SBIR-STTR-Success: ION Engineering
Industrial emissions are the world’s largest source of carbon dioxide. Both coal and natural gas power plants are responsible for CO2 and other greenhouse gas emissions that are contributing to climate change. ION Engineering has developed a patented process to extract the CO2 from these emissions, before it ever reaches the atmosphere. The Department of Energy (DOE) has been a critical partner for ION and has recently invested $2.6M through its Carbon Capture Program implemented at the National Energy Technology Laboratory.
This process of carbon capture was not widely adopted in the U.S., although the technology had been around for close to a century. ION knew it had to align with both the DOE and strategic industry partners in order to make the technology more widespread and commercially viable. With these partners, ION has successfully tested its solvent technology domestically at the University of North Dakota Environmental and Energy Research Center and the National Carbon Capture Center. Worldwide, ION completed testing at the CO2 Technology Centre Mongstad in Norway as part of a joint U.S. DOE and Norwegian-funded collaboration.
The company’s carbon capture technology captures over 90% of the carbon dioxide from fossil fuel-based power plants and industrial sources before it is emitted. Post-combustion removal of CO2 is the preferred method since it is the most cost-effective option for retrofitting existing power plants.
As for the CO2 that is captured? There are a variety of industries that use recycled CO2 including the craft brewing industry for canning, the car industry for manufacturing new interior parts, and the greenhouse industry to enhance plant growth.