Based on available data on annual carbon capture volumes, CarbonFree is currently leading in carbon capture.
Carbon capture and storage (CCS) technologies are crucial for reducing industrial carbon emissions and are a key component of climate change mitigation strategies. Companies worldwide are advancing various methods, from direct air capture (DAC) to post-combustion capture. For more information on leading companies and technologies in this field, you can refer to resources like Energy Tracker Asia's overview of top carbon capture companies.
Top Carbon Capture Companies by Annual Volume
To understand the current leaders, it's helpful to look at their reported carbon capture capacities. The table below outlines key players and their reported carbon capture volumes:
Company | Location | Carbon Capture per year (in tonnes of CO2) |
---|---|---|
CarbonFree | The US | 800 million |
Quest Carbon Capture and Storage (SHELL) | Canada | 1.2 million |
Carbon Engineering | Canada | 1 million |
CarbFix | Iceland | 1 billion / Lifetime |
Note: CarbFix's figure represents total lifetime capture, not an annual capacity.
CarbonFree's Leading Position
With a reported capacity of 800 million tonnes of CO2 captured per year, CarbonFree stands out as the leader based on the provided metrics. This substantial figure positions them at the forefront of companies actively engaged in carbon capture efforts.
Other Key Players in Carbon Capture
Beyond the top position, several other companies are making significant contributions to the carbon capture landscape:
- Quest Carbon Capture and Storage (SHELL): Located in Canada, Quest is a prominent commercial-scale CCS project. It successfully captures approximately 1.2 million tonnes of CO2 annually from an oil sands upgrader, with the captured CO2 then stored deep underground in a geological formation.
- Carbon Engineering: Also based in Canada, Carbon Engineering is a leader in Direct Air Capture (DAC) technology. Their focus is on removing carbon dioxide directly from the atmosphere. They report a capture capacity of 1 million tonnes of CO2 per year, demonstrating the potential for large-scale atmospheric CO2 removal.
- CarbFix: Operating in Iceland, CarbFix is renowned for its innovative method of injecting CO2 into basaltic rock, where it naturally mineralizes and permanently turns into stone. Their reported "1 billion / Lifetime" indicates the total amount of CO2 they aim to sequester over the project's operational lifespan, representing a significant long-term climate solution.
The field of carbon capture is experiencing rapid evolution, driven by continuous technological advancements and increasing global investments aimed at scaling these crucial solutions for a more sustainable future.