Connection

popular articles

The Czech Republic Ends Its Dependence on Russian Oil
Iran’s Nuclear Program: Acceleration and Geopolitical Challenges
Renewable energy dominates Dutch electricity production in 2024
Jupiter Power boosts ERCOT network with 400MWh of storage in Houston
Harmony Energy successfully activates 35 MW / 70 MWh Rusholme site

Black & Veatch selects 6 startups for its CO2 removal program

Black & Veatch has selected six startups for its IgniteX program, aimed at developing carbon dioxide removal technologies.
Black & Veatch sélectionne 6 startups pour son programme de retrait du CO2.

Please share:

Black & Veatch, a global engineering and construction consultancy, reinforces its commitment to decarbonization by selecting six startups for its IgniteX Carbon Dioxide Removal Accelerator program. This twelve-week program is designed to support emerging companies developing carbon dioxide (CO2) removal technologies. Participants will benefit from access to Black & Veatch experts to co-develop, pilot and market their technologies. In addition to mentoring, startups will have the opportunity to test their products, receive pitch development advice and meet potential investors.

Selected Startups

The six startups selected for the 2024 program are :

  • 1. **Aeon Blue**: Uses seawater and renewable energy to produce an alternative fuel while capturing and storing CO2 from the air.
  • 2. **Ebb Carbon**: Develops a marine CO2 removal solution using electrochemical technology.
  • 3. **Elysia**: uses nanomaterials to remove CO2, with materials capable of processing large quantities of air quickly and at low cost.
  • 4. **Heimdal**: Designs machines using mineral sorbents to capture and store atmospheric CO2.
  • 5. **Holocene**: Develops direct air capture (DAC) technology with low-temperature liquid and continuous systems.
  • 6. **Parallel Carbon**: Uses renewable energy for integrated DAC and water electrolysis processes to reduce costs and maximize value.

Partnerships and Support

Black & Veatch works with RTI International, an independent research institute, to provide technical and commercial support to participants. In 2023, Black & Veatch was recognized by the U.S. Department of Energy’s Office of Fossil Energy and Carbon Management as one of thirteen semi-finalists for a total of $1.3 million in funding for commercialization programs supporting direct air capture (DAC) technologies.

Impact and outlook

The BV IgniteX program is designed to provide up to $35,000 in non-dilutive grants and in-kind services, with potential equity investments of $50,000 to $100,000. Over the past five years, Black & Veatch has collaborated with over forty companies and invested over two million dollars in grants, investments and in-kind services. These initiatives underline Black & Veatch’s commitment to supporting advanced technological solutions in the field of decarbonization. The selected startups bring promising solutions which, if scaled up, could have a significant impact on the CO2 removal technology market.

Register free of charge for uninterrupted access.

Publicite

Latest news

Record-breaking 1.7 GW of US Community Solar Installed in 2024
Launch of the 100 MW Bramley Energy Storage Project in the UK
Hyvia, Renault’s hydrogen joint venture, placed in liquidation
Growth of the Lithium-Ion Battery Recycling Market: A Report from Deloitte and CAS Analyzes Key Trends
Orano envisages a long and uncertain restart for its uranium mine in Niger

Recently published in

First CO₂ Injection Test for Storage in the North Sea ##

Perenco and its partners launch the first UK test for CO₂ injection into a depleted gas reservoir in the North Sea. This experimental phase aims to provide crucial data for the long-term geological storage of CO₂. ##
Captura launches a direct ocean capture pilot plant in Hawaii
Captura, in collaboration with Equinor, has commissioned a new pilot facility in Kona, Hawaii, capable of capturing 1,000 tons of CO₂ per year. This milestone marks a key step toward the large-scale deployment of Direct Ocean Capture (DOC) technology.
en_1140290959540-5
Captura launches a direct ocean capture pilot plant in Hawaii
Captura, in collaboration with Equinor, has commissioned a new pilot facility in Kona, Hawaii, capable of capturing 1,000 tons of CO₂ per year. This milestone marks a key step toward the large-scale deployment of Direct Ocean Capture (DOC) technology.
en_1140290959540-5
Lydian accelerates innovation with a CO2-based sustainable aviation fuel technology demonstration
Lydian takes a strategic step forward by demonstrating a technology that uses captured CO2 and renewable electricity to produce sustainable aviation fuel, addressing both civil market demands and critical military needs.
en_1140290974540
Lydian accelerates innovation with a CO2-based sustainable aviation fuel technology demonstration
Lydian takes a strategic step forward by demonstrating a technology that uses captured CO2 and renewable electricity to produce sustainable aviation fuel, addressing both civil market demands and critical military needs.
en_1140290974540
New Equations to Manage Biomass and Accelerate Mopane Decarbonization
A study published in Scientific Reports reveals new allometric equations dedicated to Colophospermum mopane. These models aim to better manage biomass and encourage decarbonization practices for economic players in the forestry sector.
en_1140290968540
New Equations to Manage Biomass and Accelerate Mopane Decarbonization
A study published in Scientific Reports reveals new allometric equations dedicated to Colophospermum mopane. These models aim to better manage biomass and encourage decarbonization practices for economic players in the forestry sector.
en_1140290968540

