Published by Todd Bush on October 6, 2023
OSLO, Norway, Oct. 6, 2023 /PRNewswire/ -- Aker Carbon Capture has been awarded a feasibility study to implement carbon capture for mineral production facilities in the U.S. Midwest. The combined planned capture capacity will be approximately 1.5 million tonnes CO2 per year, based on Aker Carbon Capture's Big Catch concept.
The feasibility study will develop a design and cost basis for Big Catch CO2 capture and conditioning facilities. Big Catch facilities are fully integrated into the emitting production facility and include both advanced heat integration, and downstream integration, enabling record low energy consumption by making it possible to reuse energy along the value chain.
"We are excited to be working on this decarbonization project, which represents a significant step in our strategy to expand into the North American market. We are scaling up to meet the growing demand for carbon capture, utilization and storage (CCUS) in North America, fueled by strong support from the U.S. Government. New funding provided by the Infrastructure Investment and Jobs Act, and favorable CCUS tax credit changes introduced by the Inflation Reduction Act, have incentivized the deployment of CCUS substantially," said Jonah Margulis, Head of North America at Aker Carbon Capture.
North America is one of the leading regions for CCUS development globally, both with respect to announced projects under development and current operational capacity. According to Rystad Energy, by 2030, the total volume of CO2 captured could reach 200 million tonnes per year in this market.
"This is the third study awarded to Aker Carbon Capture in the United States this year, bringing our total CO2 emissions under study contracts to above 3 million tonnes CO2 per year in this market. We will continue to build on this momentum as part of our entry into North America," said Margulis.
Aker Carbon Capture is currently delivering seven carbon capture units in Europe, with an accumulated capture capacity of 1 million tonnes CO2.
>>Read more about Aker Carbon Capture here
SOURCE Aker Carbon Capture AS
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside the Issue π Global Leaders Converge in Edmonton September 23-25 for Carbon Capture Canada as Federal Government Expected to Boost Industrial Carbon Pricing in Fall 2025 βοΈ Delta Partners Wi...
Inside This Issue π EPA Releases Proposal to End the Burdensome, Costly Greenhouse Gas Reporting Program, Saving up to $2.4 Billion π California to Extend Cap-and-trade Program Aimed at Advancing ...
Inside this Issue βοΈ CORSIA Transforms Aviation Compliance Into Market Gold Rush π IEA Cuts 2030 Low-emissions Hydrogen Production Outlook by Nearly a Quarter π€ GenH2 Executive Chairman Josh McMor...
More than 5,000 attendees are expected at Canadaβs national Carbon Capture, Utilization and Storage (CCUS) convention to address industry opportunities in the sector from geopolitical advantage to ...
1PointFive and NYK Announce Carbon Removal Agreement
Second NYK transaction continues to build momentum for Direct Air Capture as a solution for the maritime sector HOUSTON, Sept. 17, 2025 (GLOBE NEWSWIRE) -- 1PointFive, a carbon capture, utilizatio...
Led by cornerstone investors Alaska Airlines, American Airlines, with International Airlines Group (IAG), Cathay Pacific, and Japan Airlines from oneworld alliance, and Singapore Airlines as part o...
Eaton to Showcase Technologies for Hydrogen-Powered Commercial Vehicles at IAA Transportation 2024
HANOVER, Germany--(BUSINESS WIRE)--Intelligent power management company Eaton announced it will showcase a broad range of innovative solutions for hydrogen-powered commercial vehicles September 17β...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.