Occidental, 1PointFive to Begin Construction of World's Largest Direct Air Capture Plant in the Texas Permian Basin
Plant will advance large-scale carbon capture to help reduce emissions and accelerate paths to net zero
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Occidental and its subsidiary 1PointFive announced they plan to begin detailed engineering and early site construction for their first large-scale direct air capture (DAC) plant in Ector County, TX, near Oxy’s portfolio of acreage and infrastructure that are conducive to safe and secure storage of carbon dioxide.
The first stage of construction, which includes site preparation and road work, is scheduled to begin in the third quarter of 2022 and start-up is expected in late 2024. Upon completion, the first DAC plant will be the world’s largest of its kind and would be an important step in advancing Oxy’s low-carbon strategy to deliver large-scale carbon management solutions that accelerate a net-zero economy. Once operational, the plant is expected to capture up to 500,000 metric tons of carbon dioxide per year with the capability to scale up to 1 million metric tons per year. 1PointFive has announced a scenario to deploy 70 DAC facilities worldwide by 2035 under current compliance and market scenarios.
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