Carbon capture and sequestration

Cquestr8 raises $300k seed capital to develop safe & permanent carbon sequestration solution

Retrieved on: 
Wednesday, April 21, 2021

b'LONDON, April 21, 2021 /PRNewswire/ -- Cquestr8 , 2020 winners of the Climate-KIC\'s ClimateLaunchpad "Next Big Thing" prize, has secured funding to develop their unique carbon sequestration solution, leveraging natural processes to safely lock away CO2 as stable ocean bicarbonate.

Key Points: 
  • b'LONDON, April 21, 2021 /PRNewswire/ -- Cquestr8 , 2020 winners of the Climate-KIC\'s ClimateLaunchpad "Next Big Thing" prize, has secured funding to develop their unique carbon sequestration solution, leveraging natural processes to safely lock away CO2 as stable ocean bicarbonate.
  • We are excited that our scalable solution will deliver 100% measurability, 1000 year+ permanence and significant environmental co-benefits, all at a very low cost.
  • "\nAndrew Shebbeare, Managing Partner at Counteract , said, "We get particularly excited by carbon removal applications with systemic benefits.
  • "\nPaul Ellis, MD, Schaefer Kalk (Malaysia), and President of the International Lime Association said, "Our members always seek safe and effective carbon removal pathways.

Cquestr8 raises $300k seed capital to develop safe & permanent carbon sequestration solution

Retrieved on: 
Wednesday, April 21, 2021

b'LONDON, April 21, 2021 /PRNewswire/ -- Cquestr8 , 2020 winners of the Climate-KIC\'s ClimateLaunchpad "Next Big Thing" prize, has secured funding to develop their unique carbon sequestration solution, leveraging natural processes to safely lock away CO2 as stable ocean bicarbonate.

Key Points: 
  • b'LONDON, April 21, 2021 /PRNewswire/ -- Cquestr8 , 2020 winners of the Climate-KIC\'s ClimateLaunchpad "Next Big Thing" prize, has secured funding to develop their unique carbon sequestration solution, leveraging natural processes to safely lock away CO2 as stable ocean bicarbonate.
  • We are excited that our scalable solution will deliver 100% measurability, 1000 year+ permanence and significant environmental co-benefits, all at a very low cost.
  • "\nAndrew Shebbeare, Managing Partner at Counteract , said, "We get particularly excited by carbon removal applications with systemic benefits.
  • "\nPaul Ellis, MD, Schaefer Kalk (Malaysia), and President of the International Lime Association said, "Our members always seek safe and effective carbon removal pathways.

Atlas-SSI Launches Sustainability Program to Recognize Carbon Dioxide Reduction Achieved by Rebuilding Travelling Water Screens

Retrieved on: 
Tuesday, April 20, 2021

A typical water intake screen uses about 10 tons of steel, which is the equivalent weight of 5 average U.S. cars.

Key Points: 
  • A typical water intake screen uses about 10 tons of steel, which is the equivalent weight of 5 average U.S. cars.
  • By reusing the steel components and rebuilding screens to extend their service life, the carbon requirement for producing new steel can be eliminated, saving up to 18.5 tons of carbon dioxide (CO2) per screen.\nUnder the new partnership with One Tree Planted, Atlas-SSI will recognize the reduction of CO2 by planting 100 trees for each water intake screen that is rebuilt.
  • "For over 35 years, Atlas-SSI has been rebuilding screens, and this program enhances our efforts by providing both immediate and long-lasting CO2 reduction through the planting of trees.
  • "\nAtlas-SSI is the largest full-service manufacturer of raw water intake equipment, traveling water screens, 316(b) fish-friendly screens and trash rake systems in North America.

