US-based industrial gas equipment manufacturer Chart Industries has been awarded $4,999,875 by the US Department of Energy (DOE) for its Sustainable Energy Solutions Cryogenic Carbon Capture (CCC) technology.
The funding will be used to scale up the CCC system by allowing the design, building, commissioning and operating of an engineering-scale CCC process at Central Plains Cement Company LLC’s cement plant located in Sugar Creek, Missouri.
Scaling-up will also involve the increase in capacity of carbon dioxide (CO2) captured to 30 tonnes per day.
The award, which was one of the four largest funding amounts of the 12 eligible projects (with a total funding amount of $45m), will also assist Chart in its aim to demonstrate >95% capture rate of CO2 from the flue gas slip stream, resulting in a >95% pure CO2 stream.
A separate ongoing project between Chart and the DOE involves combining carbon capture with energy storage, in addition to collaborating on the H2@SCALE Texas hydrogen project.
Jill Evanko, CEO and President, Chart said that this award is part of ‘meaningful steps’ taken towards capturing a significant share of its anticipated $6bn total addressable market for carbon and direct air capture in 2030.
She added, “We are delighted that public and private entities recognise Chart as a leader in carbon capture technologies and products.”
In addition, Chart reported a strong third quarter 2021 in carbon capture following carbon capture, utilisation and storage (CCUS) collaboration agreements with FLSmith and TECO 2030.
Researchers from the Massachusetts Institute of Technology (MIT) and Exxon recognised Chart’s CCC technology as the ‘most competitive CCUS solution’ with regards to the cost of producing cement with its CO2 capturing technology being less expensive than other capture technologies.