This Plant Reduces the Cost of Converting CO2 Into Purified Gas
Rahul Kalvapalle — June 11, 2018 — Eco
References: carbonengineering & news.harvard.edu
A Canadian company by the name of Carbon Engineering has unveiled plans for an innovative and high-tech air capture plant that is designed to be capable of sucking carbon dioxide out of the air in order to help reduce pollution and environmental harms.
So-called direct air capture technology is not entirely new as a concept, however most concepts have failed to see reality due to the exorbitant costs associated with setting up one of these facilities. This is what makes the Carbon Engineering air capture system so unique. Its pilot plant has proven that such plants can be operated at costs that are below $100 per metric ton of carbon dioxide, which is considered economically feasible.
By converting carbon dioxide into purified gas, this air capture plants and others like it will be able to enable the transportation sector to reduce emissions at a reasonable cost.
So-called direct air capture technology is not entirely new as a concept, however most concepts have failed to see reality due to the exorbitant costs associated with setting up one of these facilities. This is what makes the Carbon Engineering air capture system so unique. Its pilot plant has proven that such plants can be operated at costs that are below $100 per metric ton of carbon dioxide, which is considered economically feasible.
By converting carbon dioxide into purified gas, this air capture plants and others like it will be able to enable the transportation sector to reduce emissions at a reasonable cost.
Trend Themes
1. Low-cost Air Capture - This trend presents an opportunity for startups to create cost-effective air capture plants that can reduce pollution and environmental harms.
2. Direct Air Capture Technology - This trend provides an opportunity for companies to develop innovative technologies that can efficiently and economically suck carbon dioxide out of the air.
3. Purified Gas Conversion - This trend offers a chance for companies to explore technologies that convert carbon dioxide into purified gas, enabling the transportation sector to reduce emissions at a reasonable cost.
Industry Implications
1. Clean Energy - This industry can benefit from developing and implementing low-cost air capture plants, contributing to the reduction of pollution and environmental harms.
2. Environmental Technology - This industry can tap into the growing demand for efficient and cost-effective direct air capture technology, potentially revolutionizing the way carbon dioxide is removed from the air.
3. Transportation - This industry has a disruptive innovation opportunity in adopting purified gas conversion technologies that reduce emissions at a reasonable cost, promoting sustainable transportation practices.
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