In India, carbon removal draws ambitious projects

Carbon dioxide removal strategies are expanding in India with new initiatives and a potential rise in demand in 2025. This article explores the major factors driving this trend and the technological perspectives.
The Clipper Eris becomes the first vessel capable of storing its CO2 at sea
A Norwegian shipowner has equipped an ethylene carrier with an onboard CO2 capture and storage system. The initiative could reduce its greenhouse gas emissions by 70%.
en_11401306540
The Clipper Eris becomes the first vessel capable of storing its CO2 at sea
A Norwegian shipowner has equipped an ethylene carrier with an onboard CO2 capture and storage system. The initiative could reduce its greenhouse gas emissions by 70%.
en_11401306540
A 200,000-ton CO₂ capture contract signed between Gigablue and SkiesFifty
Gigablue and SkiesFifty collaborate to capture 200,000 tons of CO₂ through innovative marine solutions, strengthening aviation's net-zero ambitions.
en_11401266540
A 200,000-ton CO₂ capture contract signed between Gigablue and SkiesFifty
Gigablue and SkiesFifty collaborate to capture 200,000 tons of CO₂ through innovative marine solutions, strengthening aviation's net-zero ambitions.
en_11401266540
The United States Increases Carbon Capture Capacity to 200 Million Tons
The Gulf Coast of the United States is developing carbon capture projects to decarbonize its heavy industries, but regulatory and financial challenges are slowing implementation.
en_11401027540
The United States Increases Carbon Capture Capacity to 200 Million Tons
The Gulf Coast of the United States is developing carbon capture projects to decarbonize its heavy industries, but regulatory and financial challenges are slowing implementation.
en_11401027540

Chevron obtains a permit in Australia to explore CO₂ storage over 2,222 km²

Chevron and its partners, Shell and Mobil, are exploring the geological storage of CO₂ off the coast of Australia, a key project for emissions management in the Carnarvon Basin.
Technip Energies and LanzaTech secure 200 million USD to recycle CO2 in the U.S. Gulf region
The U.S. Department of Energy is funding a 200 million USD project led by Technip Energies and LanzaTech to convert captured CO2 into ethanol and ethylene, reducing the carbon footprint of the chemical industry.
en_1140964540
Technip Energies and LanzaTech secure 200 million USD to recycle CO2 in the U.S. Gulf region
The U.S. Department of Energy is funding a 200 million USD project led by Technip Energies and LanzaTech to convert captured CO2 into ethanol and ethylene, reducing the carbon footprint of the chemical industry.
en_1140964540
China: Ambitious Expansion of Carbon Markets Planned for 2025
In 2025, China plans to expand its carbon market by integrating steel, cement, and aluminum sectors while introducing new methodologies for carbon credits. A strategic overhaul will also aim to better address international requirements.
en_1140865540
China: Ambitious Expansion of Carbon Markets Planned for 2025
In 2025, China plans to expand its carbon market by integrating steel, cement, and aluminum sectors while introducing new methodologies for carbon credits. A strategic overhaul will also aim to better address international requirements.
en_1140865540
Technip Energies wins a billion-dollar contract for a gas-fired carbon capture plant in the UK
Technip Energies, in partnership with GE Vernova and Balfour Beatty, is building the UK’s first gas-fired plant equipped with a carbon capture system, marking a significant step in reducing industrial emissions.
en_1140829540
Technip Energies wins a billion-dollar contract for a gas-fired carbon capture plant in the UK
Technip Energies, in partnership with GE Vernova and Balfour Beatty, is building the UK’s first gas-fired plant equipped with a carbon capture system, marking a significant step in reducing industrial emissions.
en_1140829540

