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Carbon capture technology company4/28/2024 ![]() He said the carbon removal off-take agreement with Frontier was likely to be the first of several that AspiraDAC would deliver. “This is the start of what could be a significant industry.” “We really think this is a launch moment for direct air capture in Australia,” Turecek said. He said the company had not confirmed the location or the geological storage for the site, but confirmed depleted oil and gas reservoirs at Moomba, in South Australia, were being considered. ![]() The executive director of AspiraDAC, Julian Turecek, said up to 180 modules would be needed to fulfil the contract and these would cover an area of less than half a hectare. In the first major purchase under the venture, technology company Stripe, one of the partners in Frontier, announced this week it was spending US$2.4m (AU$3.5m) on six direct air capture projects around the world, including AspiraDAC. They argue that requiring facilities to report actual capture rates would tell us more precisely how well CCS is working and put us in a much better position to address the climate crisis.Ĭurrently, there is no global centralised framework to compel the reporting of precise amounts of carbon captured, so actual rates of capture, transport and storage are not centrally reported.In April several major corporates, including the owners of Facebook and Google, announced a new venture called Frontier that would commit US$925m (AU$1,359) to projects that pull CO2 from the air and then store it. However, another study from researchers at Imperial College London recently found that governments routinely overestimate the amount of carbon that has been sequestered from carbon capture efforts by between 19 and 30 per cent. In June this year, the country opened its first licensing round of large-scale carbon capture projects in 13 areas within the North Sea, specifically in locations off the coast of Aberdeen, Teesside, Liverpool and Lincolnshire. The OEUK report estimates that the UK has a total storage capacity of 78 gigatons, one of the largest in Europe, but the domestic industry is at risk of losing it to more attractive opportunities elsewhere in the world if it does not secure first-mover advantage. The UK government's official Net Zero Strategy estimates that around 50m tonnes a year will need to be captured by 2035. In the UK alone, the carbon capture and storage (CCS) sector could be worth £100bn to the economy by 2050, according to an Offshore Energies UK (OEUK) report. With this small contribution towards the net zero economy, we hope to inspire the industry to make further strides in this decarbonisation drive."Ĭarbon capture and storage has been recognised as a critical technology to help energy-intensive sectors, such as cement and power generation, meet their net zero goals. "Decarbonisation through carbon capture is the future. "It is a great honour and achievement to successfully demonstrate the carbon capture project at NTPC's Vindhyachal plant," added Surbhi Puri, Director, Green Power International added. Often considered a promising environmentally friendly route for combatting CO2 emissions, catalytic hydrogenation can be used to convert CO2 to methanol by reacting hydrogen with CO2 using a catalyst such as nickel, palladium or platinum.Ĭarbon Clean's CDRMax carbon capture technology can be used with point source gases that contain CO2 concentrations between 3 per cent and 25 per cent by volume and produces methanol with purities greater than 99 per cent. ![]() "This project demonstrates how carbon capture supports industrial decarbonisation, as well as providing opportunities for companies to join the growing circular carbon economy." ![]() "We are thrilled to see our technology begin to capture carbon from NTPC's plant and look forward to seeing how the CO2- to-methanol project develops in the future," said Aniruddha Sharma, CEO of Carbon Clean. The carbon captured will then be combined with hydrogen to produce 10 tonnes of methanol a day, through a catalytic hydrogenation process. The organisations are expected to use a modified tertiary amine to capture CO2 from the flue gas that the power plant produces, capturing a total of 20 tonnes of CO2 per day. The project is taking place at NTPC's 500MW coal-fired power plant (Unit-13) at Vindhyachal Super Thermal Power Station, in Madhya Pradesh, India, in collaboration with Green Power International. UK-based carbon capture organisation Carbon Clean has begun capturing carbon from NTPC's power plant in India, with a view to converting it to methanol and reducing the facility's environmental impact. ![]()
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