Clean coal, breakthrough captures CO2 from power plants and turns it into profit Clean coal, breakthrough captures CO2 from power plants and turns it into profit
4
WHY THIS MATTERS IN BRIEF CO2 is a major greenhouse gas but until now capturing it was difficult and expensive, this new technology could... Clean coal, breakthrough captures CO2 from power plants and turns it into profit

WHY THIS MATTERS IN BRIEF

  • CO2 is a major greenhouse gas but until now capturing it was difficult and expensive, this new technology could help reduce global emissions by 10%


 

India have made a breakthrough in the race to make useful products out of planet heating CO2 emissions, and now a coal powered power plant at the industrial port of Tuticorin is capturing CO2 and using it to make baking soda. And crucially, the technology isn’t being subsidised, which is a major advance for carbon capture technology as for decades it’s been shown that it’s expensive to do, and as a consequence it’s only ever received lukewarm government support.

 

RELATED
Experts: AI 'will beat humans in all tasks by 2060, and take all jobs by 2140'

 

The firm behind the new Tuticorin process says its chemicals will lock up 60,000 tonnes of CO2 a year and – as you can imagine – the hot new technology is attracting interest from around the world.

Until now the debate over carbon capture has mostly centered on Carbon Capture and Storage (CCS) technologies, where emissions are forced into underground rocks at great cost and no economic benefit. The Tuticorin plant is said to be the first unsubsidised industrial scale example of Carbon Capture and Utilisation (CCU).

There is already a global market for CO2 as a chemical raw material, mainly from industries such as brewing where it is cheap and easy to capture but until now it has been too expensive without subsidy to strip out CO2 from the relatively low concentrations in which it appears in flue gas and the Indian plant has overcome the problem by using a new CO2-stripping chemical.

It is just slightly more efficient than the current CCS chemical amine, but its inventors, Carbonclean, say it also needs less energy, is less corrosive, and requires much smaller equipment meaning the build cost is much lower than for conventional carbon capture.

The new kit has  already been installed at Tuticorin Alkali Chemicals and now the firm is using the CO2 from its own boiler to make baking soda – a base chemical with a wide range of uses including glass manufacture, sweeteners, detergents and paper products.

 

RELATED
Harvard gets ready to geoengineer the Earth's atmosphere

 

“I am a businessman. I never thought about saving the planet. I needed a reliable stream of CO2, and this was the best way of getting it,” said the firm’s managing director, Ramachandran Gopalan, who then went on to say that the plant now has virtually zero emissions to air or water.

Carbonclean believes capturing usable CO2 can deal with perhaps 5% to 10% of the world’s emissions from coal, it’s no panacea, but it would be a valuable contribution because industrial steam-making boilers are hard to run on renewable energy.

The inventors of the new process are two young chemists at the Indian Institute of Technology in Kharagpur. They failed to find Indian finance and were welcomed instead by the UK government, which offered grants and the special entrepreneur status that whisks them through the British border and the firm’s headquarters are now in London’s Paddington district.

“So far the ideas for carbon capture have mostly looked at big projects, and the risk is so high they are very expensive to finance. We want to set up small-scale plants that de-risk the technology by making it a completely normal commercial option,” said Aniruddha Sharma,the company’s CEO.

By producing a subsidy-free carbon utilisation project, Carbonclean appears to have something of a global lead but it is by no means alone. Carbon8 near Bristol is buying in CO2 to make aggregates, and other researchers are also working on making plastics and fuels from waste CO2.

 

RELATED
SolarCity and Tesla are powering an entire island with solar

 

At last, however, it seems, the race to turn CO2 into profit is really on and when money’s involved – let’s face it – people get more interested, but personally I think it’s great to have another solution in our arsenal in the battle against climate change.

Matthew Griffin Global Futurist 未来学家, Tech Evangelist, XPrize Mentor ● Int'l Keynote Speaker ● Disruption, Futures and Innovation expert

Matthew Griffin, Futurist and Founder of the 311 Institute is described as “The Adviser behind the Advisers.” Among other things Matthew keeps busy helping the world’s largest smartphone manufacturers ideate the next five generations of smartphones, and what comes beyond, the world’s largest chip makers envision the next twenty years of intelligent machines, and is helping Europe’s largest energy companies re-invent energy generation, transmission and retail. Recognised in 2013, 2015 and 2016 as one of Europe’s foremost futurists, innovation and strategy experts Matthew is an award winning author, entrepreneur and international speaker who has been featured on the BBC, Discovery and other outlets. Working hand in hand with accelerators, investors, governments, multi-nationals and regulators around the world Matthew helps them envision the future and helps them transform their industries, products and go to market strategies, and shows them how the combination of new, democratised, powerful emerging technologies are helping accelerate cultural, industrial and societal change. Matthew’s clients include Accenture, Bain & Co, Bank of America, Blackrock, Booz Allen Hamilton, Boston Consulting Group, Dell EMC, Dentons, Deutsche Bank, Deloitte, Deutsche Bank, Du Pont, E&Y, Fidelity, Goldman Sachs, HPE, Huawei, JP Morgan Chase, KPMG, Lloyds Banking Group, McKinsey & Co, PWC, Qualcomm, Rolls Royce, SAP, Samsung, Schroeder’s, Sequoia Capital, Sopra Steria, UBS, the UK’s HM Treasury, the USAF and many others.

Your email address will not be published. Required fields are marked *

Translate page »

Pin It on Pinterest

Share This