CarbonQuest, the U.S.-based carbon seize and storage (CCS) supplier, and Carbfix, Europe’s main CO2 mineral storage operator have introduced a groundbreaking partnership to deal with emissions from “hard-to-abate” industries in North America.
Each firms will deploy Distributed Carbon Seize and Storage (DCCS) options, making decarbonization extra accessible and environment friendly for medium-scale emitters in the USA and Canada.
Unlocking the MOU between Carbfix and CarbonQuest
Below the Memorandum of Understanding (MOU), CarbonQuest and Carbfix will mix their experience to deal with carbon emissions and mineralization at level sources. Their joint efforts will deal with industries corresponding to manufacturing and utilities that face distinctive challenges in decreasing emissions.
Subsequently, by finding emitters close to mineralization-ready websites, the partnership will streamline the creation of onsite CCS projects for each new and current services.
Progressive Expertise on the Core
CarbonQuest’s modular DCCS know-how options compact stable sorbents that may seize CO2 in space-constrained settings. This method works seamlessly in industrial services, utility infrastructure, and campus energy era setups corresponding to Mixed Warmth and Energy (CHP) methods and gas cells. The captured CO2 is then liquefied for simple transport to mineralization websites or native companies.
On the opposite aspectCarbfix provides a transformative resolution by dissolving CO2 in water and injecting it into porous basaltic rock formations. Inside two years, the CO2 transforms into steady carbonate minerals, successfully turning it into stone.
Carbfix’s know-how is already commercially established throughout Europe. Nevertheless, by this partnership Carbfix can broaden to new places for CO2 mineralization, thereby pushing industrial development throughout North America.
Edda Aradóttir, CEO of Carbfix famous,
“Carbfix is excited to partner with CarbonQuest to advance our interest in North America. We see tremendous potential for carbon mineralization in a variety of business scenarios from co-location or mineralization hubs, and this MOU will ensure that, together, we can bring meaningful projects to reality in the U.S. and Canada,”
Shane Johnson, CEO of CarbonQuest mentioned,
“Our partnership with Carbfix will accelerate the adoption of carbon capture throughout North America,”. “Together we see numerous opportunities in both new and existing applications. Carbfix’s solution is a cost-effective and permanent way to mineralize captured CO2 even for emitters located far from a mineralization hub. This aligns with our goals to make the end-to-end CO2 capture and mineralization as local as possible.”
CarbonQuest: Capturing CO2 Via Modular Options
CarbonQuest provides a modular resolution to seize CO2 emissions from small- and medium-scale emitters earlier than they attain the environment. Their broader purpose is to assist companies obtain their GHG Protocol necessities and Science-Based mostly Targets (SBTi) whereas considerably reducing their carbon footprint. One such approach is to scale back their Scope 1 emissions.
Moreover, they combine their revolutionary carbon seize system with different sustainable options to speed up emissions reductions and enhance vitality financial savings. For instance, they join with renewable vitality sources like solar energy, vitality effectivity methods, and partial electrification to spice up the decarbonization efforts of firms.
Picture: Constructing Carbon Seize™: Discover how the built-in four-step course of works for carbon seize.
Supply: CarbonQuest
The corporate’s patented carbon seize system is scalable and adaptable beneath numerous environments, making it ideally suited for homeowners and operators of services or onsite distributed energy methods.
This is how CarbonQuest’s Sustainable CO2™ resolution helps the round financial system by turning captured carbon right into a useful resource for different industries.
Carbfix: Leveraging a Decade of Experience in CO2 Mineral Storage
Carbfix gives a pure and everlasting CO2 storage resolution by remodeling CO2 into stone underground in beneath two years. The corporate companions with companies worldwide to advertise protected, scalable carbon mineral storage by feasibility research, pilot packages, facility building, and full-scale industrial operations.
Everlasting carbon mineralizationSupply: Carbfix
A few of their key tasks are:
Silverstone Venture
Venture Silverstone is a cutting-edge initiative funded by the EU to implement full-scale CO2 seize, injection, and mineral storage at Iceland’s Hellisheði ON Energy plant. This challenge will remodel the plant into one of many world’s first geothermal energy services with a near-zero carbon footprint. By 2030, Silverstone is predicted to ship 10% of Iceland’s Local weather Motion Plan targets for vitality and industrial sectors not lined by the EU ETS.
Nesjavellir Pilot Plant
In 2023, Carbfix launched a pilot carbon seize and storage (CCS) plant on the Nesjavellir geothermal website in Iceland. Developed beneath the H2020 Geothermal Emission Management challenge, the plant began injecting CO2 and H2S into the bottom. This pilot optimized Carbfix’s seize know-how and laid the muse for future large-scale tasks.
Thus, Carbfix’s revolutionary strategy ensures everlasting and protected underground CO2 storage, contributing to world local weather restoration efforts.
By combining revolutionary options and experience, CarbonQuest and Carbfix are paving the way in which for a sustainable future whereas serving to businesses achieve net-zero emissions. All in all, this collaboration marks a vital milestone for North America’s journey towards decarbonization.