3/28/2024 0 Comments Carbon capture technology companyEach module can capture two tonnes of CO2 a year.Ĭooper said: “This is a quintessential Australian solution because not everyone has the land area that also has the intensity of solar energy that we have.” The business development manager and co-founder at Southern Green Gas, Brett Cooper, believed the contract to deliver the emissions reductions using DAC was a first in Australia. Southern Green Gas has developed the machines in partnership with the University of Sydney, and will build and deliver them to AspiraDAC. He said the carbon removal off-take agreement with Frontier was likely to be the first of several that AspiraDAC would deliver. “This is the start of what could be a significant industry.” “We really think this is a launch moment for direct air capture in Australia,” Turecek said. He said the company had not confirmed the location or the geological storage for the site, but confirmed depleted oil and gas reservoirs at Moomba, in South Australia, were being considered. The executive director of AspiraDAC, Julian Turecek, said up to 180 modules would be needed to fulfil the contract and these would cover an area of less than half a hectare. In the first major purchase under the venture, technology company Stripe, one of the partners in Frontier, announced this week it was spending US$2.4m (AU$3.5m) on six direct air capture projects around the world, including AspiraDAC. In April several major corporates, including the owners of Facebook and Google, announced a new venture called Frontier that would commit US$925m (AU$1,359) to projects that pull CO2 from the air and then store it.
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