commence joint studies to explore the feasibility of Carbon Clean’s CycloneCC modular technology to capture up to 100,000 tons per year of CO2 emissions – the largest scale CycloneCC deployment to date in steelmaking.
Speaking at Wood Mackenzie’s Carbon Capture, Utilization and Storage Conference in Houston, Peter Findlay, research director and head of CCUS economics for Wood Mackenzie, said that despite a growing market for carbon capture, utilization and storage (CCUS), economics remain challenging, and many potential projects are at risk.
Exxon Mobil Corporation has executed the largest offshore carbon dioxide (CO2) storage lease in the U.S. with the Texas General Land Office. The over 271,000-acre site complements the onshore CO2 storage portfolio ExxonMobil is developing, and further solidifies the U.S. Gulf Coast as a carbon capture and storage (CCS) leader.
The U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management announced $29 million for 12 research and development projects to fund two carbon management priorities—the conversion of carbon dioxide (CO2) into environmentally responsible and economically valuable products and the development of lower-cost, highly efficient technologies to capture CO2 from industrial sources and power plants for permanent storage or conversion.
The Danish Energy Agency is now publishing the final tender material for the CCS (Carbon Capture and Storage) pool. The pool is designed with a view ensuring maximum competition for the funds in order to obtain the greatest possible CO₂ reduction at the lowest possible price.
Evero confirmed that its two BECCS (Bio Energy with Carbon Capture and Storage) projects have both passed the “deliverability assessment” in the UK Government’s Hynet Track 1 expansion process. This lays the foundation for the delivery of two world class, large volume Greenhouse Gas Removals facilities operational by 2030.
Rushnu, a carbon capture and green chemical production company based at Daybreak Labs in Livermore, CA, has signed two pilot host agreements with Silicon Valley Clean Water and the City of Livermore. Rushnu's CarbonCatalyze™ Technology is one of the first to integrate carbon capture with green chemical production. It captures CO₂ from biogas and converts it into chemicals used for water treatment, significantly reducing the carbon footprint of both plants.
Colorado School of Mines and Carbon TerraVault Holdings, LLC announced the award of $8.9 million from the U.S. Department of Energy (DOE) for a Carbon Storage Assurance Facility Enterprise (CarbonSAFE) project in California.
The UK government announced it has reached commercial agreement with industry, and funding to launch carbon capture in the UK. Major funding for 2 carbon capture sites will inject growth into the industrial heartlands of the North West and North East of England – directly creating 4,000 jobs and supporting 50,000 jobs in the long-term while powering up the rest of the country.
Carbon Capture & Commercialization Inc. (CC&C) announced the successful patent approval of its revolutionary Direct Air Carbon Capture (DACC) technology, granted in an unprecedented six weeks through the U.S. Patent Office’s Track One application process. This achievement not only validates the strength of CC&C’s innovation but also positions the company to expedite commercialization and address the urgent global need for effective carbon removal solutions.
Mitsubishi Heavy Industries Compressor International Corporation (MCO-I) has announced the successful delivery of a state-of-the-art CO2 product compressor package for ExxonMobil’s carbon capture and storage (CCS) expansion project in LaBarge, Wyoming.
Heidelberg Materials has started a feasibility study for a decarbonisation project at its Rezzato Mazzano cement plant in the province of Brescia, which could become the first plant in Italy to produce carbon captured net-zero cement and concrete.
The U.S. Department of Energy (DOE) Office of Clean Energy Demonstrations (OCED) issued a Notice of Intent to fund up to $1.3 billion to catalyze investments in transformative carbon capture, utilization, and storage (CCUS) technologies.
The U.S. Department of Energy announced an award of $4.2 million to Project Tundra. This is the first installment of up to $350 million to Project Tundra. These funds will be distributed through the fully-paid-for Bipartisan Infrastructure Law’s Carbon Capture Demonstration Projects Program, which supports the development of community-informed integrated carbon capture, transport, and storage projects.