NextDecade and Mitsubishi Heavy Industries America Execute Engineering Services Agreement for Carbon Capture at Rio Grande LNG Project in Texas

Retrieved on: 
Wednesday, April 14, 2021

View the full release here: https://www.businesswire.com/news/home/20210414005133/en/\nLast month, NextDecade announced its wholly owned subsidiary, NEXT Carbon Solutions, is developing one of the largest carbon capture and storage (CCS) projects in North America at Rio Grande LNG.

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20210414005133/en/\nLast month, NextDecade announced its wholly owned subsidiary, NEXT Carbon Solutions, is developing one of the largest carbon capture and storage (CCS) projects in North America at Rio Grande LNG.
  • \xe2\x80\x9cMHI Group\xe2\x80\x99s carbon capture solution is an ideal complement to NextDecade\xe2\x80\x99s proprietary processes.
  • NextDecade, through its wholly owned subsidiaries Rio Grande LNG and NEXT Carbon Solutions, is developing a 27 mtpa LNG export facility in South Texas along with one of the largest carbon capture and storage projects in North America.
  • NextDecade\xe2\x80\x99s common stock is listed on the Nasdaq Stock Market under the symbol \xe2\x80\x9cNEXT.\xe2\x80\x9d NextDecade is headquartered in Houston, Texas.

Carbon Removal Startup Carbo Culture Sets Bold Goal to Remove 1 Billion Tons of Carbon From Atmosphere by 2030

Retrieved on: 
Wednesday, April 14, 2021

b'HELSINKI, April 14, 2021 /PRNewswire/ -- Carbo Culture, a biotech startup commercialising large-scale carbon removal, has a north star vision to remove 1 billion tons (1Gt) of carbon from the atmosphere by 2030.

Key Points: 
  • b'HELSINKI, April 14, 2021 /PRNewswire/ -- Carbo Culture, a biotech startup commercialising large-scale carbon removal, has a north star vision to remove 1 billion tons (1Gt) of carbon from the atmosphere by 2030.
  • The company is preparing to commence the engineering on a technology scale-up in the coming months.\nCapturing greenhouse gases from the atmosphere in high volumes is both difficult and energy intensive.
  • However, the biosphere does this every day by using energy from the sun for photosynthesis and turning CO2 into plant matter that eventually decomposes and re-enters the atmosphere.
  • Carbo Culture has the experience, technology, passion, and palpable vision to turn this big idea into a truly impactful one.

Energy Trader Gunvor Joins Global Carbon Capture & Storage Institute

Retrieved on: 
Wednesday, April 14, 2021

b'GENEVA, April 14, 2021 /PRNewswire/ -- Gunvor Group, one of the world\'s leading physical energy commodities traders, has joined the Global Carbon Capture & Storage (CSS) Institute, an international think tank whose mission is to accelerate the deployment of carbon capture and storage, a vital technology to tackle climate change and deliver climate neutrality.

Key Points: 
  • b'GENEVA, April 14, 2021 /PRNewswire/ -- Gunvor Group, one of the world\'s leading physical energy commodities traders, has joined the Global Carbon Capture & Storage (CSS) Institute, an international think tank whose mission is to accelerate the deployment of carbon capture and storage, a vital technology to tackle climate change and deliver climate neutrality.
  • "Gunvor is committed to reducing greenhouse gas emissions across our businesses and activities, and we see investments in CCS as a key part of this.
  • "\nAs the world\'s leading CCS think tank, Global CSS Instituteis an unparalleled source of research, data and information on all aspects of CCS deployment.
  • With strategic investments in industrial infrastructurerefineries, pipelines, storage and terminalsGunvor further generates sustainable value across the global supply chain for its customers.

Energy Trader Gunvor Joins Global Carbon Capture & Storage Institute

Retrieved on: 
Wednesday, April 14, 2021

b'GENEVA, April 14, 2021 /PRNewswire/ -- Gunvor Group, one of the world\'s leading physical energy commodities traders, has joined the Global Carbon Capture & Storage (CSS) Institute, an international think tank whose mission is to accelerate the deployment of carbon capture and storage, a vital technology to tackle climate change and deliver climate neutrality.

