The world needs DAC to be successful but going from zero to gigaton scale is a massive undertaking. In this talk, we’ll examine the challenges and opportunities of DAC deployment from a project developers’ perspective, including questions on how to build a FOAK, who will pay for CDRs, where the energy should come from and what we might do with all that CO2.
The expected growth in new DAC and CCUS projects over the coming years could assist cost reduction through enabling efficient supply chains and standardizing designs and approval processes. However, challenges arising from supply bottlenecks as projects expand can also lead to inflation and delays. What are the forces driving costs for DAC and CCUS as they scale? Are there any breakthroughs in underlying technologies or manufacturing that have potential to truly reduce costs? What learning curves apply to process industries like DAC and CCUS and how might cost trajectories overall compare with renewables?