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Founded by international energy and infrastructure technology advisor, James Scott, the Embassy Row Project strives to unify the next generation of leaders & initiatives that are hyper-focused on instigating positive change on issues that impact the environment, human rights, technological innovation, and international trade collaborations that proliferate diversity, and food security, and dignified employment with a livable wage.
XPRIZE Team Lichen Discovers Revolutionary Biomimetic Microalgae Coating for Carbon Capture and Removal
In the next seven years, around 2GW of electric power generation will be put out of service, raising two serious issues. The first is replacing this capacity, preferably with zero-carbon power sources, like renewable energy, hydroelectric, or nuclear energy. The second is the issue of Romanian energy security since the failure to replace this capacity and further expand it to meet the national energy needs would put Romania at a strategic and economic disadvantage. The Romanian government has taken this as an opportunity to reduce its dependence on fossil fuel energy and increase the share of renewable and other zero-carbon energy sources in the national energy supply to at least 79% by 2030 with around 38% from solar and wind power (NEI, 2021).
This biomimetic direct air carbon capture and storage system created by XPRIZE Team Lichen and Carbon Capture Coatings co-founders Steve & Beth McDaniel Ph.D. represents a significant step forward in carbon capture and storage technology. “Most direct air carbon capture and storage (DACCS) systems require a significant upfront investment, have large energy demand, and have relatively low CO2 capture rates,” explains James Scott, founder of the ENVIROTECH Pre-Accelerator. Scott continues, “This means that to make a significant impact on climate change, large-scale DACCS systems are required, but their rapid expansion and deployment are challenging.
Team Lichen and ENVIROTECH Pre-Accelerator UPDATE: After their presentation at the Democratizing Decarbonization Summit at the National Press Club in Washington, D.C. in November of 2022, XPRIZE Team Lichen has been offered a pilot project to launch their much-anticipated carbon capture technology by the Bulgarian government.