Ocean Carbon Capture Platform BlueSink Reaches 10,000-Ton Daily Capacity: Carbon Trading Prices Drop 8%
Norwegian company BlueSink's ocean carbon capture platform in the North Sea has entered commercial operations, processing 100,000 tons of seawater daily and extracting approximately 1,500 tons of CO2 for deep-sea storage.
Ocean Carbon Capture Platform BlueSink Reaches 10,000-Ton Daily Capacity
On February 14, 2028, Norwegian carbon capture company BlueSink announced commercial operations of its North Sea ocean carbon capture platform. The platform processes 100,000 tons of seawater daily, extracting approximately 1,500 tons of CO2 for compression and injection into geological formations 2,000 meters below the seabed.
"The ocean is Earth's largest carbon sink — dissolved CO2 concentration in seawater is roughly 150 times that of the atmosphere," said BlueSink CEO Kristian Risa. "We're not competing with the air for carbon; we're leveraging the ocean's natural concentration effect."
BlueSink's capture cost is approximately $85 per ton, significantly below direct air capture's $250-400 per ton. EU carbon allowance (EUA) futures dropped approximately 8% on the news, falling from 72 to 66 euros per ton.
Equinor and Shell have signed carbon credit purchase agreements with BlueSink. The company plans to deploy three additional platforms off the Norwegian coast by 2029.
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