EDF Renewables, Partners to Develop DAC Facilities in Texas

Rocky Teodoro | Source: RigZone | Posted 04/01/2025

Keyword Tags:

EDF Renewables North America (EDFR) is developing direct air capture (DAC) facilities in Texas in collaboration with climate technology company Skytree, and Dutch carbon capture, utilization, and storage (CCUS) company Return Carbon.

AI generated summary

EDF Renewables North America is collaborating with Skytree and Return Carbon to develop direct air capture (DAC) facilities in Texas. This partnership aims to create large-scale DAC operations that will generate cost-competitive certified carbon removal credits by utilizing renewable energy sources. The project will leverage the Gulf Coast's geological carbon storage capabilities and aims to produce 500,000 metric tons of negative emissions annually. The collaboration will optimize energy use through a flexible power purchase agreement structure, ensuring price stability and revenue optimization for EDFR's renewable energy parks.

Key figures from the companies involved emphasize the importance of this initiative in accelerating the transition to decarbonization. The integration of DAC technology with renewable energy sources is seen as a crucial step towards creating a sustainable energy future. The project is positioned as a scalable and environmentally sustainable solution that addresses the climate crisis while promoting operational flexibility and resilience in the energy grid.

Link to Original Article

Please find the link to the full article below. (Please note that content provider might require a paid subscription)

Source Link: https://www.rigzone.com/news/edf_renewables_partners_to_develop_dac_facilities_in_texas-26-mar-2025-180010-article/

Create a free trial account: Sign Up

Grid monitor is free to try. No credit card required

EDF Renewables, Partners to Develop DAC Facilities in Texas

AI generated summary

Link to Original Article

Create a free trial account: Sign Up

Already have an account? Login