The two departments have selected Svante’s Pre-FEED (Preliminary Front End Engineering Design) study for a commercial-scale carbon capture project in a cost-sharing agreement of up to approximately USD 1.5 million.
Jan 30, 2025
The U.S. Department of Energy’s (DOE) Industrial Efficiency and Decarbonization Office (IEDO) has selected Svante’s Pre-FEED (Preliminary Front End Engineering Design) study for a commercial-scale carbon capture project in a cost-sharing agreement of up to approx. USD 1.5 million.
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The project will be a transformational approach for the pulp & paper industry as it will create additional value from its sustainable biomass to remove carbon dioxide from the atmosphere.
Claude Letourneau, President & CEO of Svante, said, “The pulp and paper industry represents a unique opportunity for technology and nature to work in tandem to remove CO2 from the atmosphere. Svante’s MOF-based carbon capture technology has the potential to revolutionize how industrial facilities manage their emissions, and we are confident that this project will pave the way for wider industry adoption.”
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Earlier this month, Tenaska and Svante announced they had signed a Memorandum of Understanding to collaborate on end-to-end carbon capture and storage projects. Svante is a Canada-based carbon capture and removal solutions provider, and Tenaska is a private, independent energy company based in the United States.
