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DACLab says it can remove CO2 using less electricity than many competitors

8 hours ago
  • #carbon-capture
  • #climate-tech
  • #startups
  • Global emissions reached an all-time high last year despite pledges to cut carbon pollution.
  • Direct air capture (DAC) technology is essential for removing carbon from the atmosphere but is energy-intensive.
  • DACLab claims to reduce energy consumption to 1,500 kWh per metric ton of CO2 captured.
  • DACLab emerged from stealth with $3 million in seed funding led by Peter Relan and other investors.
  • The startup uses a bifurcated setup, separating carbon capture and release processes to improve efficiency.
  • DACLab's technology, derived from TU Wien, operates at lower temperatures (70°C) compared to competitors.
  • The company plans to deploy units capable of capturing 1,000 and 5,000 metric tons annually in Washington and Kenya.
  • DACLab aims to reduce energy consumption further to under 1,000 kWh per ton, targeting a cost of $250 per metric ton.
  • The startup criticizes the industry for overpromising and aims to deliver realistic solutions.