About Octavia Carbon
Octavia Carbon is Global South’s first Direct Air Capture (DAC) company.
We aim to leverage Kenya’s geothermal energy, geology, and talent to radically accelerate DAC down the cost curve.
Our aim is to make Kenya the world’s cost-effective hub to build and deploy DAC machines by 2025.
Our technology uniquely leverages Kenya’s abundant and currently excess renewable electricity and geothermal heat to power our DAC plants very cost-effectively
Kenya has a young and innovative population that experiences the ravages of climate change firsthand, and so, has a strong incentive to fix this problem.
The Kenyan Rift is rich in basaltic rock that combines very easily with carbon dioxide. Once injected into basaltic rock, carbon dioxide is stored permanently for thousands of years, with
no adverse effects to the environment around it.
Like most African countries, Kenya is disproportionately affected climate change, despite contributing the least to it. Cost-effective DAC gives Kenyans a chance to create widespread prosperity from its natural endowments, which is also highly aligned with Kenya's development policy.
3 reasons: Geology, Renewables & Talent. Kenya’s Rift Valley has the right geology to safely store air-captured CO2 for millennia. Most of Kenya’s power grid is 100% renewable, thanks to Kenya’s abundant geothermal and hydropower. Finally, Kenya has a young and innovative population that experiences the ravages of climate change first-hand, and so has a strong incentive to fix it.
DAC technology is still in development. The first commercial DAC plant only started operating in 2021, so this new and nascent technology has some way to go. Government policies and private sector initiatives are currently helping to catalyze amazing technological progress in this area. And while DAC technology will always be energy-intensive, geothermal areas like Kenya can use natural heat to supply>85% of the energy DAC requires.
For some context, one car sized DACC machine can absorb as much CO2 from air as 10 hectares / 25 acres of forest. DACC is a highly scalable solution to removing CO2 from air and it can safely lock up CO2 for millennia, which equals how long humanity’s emissions will stay in the atmosphere. DACC is integral to achieve the world’s climate goals of limit global warming to well below 2°C, which is why the world’s leading climate scientists now include it in their modelling. This is not to say that planting trees is an inadequate way of climate conservation, but rather that it should work hand in hand with DACC amongst other efforts.
DAC is indeed an expensive form of carbon removal today, costing up to $1,000 per ton of CO2 removed from the atmosphere. However, there is reliable trajectory to bring this below $100per ton of CO2 by 2030, and progressively lower beyond that. In that, DAC reflects the potential of other climate tech, such as solar PV, to become more cost-effective quickly. DAC also delivers a premium product: an exact, directly measurable amount of CO2 is removed from the air and locked up forever by turning CO2 into a rock. Many organizations see the value of this as per leading scientists’ recommendations and are very willing to pay a premium price for DAC to help push it down the cost curve.