Pilot Energy Ltd (Pilot) and Svante Technologies Inc. (Svante) have entered into a Memorandum of Understanding (MoU) to target integration of Svante’s solid sorbent-based post-combustion carbon capture technology with Pilot’s Cliff Head carbon dioxide (CO2) storage project. The objective is to accelerate the commercial deployment of emissions reduction solutions, targeting Australia’s top greenhouse gas emitters.
Pilot’s CO2 storage project is an integral component of its Mid West Clean Energy project (MWCEP). The MWCEP leverages Pilot’s existing operational asset base (comprising the Cliff Head offshore oil production facility and onshore Arrowsmith separation plant) into the production of clean energy. The project includes a fully integrated carbon capture and storage (CCS) operation through the conversion of the operating Cliff Head offshore oil field (CHCCS), which will enable the permanent storage of CO2 and the production of blue hydrogen, green hydrogen, and ammonia. Svante’s carbon capture filter technology is intended to be deployed to capture CO2 from industrial flue gas stacks on the sites of emitters.
“Svante’s innovative solid sorbent carbon capture technology is an ideal solution to efficiently capture the Kwinana Industrial Area’s hard-to-avoid CO2 emissions, and we’re enthusiastic about this new collaboration” said Brad Lingo, Pilot’s Chairman.
Based in Greater Vancouver, BC, Canada, Svante is a leading carbon capture and removal solutions provider. The company manufactures novel solid sorbent-based nanoengineered filters that capture and remove CO2, a greenhouse gas that largely contributes to climate change, from the source of post-combustion industrial emissions before it can reach the atmosphere. The company has been listed on the Global Cleantech 100 list since 2019 and has made several other recent announcements related to new collaborations and formal fundraising agreements, including a new collaboration with General Electric (GE) Gas Power and a formal announcement of an investment made by United Airlines as part of Svante’s record-setting US$318 million Series E fundraising round.
Under the MoU, Pilot and Svante will collaborate to evaluate and deploy full-service carbon management solutions from the point of CO2 capture, transportation and permanent storage at Cliff Head. The parties will initially target the decarbonisation of approximately 8 million tpy of CO2 emissions from the Western Australian Kwinana Industrial Area, as reported by the Kwinana Industries Council. The CHCCS project has the potential to provide a carbon management solution for 15 – 25% of the Kwinana Industries Council members' reported Scope 1 emissions.
“We are pleased to be collaborating with Pilot Energy to offer full-service, turnkey carbon management solutions to heavy industries,” said Matt Stevenson, Svante’s Chief Revenue Officer & Acting CFO. “An important feature of our business model is the ecosystem of partnerships we’re building globally across the value chain of carbon capture, utilisation, and storage (CCUS). We’re excited about the opportunity to help Australia’s emitters decarbonise one of the country’s largest CO2 emitting regions.”