RepAir and EnEarth Partner on Direct Air Capture and Permanent Storage Project in Greece

June 14, 2024
The project will be operational in early 2026, and EnEarth's injection capacity in Prinos will be able to service up to 3 million tons of CO2 annually

RepAir, a direct air capture (DAC) solutions provider, and EnEarth, a carbon storage & environmental services subsidiary of Energean, an independent gas-focused E&P company in the Greater Mediterranean region, announced an agreement to use RepAir's DAC technology to capture CO2 and store it in the Prinos saline aquifer in Kavala, Greece. 

The project will be operational in early 2026, and once fully developed by 2028, EnEarth's injection capacity in Prinos will be able to service up to 3 million tons of CO2 annually.

The partnership will enable the installation of RepAir's carbon capture system on the premises of Energean's onshore facility at Prinos. Additionally, carbon from point source emitters in the Mediterranean region will be transferred to the Prinos storage complex for safe and permanent storage.

Energean's Prinos storage project (Prinos CO2) is scheduled to receive $161.1 million in funding from the Greek government under the European Recovery and Resilience Facility and is included in the sixth Union list of European Projects of Common Interest. 

The project is an integral part of the Mediterranean Carbon Capture and Storage (CSS) Strategic Plan developed by France, Italy, and Greece. The plan aims to create the first commercial-scale CO2 storage hub in the Southeast Mediterranean.  

The partnership with RepAir is proving promising due to the economic viability of its DAC solution, with levelized capture costs projected at $50 a ton at the gigaton scale, while other competitive solutions are at $200 a ton.  

RepAir's zero-heat technology is fully electric, operating at 600 kWh per ton of CO2 removed, without using liquids or solvents, and producing no waste or hazardous materials. The system is designed for gigaton deployment due to its mass-manufacturable StackDAC modules.

"The Prinos CO2 Storage project is strategically located to serve emitters of the region and will generate new green jobs and know-how, as part of a broader just industrial and energy transition,” said Nikolas Rigas, Head of Carbon Storage, EnEarth. “This operational transition will bring significant economic and environmental benefits to the community."

In compliance with the EU CRCF Regulation and without impacting the access of industrial users to the Prinos CO2 storage project, the project aims to provide high-quality carbon credits to off-takers, supporting EU efforts to reduce CO2 emissions and align with evolving ESG standards to achieve climate goals.