Carbfix and CarbonQuest Unite to Revolutionize Carbon Capture in North America
CarbonQuest, the U.S.-based carbon capture and storage (CCS) provider, and Carbfix, Europe’s leading CO2 mineral storage operator have announced a groundbreaking partnership to tackle emissions from “hard-to-abate” industries in North America.
Both companies will deploy Distributed Carbon Capture and Storage (DCCS) solutions, making decarbonization more accessible and efficient for medium-scale emitters in the United States and Canada.
Unlocking the MOU between Carbfix and CarbonQuest
Under the Memorandum of Understanding (MOU), CarbonQuest and Carbfix will combine their expertise to address carbon emissions and mineralization at point sources. Their joint efforts will focus on industries such as manufacturing and utilities that face unique challenges in reducing emissions.
Subsequently, by locating emitters near mineralization-ready sites, the partnership will streamline the creation of onsite CCS projects for both new and existing facilities.
Innovative Technology at the Core
CarbonQuest’s modular DCCS technology features compact solid sorbents that can capture CO2 in space-constrained settings. This system works seamlessly in industrial facilities, utility infrastructure, and campus power generation setups such as Combined Heat and Power (CHP) systems and fuel cells. The captured CO2 is then liquefied for easy transport to mineralization sites or local businesses.
On the other side, Carbfix offers a transformative solution by dissolving CO2 in water and injecting it into porous basaltic rock formations. Within two years, the CO2 transforms into stable carbonate minerals, effectively turning it into stone.
Carbfix’s technology is already commercially established across Europe. However, through this partnership Carbfix can expand to new locations for CO2 mineralization, thereby pushing commercial growth across North America.
Edda Aradóttir, CEO of Carbfix noted,
“Carbfix is excited to partner with CarbonQuest to advance our interest in North America. We see tremendous potential for carbon mineralization in a variety of business scenarios from co-location or mineralization hubs, and this MOU will ensure that, together, we can bring meaningful projects to reality in the U.S. and Canada,”
Shane Johnson, CEO of CarbonQuest said,
“Our partnership with Carbfix will accelerate the adoption of carbon capture throughout North America,”. “Together we see numerous opportunities in both new and existing applications. Carbfix’s solution is a cost-effective and permanent way to mineralize captured CO2 even for emitters located far from a mineralization hub. This aligns with our goals to make the end-to-end CO2 capture and mineralization as local as possible.”
CarbonQuest: Capturing CO2 Through Modular Solutions
CarbonQuest offers a modular solution to capture CO2 emissions from small- and medium-scale emitters before they reach the atmosphere. Their broader goal is to help businesses achieve their GHG Protocol requirements and Science-Based Targets (SBTi) while significantly lowering their carbon footprint. One such way is to reduce their Scope 1 emissions.
Furthermore, they integrate their innovative carbon capture system with other sustainable solutions to accelerate emissions reductions and improve energy savings. For example, they connect with renewable energy sources like solar power, energy efficiency systems, and partial electrification to boost the decarbonization efforts of companies.
Image: Building Carbon Capture
: Explore how the integrated four-step process works for carbon capture.
Source: CarbonQuest
The company’s patented carbon capture system is scalable and adaptable under various environments, making it ideal for owners and operators of facilities or onsite distributed power systems.
This is how CarbonQuest’s Sustainable CO2 solution supports the circular economy by turning captured carbon into a resource for other industries.
Carbfix: Leveraging a Decade of Expertise in CO2 Mineral Storage
Carbfix provides a natural and permanent CO2 storage solution by transforming CO2 into stone underground in under two years. The company partners with businesses worldwide to promote safe, scalable carbon mineral storage through feasibility studies, pilot programs, facility construction, and full-scale commercial operations.
Permanent carbon mineralization
Source: Carbfix
Some of their key projects are:
Silverstone Project
Project Silverstone is a cutting-edge initiative funded by the EU to implement full-scale CO2 capture, injection, and mineral storage at Iceland’s Hellisheði ON Power plant. This project will transform the plant into one of the world’s first geothermal power facilities with a near-zero carbon footprint. By 2030, Silverstone is expected to deliver 10% of Iceland’s Climate Action Plan targets for energy and industrial sectors not covered by the EU ETS.
Nesjavellir Pilot Plant
In 2023, Carbfix launched a pilot carbon capture and storage (CCS) plant at the Nesjavellir geothermal site in Iceland. Developed under the H2020 Geothermal Emission Control project, the plant started injecting CO2 and H2S into the ground. This pilot optimized Carbfix’s capture technology and laid the foundation for future large-scale projects.
Thus, Carbfix’s innovative approach ensures permanent and safe underground CO2 storage, contributing to global climate recovery efforts.
By combining innovative solutions and expertise, CarbonQuest and Carbfix are paving the way for a sustainable future while helping businesses achieve net-zero emissions. All in all, this collaboration marks a crucial milestone for North America’s journey toward decarbonization.
The post Carbfix and CarbonQuest Unite to Revolutionize Carbon Capture in North America appeared first on Carbon Credits.
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