Objective
Without carbon removal humanity will struggle to achieve carbon neutrality. The IPCC estimates that 6 gigatonnes of CO2 will need to be removed by 2050 to limit global warming to 1.5C. Bio-based solutions are relatively affordable, but have limited scalability. Technological solutions have recently been developed, but remain several orders of magnitude too expensive for mass market uptake.
Carbon Atlantis have developed a breakthrough electrolyser that can decrease the costs of CO2 capture to below €75/tonne at megatonne scale. The objective of CAPTURE is to finalise the development of the third iteration of our technology (Gen3) and to deploy it in a demo plant. Successful deployment will validate the Gen3 500t-CO2/year minimum viable product in front of investors and customers, enabling us to raise funding to build out a mass manufacturing line. We aim for our devices to be capturing over 500,000t-CO2/year by 2030, with a vision is to remove 100 megatonnes of CO2/year by 2045.
Keywords
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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HORIZON.3.1 - The European Innovation Council (EIC)
MAIN PROGRAMME
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Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
HORIZON-EIC-ACC - HORIZON EIC Accelerator
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) HORIZON-EIC-2024-ACCELERATOR-02
See all projects funded under this callCoordinator
Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
85737 Ismaning
Germany
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.