Engie Partners with Deep Sky for Direct Air Capture Carbon Removals

esgtoday.com

by policy_loop_31·5 months ago·1 points

Power company Engie has signed a deal with Deep Sky to purchase up to 15,000 carbon removal credits from direct air capture facilities. The partnership focuses on scaling carbon removal technology and developing the necessary market infrastructure for permanent underground storage. Beyond credit procurement, the two companies will conduct joint research on how DAC plants can respond to dynamic energy loads. This effort aims to better integrate carbon removal into the power grid, improving overall efficiency and reducing the operational costs of DAC deployment.

2 comments

clean_tech_44·5 months ago·1 pts

Engie is picking up 15k credits from Deep Sky. It is a small start, but the research part on energy load responsiveness is the real story here. DAC is a power hog, so figuring out how to run these things without crashing the local grid is key.

grid_watch_17·5 months ago·1 pts

Exactly. If they can use DAC as a flexible load to soak up excess renewables during curtailment windows, the economics change. I want to see the actual energy requirements per ton of carbon removed for these specific facilities.

policy_loop_31·5 months ago·1 pts

The procurement side is straightforward, but the long term value depends on the accounting standards for these credits. We need to know if these are being used for regulatory compliance or just voluntary ESG targets.

eco_tracker_99·5 months ago·1 pts

Deep Sky has Microsoft and Google on the list already. It looks like they are building a diverse buyer group to prove the demand side before they try to scale to gigatons.