Algae technologies have a unique potential to use the CO2 from fossil fuel power plants as they grow, transforming what is now considered a harmful waste gas into a valuable feedstock for countless products.
The U.S. Department of Energy’s (DOE’s) Office of Fossil Energy is seeking information from industry, academia, research laboratories, and others to learn about specific beneficial carbon use and reuse technology opportunities for the U.S. power generation sector. The Bioenergy Technologies Office is also interested in employing bioenergy feedstocks as carbon utilization technologies.
To complement existing efforts to develop, demonstrate, and deploy carbon capture technologies, DOE is interested in supporting new and innovative approaches to beneficially utilize CO2 from fossil fuel power plants. These technologies include biological utilization technologies, such as algae cultivation.
To read the Office of Fossil Energy’s full Request for Information, visit the Fed Connect website.
Deadline for responses in April 25, 2016!
In collaboration with NRG and Canada’s Oil Sands Innovation Alliance, the nonprofit XPRIZE is accepting applications from individuals and teams with projects that will help turn carbon from a liability into an asset.
In a series of rounds, teams will be whittled down as they attempt to use new technologies to convert CO2 from an actual coal-fired or natural gas plant into valuable products.
Instead of a silver bullet approach, XPRIZE believes in developing an ecosystem of technologies that will work together to mitigate and convert carbon. XPRIZE sees this competition as a chance to prove that carbon technologies can work, be economically viable and, in turn, stimulate further investment into similar innovations.
Click here to learn more and then register here. Registration closes in April.
This week U.S. Senators Sheldon Whitehouse (D-RI) and Brian Schatz (D-HI) introduced legislation proposing an economy-wide carbon fee. While it is difficult to see a path forward for comprehensive climate legislation in the next Congress, this latest proposal includes a very significant policy milestone: The bill provides a refund of the carbon fee to any facility that implements carbon capture and utilization.
This is just the latest example of growing support for those that are developing technologies that can use carbon dioxide and other greenhouse gases to make things.
Biomass Magazine has the story.
E&E has more coverage (subscription required)
Last month Skyonic Corporation opened Capitol SkyMine in San Antonio, a $125 million facility that will capture carbon emissions from a cement plant and transform them into products like baking soda, bleach and hydrochloric acid.
Skyonic’s technology can capture up to 90 percent of the CO2 in flue gases for processing into valuable products. At Capitol SkyMine 75,000 tons of CO2 will be captured, generating $48 million in revenue.
This example of capturing greenhouse gases and generating revenue is a classic illustration of how carbon capture and utilization technologies can flip the challenge of reducing emissions into an opportunity.
Skyonic’s press release as more detail.