SBIR/STTR Research Award

Technological Development for Measuring, Reporting, and Verifying Olivine-mediated Ocean CO2 Sequestration

Award identifier d7c6e5928c06470b535f5016475e403b0570a12fb05faed7b4322db62a560073Awarding agency Department of Commerce · National Oceanic and Atmospheric Administration

Award amount

$149,957

Program and phase

SBIR · Phase I

Award year

2022

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Award details

Awarding agency
Department of Commerce
Branch
National Oceanic and Atmospheric Administration
Recipient company
PROJECT VESTA, PBC
Proposal award date
2022-09-01
Contract end date
2023-02-28
UEI
M9E9JU2BW666
Solicitation number
NOAA-OAR-OAR-TPO-2022-2007117
Topic code
9.1

Research abstract

The National Academy of Sciences have called for the rapid implementation of silicate-based CO2 removal to help sequester >1000 GtCO2 by 2100. This represents an unprecedented opportunity to connect the weathering of the silicate mineral, olivine, to rapidly growing carbon markets through the development of measurement, reporting, and verification (MRV) technologies. Project Vesta proposes to develop a novel MRV approach for in situ olivine-derived ocean alkalinity enhancement (OAE) through the development of integrated sensor technology within custom-designed microcosms that simulate natural, coastal conditions. Project Vesta will fill major knowledge gaps and provide the necessary framework to constrain stoichiometric relationships among the optimal set of dissolution products and the measurement accuracy and precision needed for robust detection across space and time. MRV is critical to unlock the broader industry of OAE and link it to the rapidly growing carbon market, projected to surpass $1 trillion in 2050. This will in turn attract the necessary resources for gigaton-scale carbon removal. MRV will enable Project Vesta to license this technology to other organizations wishing to implement ocean-based CDR. Our vision is to help seed a global ecosystem of OAE organizations through the successful development of MRV in concert with safe olivine deployments.

Technology keywords

Not reported

Other awards by this recipient

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Awards with the same topic code

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Research funding history

2 SBIR/STTR records share this UEI (2022–2023). Reported award amounts total $423,951. Reported amounts are not federal obligations.

Phases: Phase I

Agencies: National Science Foundation, Department of Commerce

Agency intelligence

Department of Commerce

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