Parallel Carbon is dedicated to combating climate change through innovative technologies that reduce emissions and remove carbon from the atmosphere. Their mission is to establish a post-fossil fuel society by integrating Direct Air Capture (DAC) with Water Electrolysis processes, powered by renewable energy sources such as solar and wind.
Founded
2021
Location
U.S.
HQ Country
U.S.
Capture Medium Type
Solid
Regeneration Method
Electrochemical
Purpose
Parallel Carbon is dedicated to combating climate change through innovative technologies that reduce...
Founding Date
2021-01-01
Team
CEO and Founder: Ryan Anderson. The team comprises specialists from both the U.S. and U.K., focusing...
DAC Approach
Parallel Carbon integrates DAC with Water Electrolysis. They use hyper-reactive minerals as sorbents...
Sorbent Used
Specific names and chemical compositions of the sorbents used are not provided in the available info...
Regeneration Method
The regeneration method involves dissolving captured CO2 in a generated acid and using an alkali for...
Energy Costs
The estimated energy cost for capturing 1 ton of CO₂ is around $50 when using renewable electricity ...
Current Deployments
Parallel Carbon plans to launch a kilowatt-scale demonstration project by 2025, targeting a carbonat...
Future Deployments
A commercial pilot is set for 2026, aspiring to capture between 1,000 to 2,000 tonnes of CO₂ annuall...
Certification Status
Parallel Carbon generates high-quality carbon dioxide removal (CDR) credits through their DAC process. These credits are sold to support their operations and are part of the voluntary carbon market, which has gained traction as companies strive to meet climate targets. Specific certification by an independent entity was not mentioned in the information.