CO2 Solutions, NSG to pilot joint carbon capture project
Pilot is expected to significantly lower costs of processing industrial effluent gases.
QUEBEC CITY — CO2 Solutions Inc. is collaborating with a Colorado emissions control solutions provider on a pilot industrial carbon capture project.
Neumann Systems Group Inc. (NSG), a manufacturer of emissions control systems for power plants and other industrial applications based in Colorado Springs, Colo., will combine its technology with Co2 Solutions, a developer of enzyme-enabled carbon capture technology based in Quebec City, to create a significantly lower cost process for the capture of CO2 from industrial effluent gases.
Following this pilot, the companies will co-market the solution.
“This project with Neumann Systems has the potential to significantly accelerate the commercialization of both our companies’ carbon capture technologies,” said Evan Price, president and CEO of CO2 Solutions. “Successful completion of the pilot will enable us to jointly pursue commercial opportunities both companies have identified. This is also a timely start to a relationship between CO2 Solutions and a US partner given the June 2, 2014 landmark announcement by the Obama administration of carbon emissions regulations for the US power sector.”
The pilot combines CO2 Solutions’ enzyme-based technology with NSG’s NeuStream high mass transfer gas-liquid contactor technology.
The companies said NSG’s technology has a significantly smaller footprint than current technologies, with development to date demonstrating the potential to reduce CO2 capture equipment capital costs by up to 50%.
CO2 Solutions has demonstrated that its CO2 capture equipment generates cost savings of more than 30% compared to conventional solvent-based processes. It also uses low-grade, nil-value heat from industrial sources that reduce process energy costs.
The pilot demonstration at NSG’s Colorado Springs facility, to run one month starting in April next year, will capture approximately 10 tonnes per day of CO2.
The companies said the CO2 will be suitable for enhanced oil recovery (EOR) and other commercial applications.