But we'll have some of the brightest minds in the world on this historic project." Climate change is a big challenge to take on. "And their vision of a circular economy that includes direct air capture has the power to drive future sustainability at the intersection of economics, energy and the environment. "Partnering with 1PointFive on this project aligns perfectly with our desire to deliver a more sustainable world," noted Worley CEO Chris Ashton.
Our combined knowledge and expertise will not only make the project a success but also make real progress in the creation of a circular economy." This first-of-its-kind facility is taking on one of the greatest challenges of our time. " Worley has a proven track record of true innovation, and that will be essential to bring DAC to commercial scale. "We partnered with Worley for this historic project because our organizations are like-minded in their vision of sustainability," said 1PointFive Chairman Richard Jackson. Upon completion of FEED, the alliance will move into the engineering, procurement and construction (EPC) phase. The FEED phase for DAC 1 will focus on the first train, which will capture 500,000 metric tons of CO 2 annually, and is scheduled to begin within the next 90 days, with completion estimated by the end of 2021. When complete, this facility will be capable of extracting one million metric tons of atmospheric CO 2 annually, serving as a starting point for the acceleration of commercial-scale DAC deployment as critical infrastructure to help companies around the world meet CO 2 emission reduction targets. The initial focus of this collaboration is on the Permian Clean Campus targeting DAC 1 through DAC 4. This FEED agreement is the first step of an alliance between 1PointFive and Worley. DAC 1 represents the technology's first commercial-scale deployment. The project will support 1PointFive's mission to stabilize the climate through the commercialization and deployment of Carbon Engineering's DAC technology that captures CO 2 directly from the atmosphere. 22, 2021 /PRNewswire/ - 1PointFive announced today its selection of Worley for the Front End Engineering and Design (FEED) phase of its first direct air capture (DAC) facility in the U.S. Global EPC firm Worley has been awarded the initial engineering phase of 1PointFive's first direct air capture facility, the first commercial scale deployment of Carbon Engineering's direct air capture technology.
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