Carbon Atlantis Project to Undo Residual Emissions - construction and deployment of a minimum viable product the Gen3 stack capable of capturing 500 tonnes CO2 per year from the air.
Carbon Atlantis aims to finalize and deploy a cost-effective electrolyser for CO2 capture, targeting 500,000t/year by 2030 and 100 megatonnes/year by 2045 to achieve carbon neutrality.
Projectdetails
Introduction
Without carbon removal, humanity will struggle to achieve carbon neutrality. The IPCC estimates that 6 gigatonnes of CO2 will need to be removed by 2050 to limit global warming to 1.5C.
Current Solutions
Bio-based solutions are relatively affordable but have limited scalability. Technological solutions have recently been developed, but they remain several orders of magnitude too expensive for mass market uptake.
Carbon Atlantis Breakthrough
Carbon Atlantis has developed a breakthrough electrolyser that can decrease the costs of CO2 capture to below €75/tonne at megatonne scale.
Project Objective
The objective of CAPTURE is to finalize the development of the third iteration of our technology (Gen3) and to deploy it in a demo plant.
Goals of Deployment
Successful deployment will validate the Gen3 500t-CO2/year minimum viable product in front of investors and customers, enabling us to raise funding to build out a mass manufacturing line.
Future Aspirations
We aim for our devices to be capturing over 500,000t-CO2/year by 2030, with a vision to remove 100 megatonnes of CO2/year by 2045.
Financiële details & Tijdlijn
Financiële details
Subsidiebedrag | € 2.494.672 |
Totale projectbegroting | € 2.494.672 |
Tijdlijn
Startdatum | 1-11-2024 |
Einddatum | 31-10-2026 |
Subsidiejaar | 2024 |
Partners & Locaties
Projectpartners
- PHLAIR GMBHpenvoerder
Land(en)
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