Ørsted begins construction of Denmark’s first carbon capture project

Ørsted is embarking on the construction of two carbon capture (CCS) facilities designed to capture and store carbon emissions from the woodchip-fired Asnæs Power Station in Kalundborg and the straw-fired unit at Avedøre Power Station in Greater Copenhagen. This project represents Denmark’s first full-scale carbon capture project and signals the dawn of a new era for carbon capture and storage in the country. It is expected that the carbon capture project, which was awarded a 20-year contract by the Danish Energy Agency in May 2023, will capture 430,000 tonnes of biogenic…

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Carbon capture in the steel industry: ArcelorMittal, Mitsubishi Heavy Industries Engineering, BHP and Mitsubishi Development sign collaboration agreement

ArcelorMittal, and mining company, Mitsubishi Heavy Industries Engineering (MHIENG), a pioneer in carbon capture technology, leading global resources company, BHP, along with Mitsubishi Development Pty Ltd are collaborating on a multi-year trial of MHIENG’s carbon capture technology with ArcelorMittal, following the signing of a funding agreement between the parties. The companies will also conduct a feasibility and design study to support progress to full scale deployment. The agreement, which involves a trial at ArcelorMittal’s steel plant in Gent, Belgium and another site in North America, brings together the expertise of…

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Drax submits plans to build world’s largest carbon capture and storage project

Renewable energy company Drax has submitted plans to build the world’s largest carbon capture facility at its North Yorkshire power station. The company plans to invest £2bn in the 2020s in its plans to develop two bioenergy with carbon capture and storage (BECCS) units, creating and supporting thousands of jobs in the North and enabling the UK to lead the world in a vital new technology needed to address the climate crisis. Work to build BECCS at Drax could start as soon as 2024 and once operational the two units…

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Carbon Clean raises $150m in record carbon capture funding round

Carbon Clean, has closed the largest ever equity funding round for a point source carbon capture company, taking a major step towards its goal of delivering industrial decarbonisation on a gigatonne scale by the mid-2030s. Carbon Clean has raised U.S. $150m from existing investor Chevron, who led the round, alongside CEMEX Ventures, Marubeni Corporation and WAVE Equity Partners and new investors, AXA IM Alts, Samsung Ventures, Saudi Aramco Energy Ventures and TC Energy. To date, Carbon Clean has raised $195m, having closed its $30m Series B investment round in August…

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Veolia Carbon Clean joint venture announces carbon capture milestone

Veolia Carbon Clean – a joint venture between Carbon Clean, a leader in cost-effective carbon capture solutions, and Veolia, the global leader for optimised resource management – is celebrating its first project milestone and revealing a new corporate identity.  The joint venture is committed to reducing industrial carbon dioxide emissions and helping India achieve its climate goals through the development of a series of carbon capture and compressed biogas (CBG) projects. The joint venture’s first project milestone is a two-year contract with Tata Steel for the operation and maintenance of…

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