Technology group Wärtsilä has been contracted to supply its latest carbon capture and storage-ready scrubber systems for three container ships owned by German operator Leonhardt & Blumberg. A CCS-Ready solution will assure Leonhardt & Blumberg that it has continued regulatory compliance for SOx emissions today and opens the door to a smooth CCS system adoption in the future.
Votorantim Cimentos will develop CO2 capture technologies in its cement plants and Enagás will study solutions for its transport, liquefaction, storage and loading onto vessels at its regasification terminals, located in the area of influence of Votorantim Cimentos' plants.
Elimini, a new US-based business with an ambition to be a leader in carbon removals, has been launched at Climate Week NYC. The company is dedicated to permanently removing carbon from the atmosphere while generating renewable, 24/7 power.
Crescent Midstream has been selected to work on a project that would develop an integrated CCS project in Lake Charles, Louisiana capable of capturing, transporting, and permanently storing CO2 emitted from an Entergy Louisiana-owned natural gas-fueled power plant. It is expected to capture up to three million tons of CO2 per year that would otherwise be emitted on the Louisiana Gulf Coast.
Baker Hughes, an energy technology company, announced the launch of CarbonEdge™, powered by Cordant™, the first end-to-end, risk-based digital platform for CCUS (carbon capture, utilization, and storage) operations that provides comprehensive support, regulatory reporting, and operational risk management.
8 Rivers Capital, LLC announced an investment from JX Nippon Oil Exploration Limited, an affiliate company of JX Nippon Oil & Gas Exploration Corporation into 8 Rivers’ proprietary Calcite direct air capture (DAC) solution. This funding will support the deployment of 8 Rivers' Calcite DAC solution as it moves from pilot into commercial project development.
enfinium announced it has successfully launched the UK’s first carbon capture pilot at an energy from waste site. The launch is a milestone for the sector and for enfinium’s plans to deploy Carbon Capture and Storage (CCS) technology across its UK facilities to generate carbon removals at scale and support the UK’s Net Zero target.
enfinium is targeting decarbonization in the waste sector by developing five decarbonization hubs at its facilities across the UK, diverting waste from landfill to generate homegrown energy and doing so in a way that helps to meet net zero targets.
Deep Sky has secured investment from two of Canada’s preeminent financial institutions. National Bank of Canada and BMO have collectively invested $2.5M CAD, demonstrating their support of Deep Sky’s development of carbon removal infrastructure.
Navajo Transitional Energy Company (NTEC) announced that the U.S. Department of Energy (DOE) Office of Clean Energy Demonstrations (OCED) awarded NTEC $6.55 million in funding for a Front End Engineering Design (FEED) study to evaluate the feasibility of adding carbon capture and storage (CCS) to Four Corners Power Plant (FCPP).
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.
PPL Corporation announced it has executed an agreement with the U.S. Department of Energy (DOE) Office of Clean Energy Demonstrations (OCED) for an award up to $72 million to help fund a groundbreaking carbon dioxide (CO₂) capture research and development project at the company's natural gas combined-cycle generation facility in Louisville, Kentucky.
1PointFive, a wholly owned subsidiary of Occidental, announced that the U.S. Department of Energy’s (DOE) Office of Clean Energy Demonstrations (OCED) will provide up to $500 million to support the development of the South Texas Direct Air Capture (DAC) Hub.
Aquaterra Energy announced the launch of its legacy well re-entry and re-abandonment services along with its new patent-pending Recoverable Abandonment Frame (RAF). The combined solution will address challenges in locating, re-entering and re-abandoning legacy wells that penetrate, or pass through, offshore oil and gas reservoirs or saline aquifers that have been earmarked to be repurposed for carbon dioxide (CO2) or hydrogen storage.
Holocene, alongside the carbon removal team at Google, is sharing the first-of-its-kind, record setting direct air capture (DAC) offtake agreement with the world. A $10 million agreement to deliver $100 per ton carbon removal services in the early 2030s.
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