The University of Texas at Austin (UT Austin) is collaborating with Honeywell to further develop commercial carbon recapture technologies. The current carbon recapture technology used by UT Austin is a solvent-based solution that enables carbon to be captured at a low cost through highly efficient equipment that is smaller than what is typically used.
UT Austin's research has stated that applying its carbon recapture technology to a typically 650 MW power plant results in the capture of roughly 3.4 million tons of CO2 per year. This is the direct equivalent to the emissions from 735,000 cars that drive daily. Through this collaboration with Honeywell, this patented solvent-based carbon recapture technology will be made commercially available and applicable in more factories across the state. While this technology is quite effective at dealing with power plants, UT Austin and Honeywell believe that more industries must be targeted in order to create a sustainable future, such as transportation, food production, or architecture development.
Solvent-Based Carbon Recapturers
UT Austin and Honeywell Will Commercialize Carbon Recapture Tech
Trend Themes
1. Solvent-based Carbon Recapture - Developing solvent-based carbon recapture technologies is an opportunity for creating impactful solutions for power plants and other high-emission industries.
2. Efficient Carbon Capture Equipment - Efficient carbon capture equipment development presents an opportunity for companies to provide low-cost solutions to reduce a factory’s carbon footprint.
3. Expansion of Carbon Recapture Technology - Expanding the use of carbon recapture technology beyond power plants to other industries like transportation and food production presents significant opportunities to reduce carbon emissions.
Industry Implications
1. Power Generation - Developing solvent-based carbon recapture technologies and efficient equipment can disrupt the power generation industry by reducing greenhouse gas emissions.
2. Manufacturing - Efficient carbon capture equipment development provides opportunities for reducing greenhouse gas emissions in the manufacturing industry.
3. Transportation - Expanding the use of carbon recapture technology in the transportation industry can greatly reduce emissions from vehicles and promote a sustainable future.