On 7 Aug, Calpine announced that it has executed a cost share agreement with the US Department of Energy (DoE) Office of Clean Energy Demonstrations (OCED) for the Sutter Decarbonisation project, a full-scale carbon capture demonstration project at its Sutter Energy Center. The project features ION Clean Energy’s carbon capture technology and is designed to capture 95% of existing carbon dioxide emissions, enabling Sutter to produce firm, dispatchable, low-carbon electricity. Calpine will now get started on the first phase of the DOE co-operative agreement, with other phases to follow upon successful completion of Phase 1 and finalisation of plans for subsequent phases.
Tim Vail, ION’s CEO, commented: “Our relationship with Calpine and the Sutter Decarbonisation project are hugely important to ION,” he said. “Since Dr Buz Brown founded the company, we’ve always believed our science is a differentiator. We’ve proven the performance of our technology time and again at pilots from the National Carbon Capture Center in Alabama to Technology Centre Mongstad in Norway. By deploying it on a commercial scale we can showcase they key role that ION’s technology can play in decarbonising our energy infrastructure.”
The Sutter project aims to capture up to 1.75 million metric tons of CO2 per year. ION recently announced a $45 m round of Series A financing with Chevron New Energies and Carbon Direct Capital.
