Teras Direct Air Capture (aka “Monster” DAC)
USA
Announced
Overview
Status
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Announced
Region
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North America
Geography
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USA
State
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California
Equity Owner
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Siemens Energy, Inc.
Proponent
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Siemens Energy, Inc; Constellation Energy; the University of California–Berkeley; Battelle
Output
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Direct air capture
Type of electricty
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Capacity
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Financing
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DOE Funding: $2,9m; Non-DOE Funding: $0,7m; Total Value: $3,7m
Technology
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Technical Advisors
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Advisors
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Project Contact
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Lawyers
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Project Cost
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Offtaker
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Commercial Operations Date
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Decommission Date
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FID
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Description
Siemens Energy, Inc. (Orlando, Florida) and partners Constellation Energy, the University of California–Berkeley, and Battelle intend to explore the feasibility of a multi-technology DAC hub anchored around Siemens Energy’s solid sorbent capture technology, with smaller deployments of next-generation capture technologies planned. The Teras DAC (or “Monster” DAC) project is aligned with the targets of the U.S. Department of Energy’s Carbon Negative Shot initiative, and is intended to create a credible path to enable the eventual construction of the proposed DAC hub. The DAC hub setup would include a primary hub located in the Midwest and a satellite research hub located at the Richmond Field Station in Berkeley, California.