Beyond CCS: is cement investing enough in alternatives?
The difficulties facing Heidelberg Materials ’ carbon capture project at Edmonton, Canada, expose a wider problem in the cement industry's route to net zero. Announced in 2023 a...
Ccs
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Time to de-risk CCS finance
This week, our attention was drawn to a report by Baringa Partners, prepared as part of the Sustainable Markets Initiative (SMI), entitled Unlocking Private Capital – Scaling In...
Germany approves carbon storage law, boosting Cemex’s CO2 capture project
The German Bundestag has passed the Carbon Dioxide Storage and Transport Act (KSpTG), marking a significant milestone in the country’s industrial transformation toward climate p...
Heidelberg Materials Italia’s DREAM Project advances toward EU Innovation Fund support
Heidelberg Materials Italia has reached a major milestone in its decarbonisation journey, with its DREAM (Decarbonization of the Rezzato and Mazzano ) project selected as a cand...
Capsol Technologies partners with major European cement producer for carbon capture trial
Capsol Technologies, a leading carbon capture solutions provider, has signed a CapsolGo® rental agreement with a major European cement producer to conduct a six-month carbon cap...
National Wealth Fund and industrial consortium finance Peak Cluster project
The Peak Cluster project will link cement and lime plants in the Peak District, UK, to a carbon storage site beneath the Irish Sea through a new pipeline. A total of GBP60m (US$...
Carbon Upcycle secures US$18m investment for technology development
Carbon Upcycling has closed its US$18m investment round led by Builders Vision, a team of investors and philanthropists. The latest investment builds on a landmark period of mom...
Norway approves Northern Lights CCS expansion
The Norwegian government has approved plans for the second stage expansion of the Northern Lights carbon capture and storage (CCS) project. The expansion will increase the trans...
Carbon capture challenges are still in their infancy
Carbon capture and storage (CCS) is now a reality for the European cement sector. As well as the start-up of Heidelberg Materials' Brevik project in Norway, Schwenk Zement has a...
DNV report claims global CO2 capture and storage to quadruple by 2030
Cumulative investment in carbon capture and storage (CCS) is expected to reach US$80bn over the next five years, according to DNV’s new "Energy Transition Outlook: CCS to 2050" ...