Deep Sky And Svante Partner To Study Carbon Storage Feasibility In Canada

Deep Sky And Svante Partner To Study Carbon Storage Feasibility In Canada - Carbon Herald

Canada’s leading carbon removal project developer, Deep Sky, has joined forces with carbon capture and removal solutions provider Svante Technologies Inc. (Svante) to evaluate the feasibility of sequestering CO2 in Southern Quebec.

Together, the companies will fund research to study the ability to capture, transport and store CO2. The duo has engaged carbon management consulting firm Sproule to complete the geological subsurface research.

Deep Sky is working to build large-scale carbon removal and storage infrastructure in Canada. As a project developer, the company is bringing together the most promising carbon dioxide removal technologies to commercialize solutions at scale.

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This news marks Deep Sky’s first partnership to evaluate the feasibility of permanent CO2 storage in the St. Lawrence River Valley in Quebec to enable rapid and widespread roll-out of this essential climate solution.

Svante has pioneered novel carbon capture and removal technology, which employs what it calls structured adsorbent beds, known as ‘’filters.’’ The filters are coated with nanoengineered solid adsorbent materials and can be used to capture CO2 from hard-to-abate industrial emissions that come from the production of pulp & paper, cement, hydrogen, and more. The technology can also be used for Direct Air Capture (DAC), in which CO2, that is already in low concentration in the atmosphere, is trapped and removed from ambient air.

“Canada is on track to become the world leader in carbon removal. We believe that collaboration is needed amongst climate solution players to create meaningful change quickly,” said Fred Lalonde, Co-Founder of Deep Sky. “By combining Deep Sky’s project development expertise with Svante’s ready-to-deploy technology and Sproule’s geology research, we can drive down greenhouse gas emissions and deliver carbon credits to the market at hyper speed.”

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‘’Carbon capture and removal is one of the key pillars of the energy transition 2.0. For DAC to succeed, it will be critical to find geographical locations that have substantial and safe storage potential, and that are able to provide abundant and affordable renewable energy. These sites must also be able to meet the specific climatic requirements of different technological solutions. We believe Quebec meets these criteria and is poised to become a leader in a new high-growth industry to deploy carbon management solutions. We can leverage the region’s vast renewables and hydroelectric energy needed to safely trap and store CO2 in deep underground saline aquifers,’’ said Claude Letourneau, President & CEO of Svante.

Carbon dioxide removal technologies are essential to delivering the “net” in net zero. These CDR technologies will provide a balance to anthropogenic emissions that are hard to reduce as well as reverse the buildup of historic emissions that are already present in the atmosphere.

Flush with natural resources, Quebec is a region with an abundance of hydroelectric power, immense wind power potential and a vast territory with the ideal geological makeup required for carbon dioxide removal.

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