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The world in pickles: Human activity continues to throw a lot of carbon dioxide in the air, which raises the danger of catastrophic global warming.
At the same time, the most suitable way for the climate to continue to use fossil fuels and carbon capture has hit a rough patch. About 40 facilities around the world Capture some carbon dioxide They are born, according to international energy management. Since the installations are expensive for construction and operation, global carbon emissions have reduced only 0.01 % per year.
But one of the startups believes that it has found a way to reduce the cost of carbon capture using a simple salt that has been modified for the industrial duty.
“The chemistry we use – the interaction of carbonity and carbon defect – this is what I call prehistoric chemistry. There was before us, and there will be after us,” Clément Cid, co -founder and executive director of legendaryTell Techcrunch.
Others suggested using potassium carbonate, but most of them avoided for two reasons: for a solid potassium carbonate that mainly melts after using one. “It turns into Mush after using it, which is absorbed if you want to continue to reuse your materials again and again as a sponge,” Sayed said. Another option, which melts salt in water and deceives the gas through the solution, is not cheaper than alternatives. Mitico went on the first way, adding the bark to Preventing gravel from turning to mush.
CID said that potassium carbonate can capture more than 95 % of carbon dioxide in the exhaust stream. Once the material is saturated, it is heated to release carbon dioxide, which can be stored or used to make plastic materials or the electronic lawsuit. CID said, on a commercial scale, it should be able to capture a metric of carbon with less than $ 85. If it succeeds, any factory qualifies for relevant federal tax credits can be profitable to the carbon from the first day.
One of the first pilots is attached to starting the boiler in a colander in Thailand. Currently, the company plans to attract similar clients based on boilers on an industrial scale. “There is a little technology currently available for these customers, and many of these customers have ESG requirements,” said CID. “They have no economic option other than the use of natural gas.”
Once it gets a foothold in industrial boilers, Mitico hopes to install carbon capture equipment in any large carbon dioxide. CID said that the real goal is Natural gas power plants.
There, the company will find a much larger market. Natural gas plants currently provide 43 % of electricity in the United States, according to the United States Energy Information Management, and technology has received an increase in attention as AI Boom has a data -looking data center wherever they find it.
To build larger experimental factories, MITICO raised a seed tour of $ 4.3 million, and the company told Techcrunch exclusively. The tour led Extergon with the participation of AP Ventures, Deepbright Ventures, FreeFlow Ventures, Halliburton Labs, Socal Alliance for Innovation, SOSV and WL Gore & Associats.
Sayed said: “At the end of the day, whether it is carbon dioxide coming from fossil or non -daily sources, what we care about is the fact that we should not emit a lot.” “Carbon after combustion is where we can have the greatest effect.”