Equatic, a carbon removal company, announced in a press release that the engineering on North America’s first commercial-scale ocean-based carbon dioxide removal (CDR) plant is underway.
In collaboration with Deep Sky, a Canadian carbon removal project developer, the project will reportedly remove 109,500 tons of carbon dioxide from the atmosphere and produce 3,600 tons of green hydrogen per year.
The press release also mentions that the ocean-based CDR plant will be the “largest ocean-based carbon removal plant in the world and will help enable Equatic to achieve CDR at less than $100 per ton by 2030.”
In May, Equatic launched its demonstration project, Equatic-1, in Singapore. This development follows Equatic’s selection as a semifinalist in the Department of Energy’s Carbon Dioxide Removal Purchase Pilot Prize.
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Arup, a global sustainable development firm, oversees the planning and assessment of the commercial-scale plant. Arup’s responsibilities include site selection, permitting, and stakeholder engagement.
The plant will utilize modular electrolyzers like those employed at Equatic-1, allowing for scalable deployment and efficient operations.
These electrolyzers feature Equatic’s oxygen-selective anodes, which were developed with support from the Department of Energy and enable green hydrogen production while minimizing unwanted chlorine emissions during seawater electrolysis.
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Damien Steel, Deep Sky CEO, said, “As climate urgency grows, we need to accelerate the development of commercial facilities. We’re thrilled to begin the engineering phase of a commercial-scale plant with Equatic, moving closer to removing billions of tons of CO2 using the oceans to reverse global warming. The planet isn’t waiting, so we must meet the moment.”
As per the press release, all Equatic projects, including the upcoming commercial plant, adhere to ISO 14064-2:2019 standards for measurement, reporting, and verification (MRV) in ocean-based carbon removal.
This framework, developed with EcoEngineers and ISO, ensures rigorous greenhouse gas (GHG) quantification and monitoring and meets global reporting standards.
Carbon credits and green hydrogen from these projects have already been pre-sold to companies like Boeing, and additional sales are in progress.
