Deep Sky has entered a strategic partnership with ENGIE to advance the direct air capture (DAC) market. As part of the agreement, ENGIE will procure up to 15,000 carbon removal credits from Deep Sky facilities to support its 2045 net zero goal. Beyond credit procurement, the two companies will conduct joint research on how DAC systems respond to dynamic energy loads. This collaboration aims to optimize power integration and reduce the operational costs of industrial-scale carbon removal.
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Deep Sky is teaming up with ENGIE for DAC credits and research. ENGIE is picking up 15k credits. Worth a look for anyone tracking how DAC projects are actually getting funded.
The part about dynamic energy loads is the real story here. DAC is energy intensive. If they can actually use it as a flexible load to balance the grid, the economics change. Do we have a timeline for when this research hits the field?
15,000 credits is a start, but the scale needed for meaningful impact is orders of magnitude higher. The focus on durable removal is correct, but we need to see the procurement rules and pricing to know if this is a market signal or just a pilot.
Agreed. The press release is light on the price per ton. Without the cost data, it is hard to tell if this is sustainable or just a corporate sustainability spend.
