musk wants to convert carbon dioxide into rocket fuel
Elon Musk, CEO of SpaceX, tweeted on Monday that SpaceX would launch a plan to remove carbon dioxide from the earth’s atmosphere and convert it into rocket fuel. Musk wrote on Twitter: “space exploration technology has launched a plan to separate the earth from it and convert it into rocket fuel.” He pointed out that the implementation of this plan may be beneficial to flying to Mars.
The idea of turning carbon dioxide into power is not new. According to China Central Television, on December 8, China Huaneng Group Co., Ltd. officially announced that China’s first large-scale carbon dioxide cycle power generation test unit independently developed and built in China had completed 72 hour trial operation and was officially put into operation in Xi’an Huaneng test base. Compared with traditional steam power generation, recycling carbon dioxide to drive generator power generation has three advantages: first, small volume; Second, high efficiency; Third, the pollution is small.
speed up of carbon capture project
The dual carbon plan of carbon peaking and carbon neutralization affects all walks of life. To reduce the greenhouse gas carbon dioxide in the atmosphere, in addition to reducing emissions, carbon dioxide can also be captured or stored, or used for other purposes.
Since this year, the commencement and transformation of many carbon capture projects in China have also accelerated to provide technical support for carbon emission reduction.
According to China Central Television, the largest carbon dioxide capture project in China – the carbon capture project of Jiangsu Taizhou Power Plant is about to start construction, with a scale of 500000 tons. It is the largest carbon dioxide capture project in China’s thermal power field. In August this year, Sinopec said that it would continue to carry out the R & D, promotion and application of CCUs (carbon dioxide capture, utilization and storage) technology during the 14th Five Year Plan period, and build a million ton CCUs whole industry chain demonstration project.
At present, about 40 CCUs demonstration projects have been put into operation or under construction in China, with a capture capacity of 3 million tons / year. According to statistics, since this year, China has announced more than 100 CCUs facility construction plans. The IEA report shows that carbon capture investment has shown a significant acceleration in recent years. The total investment of projects in the late stage of planning worldwide exceeds US $30 billion, almost twice the investment in the past 10 years.
The application of carbon dioxide after capture is a huge topic. How to drive the realization of carbon cycle through negative carbon technologies such as carbon dioxide capture, storage and utilization, so as to realize the recovery and reuse of carbon elements, is a problem faced by the industry. according to statistics, at present, the proportion of carbon dioxide reuse in global carbon emissions is about 1:300. Converting carbon dioxide into fuel is a good way out.
carbon capture concept stock released
According to the industry research report, the global carbon capture and storage market reached US $5.143 billion in 2019 and is expected to reach US $6.838 billion in 2026, with a compound annual growth rate of 7.4%.
According to the statistics of securities times · databao, among a shares, Spic Yuanda Environmental-Protection Co.Ltd(600292) has built China’s first 10000 ton carbon dioxide capture device. On December 7, the construction of Chongqing carbon capture and utilization technology innovation center was launched, and Spic Yuanda Environmental-Protection Co.Ltd(600292) is the leading unit of the center.
Haohua Chemical Science & Technology Corp.Ltd(600378) has begun to take shape in the technical reserve of carbon capture, and has carried out in-depth cooperation with PetroChina, Sinopec and China Shenhua Energy Company Limited(601088) in the field of CCUs.
Hangzhou Boiler Group Co.Ltd(002534) the post combustion carbon capture technology of in-depth cooperation with the industry, University and Research Institute of Zhejiang University is currently promoting the implementation of demonstration projects and striving to implement the carbon emission of power generation enterprises through this technology.
(data treasure)