Maritime transport: a pillar for cross-border CO2 capture

Maritime transport is essential to cross-border carbon capture and storage initiatives in Asia-Pacific, with projected annual volumes reaching 100 million tons by 2050.
Australian Carbon Credits Surge: A Market Under Pressure in 2025
With annual emissions thresholds declining and methodological delays, carbon credit prices in Australia are expected to soar in 2025, drawing attention from market players.
en_1140785540
Australian Carbon Credits Surge: A Market Under Pressure in 2025
With annual emissions thresholds declining and methodological delays, carbon credit prices in Australia are expected to soar in 2025, drawing attention from market players.
en_1140785540
SLB Capturi inaugurates the world’s first industrial carbon capture plant at a cement facility
SLB Capturi has completed the construction of the world's first industrial-scale carbon capture plant for Heidelberg Materials in Norway. A major breakthrough that will reduce up to 400,000 tons of CO2 annually in the cement sector.
en_1140712540
SLB Capturi inaugurates the world’s first industrial carbon capture plant at a cement facility
SLB Capturi has completed the construction of the world's first industrial-scale carbon capture plant for Heidelberg Materials in Norway. A major breakthrough that will reduce up to 400,000 tons of CO2 annually in the cement sector.
en_1140712540
Australia Needs to Reduce 15 Mt of Emissions Annually to Reach 2030 Target
Australia must cut 15 megatons of its annual emissions to achieve its 43% reduction target by 2030. Investment mechanisms and carbon credits will play a key role in this ambitious effort.
en_1140659540
Australia Needs to Reduce 15 Mt of Emissions Annually to Reach 2030 Target
Australia must cut 15 megatons of its annual emissions to achieve its 43% reduction target by 2030. Investment mechanisms and carbon credits will play a key role in this ambitious effort.
en_1140659540

New Zealand: Partial Sale Expected for Final 2024 Carbon Auction

New Zealand's final carbon auction of 2024, scheduled for December 4, is expected to see partial clearance, with prices exceeding NZ$64/tCO2e and an anticipated increase for 2025.
Western Australia accelerates its CCUS plan with a $16.9 million grant
Western Australia unveils an ambitious action plan for carbon capture, storage, and utilization (CCUS), supported by $16.9 million in funding, aiming to achieve carbon neutrality while boosting its economy.
en_1140566540
Western Australia accelerates its CCUS plan with a $16.9 million grant
Western Australia unveils an ambitious action plan for carbon capture, storage, and utilization (CCUS), supported by $16.9 million in funding, aiming to achieve carbon neutrality while boosting its economy.
en_1140566540
COP29: Adoption of Article 6 Rules
COP29 marks a milestone for carbon markets with the adoption of crucial rules for Article 6 of the Paris Agreement. These advancements promise transparency and attractiveness for international carbon credits.
en_1140563540
COP29: Adoption of Article 6 Rules
COP29 marks a milestone for carbon markets with the adoption of crucial rules for Article 6 of the Paris Agreement. These advancements promise transparency and attractiveness for international carbon credits.
en_1140563540
Hanwha Power Systems and TC Energy partner to develop sCO₂ energy generation
Hanwha Power Systems and TC Energy collaborate to commercialize a waste heat recovery technology based on supercritical CO₂, aiming to produce zero-carbon energy within pipeline infrastructures.
en_1140569540
Hanwha Power Systems and TC Energy partner to develop sCO₂ energy generation
Hanwha Power Systems and TC Energy collaborate to commercialize a waste heat recovery technology based on supercritical CO₂, aiming to produce zero-carbon energy within pipeline infrastructures.
en_1140569540

The EU Approves a Certification Framework for Carbon Capture

The European Council has approved a regulatory framework to certify carbon capture and storage activities, a significant milestone toward the EU's 2050 carbon neutrality target.
Indonesia and Japan: First Bilateral Mutual Recognition Agreement for Carbon Trading
Indonesia and Japan establish a historic collaboration for carbon credit trading under the Paris Agreement, enhancing transparency and international environmental standards.
en_1140451540
Indonesia and Japan: First Bilateral Mutual Recognition Agreement for Carbon Trading
Indonesia and Japan establish a historic collaboration for carbon credit trading under the Paris Agreement, enhancing transparency and international environmental standards.
en_1140451540
Saudi Arabia: Launch of a Carbon Credit Exchange to Support Decarbonization Efforts
Saudi Arabia, the world’s largest oil exporter, has inaugurated its first carbon credit exchange platform during COP29 in Baku, aiming to bolster its decarbonization efforts and diversify its economy.
en_1140404540
Saudi Arabia: Launch of a Carbon Credit Exchange to Support Decarbonization Efforts
Saudi Arabia, the world’s largest oil exporter, has inaugurated its first carbon credit exchange platform during COP29 in Baku, aiming to bolster its decarbonization efforts and diversify its economy.
en_1140404540
Occidental develops a CO₂ pipeline network in Southeast Texas
Occidental Petroleum, in partnership with Enterprise Products Partners, is setting up a CO₂ pipeline network in Southeast Texas to transport captured emissions, thus supporting carbon capture and storage projects in the Houston area.
en_1140184540
Occidental develops a CO₂ pipeline network in Southeast Texas
Occidental Petroleum, in partnership with Enterprise Products Partners, is setting up a CO₂ pipeline network in Southeast Texas to transport captured emissions, thus supporting carbon capture and storage projects in the Houston area.
en_1140184540

Advertising

LEGAL

FOSSILS

POLICY

RENEWABLE

PLUS

VERVANT

Welcome

Your subscription

Included in this subscription:

COMMUNICATE ON ENERGYNEWS