Baker Hughes (BKR) and HIF Global have announced their agreement to cooperate on the development of technology to capture carbon dioxide directly from the atmosphere (CO2 Direct Air Capture or DAC). More specifically, HIF Global and Baker Hughes intend to test Baker Hughes’ Mosaic DAC technology pilot units to accelerate DAC deployment at a commercial scale.
Acquired by Baker Hughes in April 2022 to enhance its carbon capture, utilization, and storage (CCUS) portfolio, Mosaic Materials is focused on developing a proprietary direct air capture technology using Metal-Organic Framework (MOF) materials that can be used to separate CO2 from the atmosphere. Baker Hughes is leveraging its advanced capabilities, including modular design and material science, to develop and scale Mosaic’s innovative technology with the goal to enable direct air capture with higher efficiency and lower cost.
HIF has two pioneering sites where it anticipates possible deployment of Baker Hughes’ Mosaic DAC technology. In Chile, the HIF Haru Oni eFuels Facility began producing its first fuels in December 2022 in Magallanes. The eFuels facility produces green hydrogen from wind electricity and water and combines the hydrogen with recycled carbon dioxide to produce eFuels, synthetic fuels that can be dropped into existing vehicles without any modifications to their engines. HIF Global is also completing the engineering for the first world-scale eFuels facility in Matagorda County, Texas, and expects to begin construction in 2024.
