Carbon Cure CEO Rob Niven in the field with the company’s equipment. Image: Carbon Cure Emissions Reduction Alberta (ERA) says that two successful projects have emerged from Round 3 of its Grand Challenge: Innovative Carbon Uses. ERA is awarding $5 million to Mangrove Water Technologies and $5 million to CarbonCure Technologies to support commercialization of their technologies in Alberta. If successful, these two technologies could deliver emissions reductions of almost 2 million tonnes of CO₂e per year by 2030, ERA said. ERA launched the $35-million Grand Challenge in 2013 “to find the world’s most innovative technologies” that turn carbon dioxide emissions from a waste stream into valuable products in Alberta. The three-round approach was designed to accelerate unique, promising, and impactful solutions in the emerging field of carbon dioxide utilization, ERA said. All contributions from ERA are required to be matched with private dollars. Funding for the Grand Challenge comes from the carbon price paid by Large Final Emitter (LFE) industrial facilities in Alberta. The Mangrove Water Technologies solution uses CO₂ to turn waste products from oil and gas operations into valuable chemicals, reducing GHG emissions in the oilsands mining industry. This technology will be commercially demonstrated at a […]
