๐จNEW STUDY๐จ
โGiven the high expectations placed on #DAC for future #decarbonisation, recent study presents an extensive review of DAC tech, exploring a number of techno-economic aspects, including an updated collection of the current & planned DAC projects around the world.โ
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โA dedicated analysis focused on the production of synthetic methane, methanol, and diesel from #DAC and electrolytic hydrogen in the European Union (EU) is also performed, where the #carbonfootprint is analysed for different scenarios and energy sources.โ
2/10
The results show that โthe maximum grid carbon intensity to obtain #NegativeEmissions with #DAC is estimated at 468 gCO 2 e/kWh, which is compliant with most of the EU countriesโ current grid mix.โ
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โUsing only photovoltaics (PV) and wind, #NegativeEmissions of at least โ0.81 tCO 2 e/tCO 2 captured can be achieved.โ
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โThe maximum grid intensities allowing a reduction of the synthetic fuels carbon footprint compared with their fossil-fuels counterparts range btw 96 & 151 gCO 2 e/kWh.โ
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However, โto comply with the Renewable Energy Directive II (REDII) sustainability criteria to produce renewable fuels of non-biological origin, the maximum stays between 30.2 to 38.8 gCO 2 e/kWh.โ
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โOnly when using PV and wind is the EU average able to comply with the REDII threshold for all scenarios and fuels, with fuel emissions ranging from 19.3 to 25.8 gCO 2 e/MJ.โ
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These results highlight the โimportance of using renewable energies for the production of synthetic fuels compliant with the EU regulations that can help reduce emissions from difficult-to-decarbonise sectors.โ
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Read the paper entitled: "The Role of Direct Air Capture in EUโs Decarbonisation and Associated Carbon Intensity for Synthetic Fuels Production" here โฌ๏ธ econpapers.repec.org/article/gamjenโฆ
๐ฐ Here's your round-up of top #CarbonDioxideRemoval News / Developments from this week (๐ญ๐ฒ ๐ฆ๐ฒ๐ฝ๐๐ฒ๐บ๐ฏ๐ฒ๐ฟ - ๐ฎ๐ฎ ๐ฆ๐ฒ๐ฝ๐๐ฒ๐บ๐ฏ๐ฒ๐ฟ ๐ฎ๐ฌ๐ฎ๐ฐ):
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๐งต0/24
Frontier has facilitated $4.5M of CDR prepurchases from 9 companiesโAlithic, Alt Carbon, Anvil, Capture6, Exterra Carbon Solutions, Flux, NULIFE, Planeteers, and Silicaโon behalf of buyers Stripe, Shopify, Alphabet, H&M Group & Match (via Watershed).
Here's a list of what's coming up this week (๐ญ๐ณ ๐ฆ๐ฒ๐ฝ๐๐ฒ๐บ๐ฏ๐ฒ๐ฟ - ๐ฎ๐ฏ ๐ฆ๐ฒ๐ฝ๐๐ฒ๐บ๐ฏ๐ฒ๐ฟ ๐ฎ๐ฌ๐ฎ๐ฐ) in the field of #CarbonDioxideRemoval
๐ฐ Here's your round-up of top #CarbonDioxideRemoval News / Developments from this week (๐ฌ๐ต ๐ฆ๐ฒ๐ฝ๐๐ฒ๐บ๐ฏ๐ฒ๐ฟ - ๐ญ๐ฑ ๐ฆ๐ฒ๐ฝ๐๐ฒ๐บ๐ฏ๐ฒ๐ฟ ๐ฎ๐ฌ๐ฎ๐ฐ):
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๐งต0/23
@Google announced an agreement with Direct Air Capture technology company @holoceneclimate for the delivery of 100,000 tons of carbon removal credits, with the deal marking the lowest-ever price on record for DAC-based removal, at $100 per ton.
๐ฐ Here's your round-up of top #CarbonDioxideRemoval News / Developments from this week (๐ฌ๐ฎ ๐ฆ๐ฒ๐ฝ๐๐ฒ๐บ๐ฏ๐ฒ๐ฟ - ๐ฌ๐ด ๐ฆ๐ฒ๐ฝ๐๐ฒ๐บ๐ฏ๐ฒ๐ฟ ๐ฎ๐ฌ๐ฎ๐ฐ):
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๐งต0/23
Dutch DAC startup @carbyon closed โฌ15.3M Series A investment to demonstrate its fast-swing Direct Air Capture technology at full scale.
@CarbonxClimate, the leading Permanent Carbon Removal Manager announced the closing of a new oversubscribed investment round, with the participation of Redstone, VR Ventures, Engie New Ventures and PROfounders.
๐ฐ Here's your round-up of top #CarbonDioxideRemoval News / Developments from this week (๐ฎ๐ฒ ๐๐๐ด๐๐๐ - ๐ฌ๐ญ ๐ฆ๐ฒ๐ฝ๐๐ฒ๐บ๐ฏ๐ฒ๐ฟ ๐ฎ๐ฌ๐ฎ๐ฐ):
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๐งต0/10
@TotalEnergies has signed a $100 million agreement with Anew Climate and Aurora Sustainable Lands to preserve sustainable carbon sinks.
Enhanced rock weathering startup @EionCarbon is set to receive an investment from the @Exelon Climate Change Investment Initiative (2c2i). Exelon is the largest utility company in the U.S.
๐ฐ Here's your round-up of top #CarbonDioxideRemoval News / Developments from this week (๐ญ๐ฎ ๐๐๐ด๐๐๐ - ๐ญ๐ด ๐๐๐ด๐๐๐ ๐ฎ๐ฌ๐ฎ๐ฐ):
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๐งต0/17
The World Bank has issued a $225 million Amazon Reforestation-Linked Bond through the International Bank for Reconstruction and Development (IBRD) for Amazon reforestation and carbon removal.
Canada Growth Fund Inc (CGF) has announced a significant investment of up to $100 million in @svantesolutions, a leading global provider of carbon capture and removal solutions.