California Direct Air Capture Hub (CalHub)

Overview

Status

Announced

Region

North America

Geography

USA

State

California

Equity Owner

Carbon TerraVault (California Resources Corporation; Brookfield Renewable)

Proponent

California DAC Hub Consortium (Carbon TerraVault; Accenture, Brookfield Renewables, Bloom Energy, Pacific Gas & Electric Company; EPRI; SoCalGas; AECOM; Sage Geosystems; GreenFire Energy)

Output

Direct air capture

Type of electricty

Capacity

At least 1 million metric tons of CO2 per year

Financing

DOE Funding: $11,8m; Non-DOE Funding: $11,8m; Total Value: $23,6m

Technology

Technical Advisors

Avnos (DAC technology); Climeworks (DAC technology); SoCalGas (FEED)

Advisors

Guggenheim Securities, LLC

Project Contact

Chris Gould, CRC Chief Sustainability Officer and CTV Managing Director.

Lawyers

Project Cost

Offtaker

Commercial Operations Date

Decommission Date

FID

Description

The design and plan of the initial deployment and future development of CalHub, a regional DAC hub comprising both a planned storage site and pipeline transport of CO2. The project will study low-to-zero carbon-emitting sources of energy.

CalHub would be located in Kern County and it is expected to store CO2 at the Carbon TerraVault reservoir1, at the Elk Hills Field. The hub is expected to expand to other locations across the state to store CO2.