Ocean GeoLoop unveils breakthrough in carbon capture efficiency
Ocean GeoLoop's technology achieves carbon capture rates exceeding 90% and product gas purity of 95%, with current energy consumption around 200 kWh/tonne.
A SINTEF study confirms the c-Pump's potential to reduce net electricity demand by over 80% using available waste heat and cooling, achieving approximately 25 kWh/tonne. The c-Pump has an estimated cost of NOK 0.53/kWh.
Ocean GeoLoop plans piloting and commercial applications, with Heroya Industrial Park identified as a promising site.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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