Rendering of CE’s air contactor design. This unit would be one of several that would collectively capture 1M tons of CO2 per year.
Carbon Engineering: Pioneering Direct Air Capture of CO2
The transportation sector of 2050 will run on an energy mix unlike that of today. Operators are demanding increasing quantities of low-carbon energy sources and renewable fuels, and the sector is searching for next-generation technologies that will enable compliance with emissions reduction targets. Carbon Engineering Ltd. (CE) is a Canadian-based clean energy company that has developed a technology that can help address these growing needs. CE’s Direct Air Capture (DAC) technology enables CO₂ to be pulled out of the atmosphere at large scale and then permanently stored underground or used to manufacture fuels and other products. This technology provides a marketbased solution that can meet the demands of existing industries, while simultaneously decarbonizing the economy. CE was founded in 2009 by Professor David Keith, who raised seed capital from a small group of investors, including Bill Gates. Since inception, CE’s mission has been to develop and engineer a system that could be brought to market affordably and at industrial scale, so it could play a mainstream role in cutting emissions and producing clean energy. In 2015, CE built a proof of concept pilot plant in Squamish, British Columbia, that can capture one ton of CO₂ per day. Today, CE is progressing the engineering for commercial-scale DAC facilities that can be built to capture 1 million tons of CO₂ per year at levelized costs
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Manitoba Oil & Gas Review 2020
