PUBLISHER: Guidehouse Insights | PRODUCT CODE: 1328596
PUBLISHER: Guidehouse Insights | PRODUCT CODE: 1328596
Carbon removal technologies such as direct air capture (DAC) will play a key role in the global push for climate change mitigation. By sucking CO2 directly from the air, DAC can be a negative emissions technology when run on renewable electricity and coupled with permanent CO2 storage. Alternatively, the captured CO2 can be used to reduce emissions from other sectors.
DAC projects currently account for about 5% of the carbon capture utilization and sequestration projects in operation, but the projects are very small scale, representing less than 0.02% of total installed global CO2 capture capacity. One reason most DAC projects are so small is that the technology is relatively immature and still undergoing testing and optimization. By 2015, only four DAC companies were operating around the world. Over the last five years, however, a flood of second-generation companies has entered the space with new and innovative technologies and approaches. Another impediment to DAC uptake is its high costs. While some DAC companies aim to cut expenses by planning large-scale projects to leverage economies of scale, others are taking a modular approach, preferring to deploy additional units as necessary in order to minimize initial upfront costs for a project.
This Guidehouse Insights Leaderboard examines the DAC offerings from 13 leading companies and measures them against one another to determine which are providing the most useful DAC solutions.
Top 10 Vendors
The Guidehouse Insights Leaderboard Grid: Direct Air Capture Companies
Climeworks Strategy and Execution Scores
Carbon Engineering Strategy and Execution Scores
Global Thermostat Strategy and Execution Scores
Baker Hughes/Mosaic Materials Strategy and Execution Scores
CarbonCapture Strategy and Execution Scores
Aircapture Strategy and Execution Scores
Carbyon Strategy and Execution Scores
Noya Strategy and Execution Scores
Prometheus Fuels Strategy and Execution Scores
Mission Zero Strategy and Execution Scores
Verdox Strategy and Execution Scores
Sustaera Strategy and Execution Scores
Carbominer Strategy and Execution Scores