Business Daily Media

Men's Weekly

.

Carbyon finds missing piece of the puzzle: ultra-fast carbon capture process proven with an energy demand below 2,500 kWh/ton

  • Written by PR Newswire

EINDHOVEN, Netherlands, Nov. 28, 2023 /PRNewswire/ -- Dutch Direct Air Capture (DAC) company Carbyon has successfully proven that their unique fast-swing process is able to capture CO2 using less than 2,500 kWh/ton. Carbyon was the world's first to drastically reduce the CAPEX costs of DAC equipment using their fast-swing process. The company has now found the missing piece to also sufficiently lower the energy consumption, making this breakthrough a giant leap towards a cost-effective DAC technology below $100/ton.

Carbyon finds missing piece of the puzzle: ultra-fast carbon capture process proven with an energy demand below 2,500 kWh/ton Hans De Neve (CEO and founder) looking into Carbyon’s CO2 capturing prototype: “Our relentless stare-down with Mother Nature’s laws of physics finally gave us the insights into how to solve the puzzle.” Carbyon is the first Direct Air Capture company to merge low CAPEX with low energy demand, thanks to their unique fast-swing process. Photo by Bart van Overbeeke Photography

In its pursuit for a low-cost DAC solution, Carbyon invented an ultra-fast CO2 capturing material. Where conventional materials need hours to capture CO2 from air, Carbyon's can do the same in only a few minutes. In this way, each kilogram of their material captures up to 5 ton of CO2 annually. This allows for compact DAC machine design, resulting in a CAPEX cost below $50/ton. Initially the fast-swing process suffered from collateral water adsorption, introducing an energy penalty. The recent breakthrough discovery massively reduces water uptake, resulting in an energy demand below 2,500 kWh/ton, while preserving their CAPEX benefits.

Carbyon is the first Direct Air Capture company to merge low CAPEX with low energy demand, thanks to their unique fast-swing process.

In light of the COP28 in Dubai, breakthroughs like these show that Direct Air Capture is becoming a mature solution that can help to meet our climate targets. To limit global warming to 2°C, the IPCC scenarios show that besides the necessary emission reductions, also vast amounts of CO2 need to be removed from the atmosphere. Direct Air Capture is marked as one of the important technologies that can enable fast and durable CO2 removal.

"Demonstrating 2.500 kWh/ton with an all-electric, low-CAPEX technology puts Carbyon in pole position to reach the $100/ton target the market is looking for. Nothing can stop us now!" – Hans De Neve, founder and CEO of Carbyon

Carbyon's breakthrough led to fundamental understanding of working principles empowering them in their mission to even further reduce the technology's energy demand. The company is rapidly growing and is currently developing their first engineering-scale machine, that will be validated in the field with pilot partners. So far, the company has raised $10M and is currently raising a Series A round to finance upcoming activities.

Read more https://www.prnasia.com/story/archive/4278159_AE78159_0

Sleep Soundly, Knowing Your People Are Paid Right: Navigating the Complexities of Modern Payroll

The Role of Modern Payroll Modern payroll systems are essential to any organization's financial infrastructure in today's rapidly evolving business...

Tariffs for dummies: Getting to grips with the business of exporting goods and services

It pays to understand how the international taxation system works before you start selling abroad. Take a glance at the business news just now an...

Deputy Unveils Enterprise-Grade Analytics+ to Power Smarter Workforce Decisions for Shift-Based Businesses

Deputy, the world’s leading workforce management platform for shift work, today announced the global launch of Deputy Analytics+, a next-generatio...

UNSW startup accelerator offers $200K to the next generation of Australian deeptech unicorns

UNSW Founders, Australia’s most recommended startup accelerator, has partnered with fund manager Luminary Partners to invest $200,000 each into 18...

The Future Is Now: AI Modernization Is Reshaping How Business Gets Done

The present business environment imposes stronger requirements on Australian organizations to match the fast-paced digital-first economy requireme...

Businesses losing an average of $493k from data integrity flaws

Managing data responsibly and effectively for the AI age can give organisations a strong competitive advantage, but many are failing to harness th...

Sell by LayBy