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Storegga, through its wholly owned subsidiary Pale Blue Dot Energy, has announced it has been awarded a £249,000 grant by the UK Government’s Department for Business, Energy and Industrial Strategy ( BEIS ) for a development project in Direct Air Capture ( DAC ) – a technology that captures carbon dioxide ( CO2 ) directly out of the atmosphere.
By Anthony Wright2021-05-25T12:15:00+01:00
A £249,000 grant has been awarded to Storegga’s Dreamcatcher Project under the UK Government’s Department for Business, Energy and Industrial Strategy (BEIS) programme.
The grant, provided under the Direct Air Capture and Greenhouse Gas Removal Technology Innovation Programme Award, will be used to help with developing a project in Direct Air Capture (DAC), a technology that captures carbon dioxide (CO2) directly out of the atmosphere.
The Dreamcatcher Project is a partnership between Storegga and leading Canadian DAC provider, Carbon Engineering, and together they hope to deploy the UK’s first large-scale DAC with Storage (DACS) facility.