Climeworks and Northern Lights explore direct air capture project
Companies have agreed to investigate building full-chain CO<sub>2</sub> removal and storage in Norway
Climeworks and Northern Lights are jointly investigating the construction of a full-chain CO2 removal and storage project in Norway. The negative-emissions project could provide a solution for companies in non-industrial sectors to become carbon neutral or even carbon negative. Switzerland-based Climeworks specialises in supplying direct air capture technology combined with permanent CO2 storage. Its technology runs on renewable energy and waste heat and the modular design of its collectors means they can be stacked to almost any scale. Its technology can reach a net CO2 removal efficiency of more than 90pc, taking into account full life-cycle emissions, according to the company. “Comb
Also in this section
25 April 2024
Carbon capture rates forecast to rise steadily from end of decade, but policy tools to drive large-scale deployment have yet to take shape, according to DNV
23 April 2024
Europe must unlock cross-border CO₂ trade if it wants to build a viable CCS sector for the long term
16 April 2024
US and European oil majors snap up smaller players and look to accelerate development in a region deemed to possess all the key elements for successful CCUS deployment
15 April 2024
Demand for credits seen rising 20% this year despite issues around integrity and standardisation