Chevron Technology Ventures has commissioned pre-front end engineering design (pre-FEED) study that will explore the potential of trialling Svante’s technology in its operations.
The study, expected to be completed in the first half of this year, will evaluate the feasibility and design of a 10,000 tonne-per-year carbon capture unit in one of Chevron’s California facilities.
“We are thrilled to be working alongside one of our earliest investors towards a solution that will contribute to a low carbon future,” said Claude Letourneau, President and CEO of Svante.
“We have a demonstration plant in Saskatchewan capturing 10,000 tonnes per year from an industrial natural gas steam boiler.”
“This project will take the learning from our demonstration plant to design and build an improved second-of-a-kind facility using our state-of-the-art proprietary nano-filter technology.”
“At Chevron, we believe our industry is well-positioned to help commercialise carbon capture, utilisation and storage technologies that will be essential for the energy transition,” said Barbra Burger, President of Chevron Technology Ventures.
“We have leveraged venture capital and trial capabilities, our experience, and our operations to support the development of low carbon solutions.”
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