Capsol Technologies, a Norway-based company, has recently secured two new paid carbon capture studies testing the feasibility of its end-of-pipe CO2 capture technology. These studies will be conducted at two major cement plants located in the European Union.
The primary objective of these studies is to analyze the potential of capturing over 1.5 million tonnes of carbon dioxide emissions annually. Capsol’s carbon capture technology aims to reduce CO2 emissions and help mitigate the negative environmental impacts caused by industries such as cement production.
The end-of-pipe carbon capture studies will take place at two cement factories that belong to an undisclosed proprietor who has reported a total of over 20 million tonnes of CO2 emissions in 2022.
The cement industry is a major contributor to global greenhouse gas emissions, with estimates by the International Energy Agency suggesting that it could account for more than 300 million tonnes of captured CO2 by 2030. Capsol Technologies’ carbon capture know-how provides a promising approach to address this issue and reduce the industry’s carbon footprint.
This project marks the company’s third and fourth engineering carbon capture study for the cement industry and is part of their larger portfolio of nine cement projects. The company estimates that these projects have the potential to capture around 10 million tonnes of CO2 per year.
The company has received a positive response from the industry, indicating that its proprietary technology, CapsolEoP, offers significant competitive advantages for the cement industry. According to Jan Kielland, CEO of Capsol, CapsolEoP can reduce energy consumption by over 50% compared to other technologies, resulting in 25% lower costs per tonne of CO2 captured.
Kielland also expressed his satisfaction with the increasing number of requests for sales and engineering research projects, which is evident through the recent approval of the carbon capture studies.
This approval marks an important step for Capsol as it seeks to contribute significantly to the path towards achieving net zero emissions in the cement industry.