COAWAY will produce CO2 at below the cost of our competitors for sale in a $12B/yr market.
We produce CO2 by absorption from flue gas and the atmosphere using waste heat to drive airflow by convection and to separate the absorbent from the CO2 at <100C. This results in very low CapEx and OpEx. Geothermal heat in oil fields can drive the process to produce CO2 for enhanced oil recovery, with no transportation cost. CO2-EOR is currently a $10B market and growing. COAWAY is a finalist for the $25M Virgin Earth Challenge.