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Carbon Removal Leaders, Deep Sky and Svante, Partner to Study Carbon Storage Feasibility in Southern Quebec, Canada

● Deep Sky and Svante have engaged Sproule to evaluate the feasibility of permanent underground CO2 storage in the St. Lawrence River Valley in Quebec

● Collaboration to focus on commercial deployment of carbon dioxide removal (CDR) projects

VANCOUVER, BC & MONTREAL, AUGUST 17, 2023 — Canada’s leading carbon removal project developer, Deep Sky, has joined forces with carbon capture and removal solutions provider Svante Technologies Inc. (Svante) to evaluate the feasibility of sequestering CO2 in Southern Quebec. Together, the companies will fund research to study the ability to capture, transport and store CO2. The duo has engaged carbon management consulting firm Sproule to complete the geological subsurface research.

Deep Sky is working to build large-scale carbon removal and storage infrastructure in Canada. As a project developer, the company is bringing together the most promising carbon dioxide removal technologies to commercialize solutions at scale. This news marks Deep Sky’s first partnership to evaluate the feasibility of permanent CO2 storage in the St. Lawrence River Valley in Quebec to enable rapid and widespread roll-out of this essential climate solution.
Svante has pioneered novel carbon capture and removal technology, which employs what it calls structured adsorbent beds, known as ‘’filters.’’ The filters are coated with nanoengineered solid adsorbent materials and can be used to capture CO2 from hard-to-abate industrial emissions that come from the production of pulp & paper, cement, hydrogen, and more. The technology can also be used for Direct Air Capture (DAC), in which CO2, that is already in low concentration in the atmosphere, is trapped and removed from ambient air.

“Canada is on track to become the world leader in carbon removal. We believe that collaboration is needed amongst climate solution players to create meaningful change quickly,” said Fred Lalonde, Co-Founder of Deep Sky. “By combining Deep Sky’s project development expertise with Svante’s ready-to-deploy technology and Sproule’s geology research, we can drive down greenhouse gas emissions and deliver carbon credits to the market at hyper speed.”

‘’Carbon capture and removal is one of the key pillars of the energy transition 2.0. For DAC to succeed, it will be critical to find geographical locations that have substantial and safe storage potential, and that are able to provide abundant and affordable renewable energy. These sites must also be able to meet the specific climatic requirements of different technological solutions. We believe Quebec meets these criteria and is poised to become a leader in a new high-growth industry to deploy carbon management solutions. We can leverage the region’s vast renewables and hydroelectric energy needed to safely trap and store CO2 in deep underground saline aquifers,’’ said Claude Letourneau, President & CEO of Svante.

Carbon dioxide removal technologies are essential to delivering the “net” in net zero. These CDR technologies will provide a balance to anthropogenic emissions that are hard to reduce as well as reverse the buildup of historic emissions that are already present in the atmosphere.

Quebec is a region with an abundance of hydroelectric power, immense wind power potential and a vast territory with the ideal geological makeup required for carbon dioxide removal.

FRENCH VERSION BELOW

Deep Sky et Svante, experts reconnus en matière d’élimination du carbone, s’associent pour étudier la faisabilité du stockage du carbone dans le sud du Québec, au Canada

● Deep Sky et Svante ont retenu les services de Sproule pour évaluer la faisabilité de stockage permanent souterrain de CO2 dans la vallée du fleuve Saint-Laurent au Québec
● La collaboration se concentrera sur le déploiement commercial de projets d’élimination du dioxyde de carbone présent dans l’air ambiant

Deep Sky, principal développeur de projets de capture du dioxyde de carbone au Canada, s’est associé à Svante Technologies Inc. (Svante), fournisseur de solutions d’extraction du carbone, pour évaluer la faisabilité de séquestrer le CO2 dans le sud du Québec. Ensemble, les deux entreprises vont financer des recherches visant à étudier la capacité de capter, de transporter et de séquestrer le CO2 Les deux entreprises ont fait appel à la société de conseil en gestion du carbone Sproule pour mener à bien la recherche géologique du sous-sol.

Deep Sky travaille à la mise en place d’une infrastructure de capture et de stockage du carbone à grande échelle au Canada. En tant que développeur de projets, la compagnie rassemble les technologies les plus prometteuses d’élimination du dioxyde de carbone afin de commercialiser des solutions à grande échelle. Ce nouveau projet constitue le premier partenariat de Deep Sky visant à évaluer la faisabilité d’un stockage permanent de CO2 dans la vallée du fleuve Saint-Laurent, au Québec, afin de permettre une mise en œuvre rapide et à grande échelle de cette solution essentielle à la lutte contre les changements climatiques.

Svante est à l’origine d’une nouvelle technologie de capture et d’extraction du carbone, qui utilise un système de lits d’adsorption structurés, appelés “filtres”. Les filtres sont recouverts de matériaux adsorbants solides issus de la nanotechnologie et peuvent être utilisés pour capturer le CO2 d’émissions industrielles difficiles à éliminer qui proviennent notamment de la production de pâtes et papiers, du ciment, d’hydrogène, etc. La technologie peut également être utilisée pour le captage atmosphérique direct (DAC), dans lequel le CO2, dont la concentration est déjà faible, est séquestré et éliminé de l’air ambiant.

“Le Canada est en bonne voie de devenir le leader mondial dans le domaine de la capture du carbone. Nous croyons qu’une collaboration est nécessaire entre les acteurs des solutions climatiques pour créer rapidement un changement significatif”, a déclaré Fred Lalonde, cofondateur de Deep Sky. “En combinant l’expertise de Deep Sky en matière de développement de projets avec la technologie commercialisée par Svante et la recherche géologique de Sproule, nous pouvons réduire les émissions de gaz à effet de serre et fournir des crédits de carbone sur le marché très rapidement.”

“Le captage et le stockage du carbone sont l’un des piliers de la transition énergétique 2.0. Afin d’assurer sa réussite, il sera essentiel de trouver des zones géographiquement bien situées, dotées d’un potentiel de stockage important et fiable, et capables de fournir une énergie renouvelable abondante et abordable. Ces sites doivent également être en mesure de répondre aux exigences climatiques spécifiques des différentes solutions technologiques. Nous pensons que le Québec répond à ces critères et que la province est prête à devenir le chef de file d’une nouvelle industrie à forte croissance pour déployer des solutions de gestion du carbone. Nous pouvons tirer parti des vastes ressources en énergie renouvelable et hydroélectrique de la région pour séquestrer le CO2 en toute sécurité dans des aquifères salins souterrains profonds”, a déclaré Claude Letourneau, président et chef de la direction de Svante.

Les technologies de capture du dioxyde de carbone sont essentielles pour atteindre le “net” dans le “net zéro”. Elles permettront d’équilibrer les émissions anthropogéniques difficiles à éliminer et d’inverser l’accumulation des émissions historiques déjà présentes dans l’atmosphère.

Riche en ressources naturelles, le Québec est une région qui dispose d’une abondance d’énergie hydroélectrique, d’un immense potentiel éolien et d’un vaste territoire doté de la configuration géologique idéale pour la capture du dioxyde de carbone.

 

 

Deep Sky

Brooks Wallace

brooks@deepskyclimate.com

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