*The world’s largest climate-positive direct air capture plant: Orca. Credit: Climeworks.
Performing CAPEX cost estimates for Climeworks
With their new direct air capture and storage plant Orca already in construction, Climeworks wants to keep scaling up their technology and take CO₂ removal to the next level.
One of the challenges Climeworks experienced was how to rapidly and accurately estimate the CAPEX of large plants early on in the design phase. Therefore, Climeworks searched for an independent organization to create the cost estimation when scaling their new technology.
After investigating potential solutions during a screening and selection process, Climeworks decided to choose for the experienced and certified consultants of Cost Engineering Consultancy to provide them with an independent estimate.
‘’One of the main reasons why we chose Cost Engineering Consultancy to create our cost estimates is their deep industry knowledge on large and complex projects.’’
– Maxime Tornier, R&D Project Manager at Climeworks