Carbon capture is a necessary innovation for our climate goals. Fatih Birol, Executive Director of the International Energy Agency, said, “Investment in carbon capture, utilisation & storage (CCUS) will be critical to ensure that the young global coal fleet is in line with climate targets.” That’s why we celebrate the investment of the Navajo Transitional Energy Company (NTEC) in Enchant Energy Corporation, a Farmington-based company focused on developing a large-scale platform for carbon capture services in the Southwest. NTEC’s commitment to addressing climate goals are in line with Enchant Energy’s, and together they will be at the forefront of technological developments of carbon capture.
Cindy Crane, CEO of Enchant Energy commented, “We are excited to have NTEC join us. Our shared goals include giving back to our community, while using cutting-edge technology to decarbonize electric power, enabling sustainable development, and demonstrating that CCS can help avoid emissions from existing power plants through retrofits. NTEC’s expertise will be invaluable.”