Svante is suggesting its technology can absorb 90% of CO2 in a 60-second cycle, that lasts 450,000 cycles, is not contaminated by water-vapor, and costs 50% less than conventional CCS. This would be a CCS game-changer.
Hence it has attracted an amazing list of investors and partners, since building a 30Tpd pilot plant in 2019, and announcing further pilots with TOTAL/Lafarge and Chevron.
Agonizingly we could not de-risk the technology based on our usual patent review. Reasons are elaborated in the data-file. So we will await further progress before de-risking a CCS game-changer.