CO2 Solutions Inc. is doubling down on its chances to win the NRG COSIA Carbon Xprize Competition. The Quebec City company announced at the end of last month that it partnered with CERT, a team of more than 15 researchers from the University of Toronto to submit a second proposal to the global challenge.
The proof is in the pudding, the expression goes. For Quebec City-based CO2 Solutions, it’s in the enzyme and a process that can capture carbon in an economically viable way for industrial emitters without substantially hurting their bottom line. According to research results, the company’s process can capture CO2 at $28 per tonne, anywhere from half to a third of the cost that conventional technologies can achieve.
Quebec’s carbon reuse project is now rounding into form. Valorisation Carbone Québec (VCQ), which is a consortium of companies led by CO2 Solutions aimed at commercialization a variety of applications using waste CO2, now has a scientific committee. The committee is tasked with selecting applications to test with CO2 Solutions carbon capture process.
Field Upgrading Ltd., MEG Energy Corp. and Cenovus FCCL Ltd. are the latest recipients of cleantech funding from Natural Resources Canada’s $50 million Oil and Gas Clean Technology Program. Minister Jim Carr made the announcement on May 11 in Calgary.
A multi-stage field testing program of Calgary-based Acceleware Ltd.’s low-cost, low-carbon enhanced oil recovery technology (EOR) RF XL has completed the first phase of testing. The results showed that the company’s technology can be used in Alberta’s oil sands.