The pioneering Swiss carbon capture company Climeworks has begun construction of its latest – and largest – direct air capture and storage plant, which has put it on track to provide “multi-megaton capacity by 2030,” the company announced yesterday.
The facility in Iceland, dubbed “Mammoth”, is the 18th Climeworks project and its second commercial direct air capture and storage facility.
It is designed with a nominal CO2 capture capacity of 36,000 tons per year at full operation.
Last September, Climeworks has started work on its “Orca” the plant, which is also located in Iceland and has become the world’s first commercial direct carbon capture facility from the air.
The company said the Mammoth plant would be an order of magnitude larger than Orca, and represents a “demonstration step” forward in its ambitious expansion plans.
“With Mammoth, we can use our ability to quickly multiply our modular technology and significantly scale our operations,” said Ian Wurzbacher, co-founder and co-CEO of Climeworks. “We’re building a foundation for climate-dependent gigaton power, and we’re starting to deploy now to stay on track.”
In April, the company completed a $ 650 million round of shares that it said will be used to introduce large modular direct air capture and storage facilities, invest in technological development and develop its organization globally.
“Based on the most successful build-up curves, achieving a gigaton by 2050 means delivering on a multi-megaton scale by 2030,” said Christophe Gebald, co-founder and co-CEO of the company. “No one has ever built what we build in DAC, and we are both humble and realistic, that the surest way to succeed is to launch real-world technology as quickly as possible. Our fast deployment cycles will allow us to have the most reliable operations on a multi-megaton scale. ».
Construction of the new project is expected to take 18 to 24 months before commissioning, and Carbfix – CO2 storage partner Climeworks – will provide permanent underground carbon storage.
The Hellisheiði power plant, which is managed by ON Power, will provide the Climeworks Mammoth plant and CO2 Carbfix injection sites with renewable energy sources to start the whole process of direct air capture and storage.
https://www.businessgreen.com/news/4051951/mammoth-climeworks-breaks-ground-direct-air-capture-storage-plant ‘Mammoth’: Climeworks opens a new direct air intake and storage unit