Key Points: 
  • b'GENEVA, April 14, 2021 /PRNewswire/ -- Gunvor Group, one of the world\'s leading physical energy commodities traders, has joined the Global Carbon Capture & Storage (CSS) Institute, an international think tank whose mission is to accelerate the deployment of carbon capture and storage, a vital technology to tackle climate change and deliver climate neutrality.
  • "Gunvor is committed to reducing greenhouse gas emissions across our businesses and activities, and we see investments in CCS as a key part of this.
  • "\nAs the world\'s leading CCS think tank, Global CSS Instituteis an unparalleled source of research, data and information on all aspects of CCS deployment.
  • With strategic investments in industrial infrastructurerefineries, pipelines, storage and terminalsGunvor further generates sustainable value across the global supply chain for its customers.

Global Carbon Dioxide Global Market (2020 to 2030) - Opportunities and Strategies - ResearchAndMarkets.com

Retrieved on: 
Friday, April 9, 2021

Asia Pacific was the largest region in the global carbon dioxide market, accounting for 40.1% of the total in 2020.

Key Points: 
  • Asia Pacific was the largest region in the global carbon dioxide market, accounting for 40.1% of the total in 2020.
  • The top opportunities in the carbon dioxide market segmented by type will arise in the gas segment, which will gain $1,109.8 million of global annual sales by 2025.
  • The top opportunities in the carbon dioxide market segmented by application will arise in the beverages segment, which will gain $426.9 million of global annual sales by 2025.
  • Market-trend-based strategies for the carbon dioxide market include developing carbon dioxide separation technology, focusing on carbon capture and utilization, supplying to greenhouses, and considering mergers or the acquisition to increase market share.

BD3 CCS Facility Reaches 4 Million Tonne Milestone

Retrieved on: 
Wednesday, March 31, 2021

And now with SaskPowers ground-breaking Boundary Dam 3 CCS Facility (BD3) having captured and prevented four million tonnes (4Mt) of CO2 from entering the atmosphere, it is a milestone worth celebrating.

Key Points: 
  • And now with SaskPowers ground-breaking Boundary Dam 3 CCS Facility (BD3) having captured and prevented four million tonnes (4Mt) of CO2 from entering the atmosphere, it is a milestone worth celebrating.
  • With each year, optimization of the BD3 CCS Facility continues to help refine improvements in efficiency and cost effectiveness.
  • Brent Jacobs is the Engineering Team Leader at the International CCS Knowledge Centre and has hands-on expertise in working on the BD3 CCS facility and is an author of the Shand CCS Feasibility Study and Leigh CCS Feasibility Study.
  • The full-chain of integrated operation includes:Carbon Capture Facility; Transportation to Enhanced Oil Recovery; CO2Storage at Aquistore; Carbon Capture Test Facility; Emissions Control Research Facility.

Baker Hughes Acquires Exclusive License from SRI International for Mixed Salt Process Technology for Carbon Capture

Retrieved on: 
Monday, March 29, 2021

Baker Hughes (NYSE: BKR) announced it has entered into a global exclusive licensing agreement with SRI International to use SRIs innovative Mixed-Salt Process (MSP) for CO2 capture.

Key Points: 
  • Baker Hughes (NYSE: BKR) announced it has entered into a global exclusive licensing agreement with SRI International to use SRIs innovative Mixed-Salt Process (MSP) for CO2 capture.
  • SRI has received support from the U.S. Department of Energys Office of Fossil Energy (FE) and National Energy Technology Laboratory (NETL) in developing its MSP technology.
  • The Baker Hughes CCUS portfolio features advanced turbomachinery, solvent-based state-of-the-art capture processes, well construction and management for CO2 storage, and advanced digital monitoring solutions.
  • The Mixed Salt Process combines an efficient, post-combustion carbon capture process that uses a novel solvent formulation that relies on commodity chemicals.