SUNYA Energy

Frontier buyers sign $31M deal with Planetary to advance ocean alkalinity enhancement

August 26, 2025
SUNYA SUMMARY
- Ocean alkalinity enhancement could remove billions of tons of CO₂ annually at a price of approximately $50-160 per ton. - Planetary has developed measurement, reporting, and verification protocols that make them suitable for this scale of carbon removal. - OAE helps reverse local ocean acidification, benefiting coastal marine ecosystems. - Frontier facilitated a $31.3 million offtake deal with Planetary to remove 115,211 tons of CO₂ from 2026 to 2030. - Planetary's pilot project recently delivered the world’s first verified OAE tons. - OAE using alkaline mineral addition has a viable path to remove CO₂ at low costs, potentially below $100 per ton. - The process of adding dissolved alkaline minerals improves the ocean's ability to drawdown carbon by converting CO₂ into stable bicarbonate ions. - Planetary utilizes existing coastal facilities to ensure effective integration without new infrastructure investments. - Planetary's approach avoids disruption to biological carbon cycling and food webs by using the ocean's chemical buffering system. - Environmental monitoring is integrated into the OAE process, ensuring rigorous safety controls are in place. - The company conducts extensive screening of feedstocks, monitors discharge water in real-time, and has a stop trigger plan for safety. - Planetary's MRV methods reduce uncertainty in measuring carbon removal in marine environments. - Their OAE method improves conditions for marine species like oysters and crabs, benefiting aquaculture and natural ecosystems. - Planetary is collaborating with academic institutions and local communities to research the co-benefits of their approach. - Data from the project will be shared publicly in accordance with FAIR data principles. - Frontier has secured purchases from Founding Members including Stripe, Google, and Shopify, among others. - Mike Kelland, CEO of Planetary, emphasized the importance of demonstrating the OAE's scalability and effectiveness. - Hannah Bebbington from Frontier highlighted the need for robust measurement and community engagement in expanding OAE beyond small-scale trials. - Indigenous leaders expressed support for innovative climate solutions and emphasized the importance of incorporating Indigenous voices in environmental initiatives.
PRESS RELEASE
Frontier buyers sign $31M deal with Planetary to advance ocean alkalinity enhancement

August 26, 2025

Ocean alkalinity enhancement (OAE) could remove billions of tons of CO₂ annually at a price of ~$50-160/ton, emerging as one of the fastest and most affordable carbon removal solutions.
Planetary’s measurement, reporting, and verification (MRV) and safety protocols make them the ideal team to responsibly deliver on a field-first OAE offtake of this scale.
OAE also helps reverse ocean acidification locally, benefiting coastal marine ecosystems.

Frontier has facilitated offtake agreements with Planetary, a company that removes atmospheric CO₂ and reduces local ocean acidity by adding dissolved alkaline minerals to seawater. With this deal, Planetary is expanding on the pilot project that recently delivered the world’s first verified OAE tons, and initiating the next phase of operation with deliveries starting in 2026. Frontier buyers will pay Planetary $31.3 million to remove 115,211 tons of CO₂ between 2026 and 2030.

Ocean alkalinity enhancement (OAE), particularly through approaches like alkaline mineral addition, has the potential to remove several billion tons of CO₂ with a credible path to under $100 per ton. Frontier has supported the deployment of alkaline materials across a range of environments to help clarify the efficacy, scalability and safety of each approach: on land (Lithos, Eion, Terradot), in freshwater systems like rivers and wastewater treatment (CarbonRun, CREW), and now in a coastal environment with Planetary.

Planetary’s process involves careful addition of dissolved alkaline minerals, such as calcium oxide (CaO) or magnesium oxide (MgO), into coastal surface waters. This process boosts the ocean’s natural ability to drawdown carbon by converting dissolved CO₂ into stable bicarbonate ions, which are durably stored in the ocean for over 10,000 years. They use existing coastal facilities—like power plant cooling water outfalls—to ensure quick and effective integration without the need for massive new infrastructure investment. Unlike biological approaches, OAE works through the ocean’s chemical buffering system, avoiding disruption to biological carbon cycling and food webs.

The case for Planetary’s approach to OAE

Planetary’s approach to carbon removal is compelling for several reasons:

It has a path to <$100/ ton and gigaton-scale removal. OAE, including through alkaline mineral addition, offers a path to extremely low-cost carbon removal, with a potential to remove billions of tons of CO₂ annually at a price of $50-160/ ton¹. Planetary’s path to lower cost is contingent on 1) switching to lower-cost alkaline feedstocks and 2) co-locating facilities near these feedstock sources to cut transportation costs.


Environmental monitoring is baked in at every step of the process. The team manages the end-to-end process with rigorous safety controls: 1) they conduct extensive screening of feedstocks to detect and avoid harmful contaminants, 2) they use a network of sensors to monitor the discharge water and surrounding ecosystems in real-time, and 3) they have established a “stop trigger” plan to immediately halt dosing if any measurement exceeds permitted safety thresholds.


Planetary’s MRV sets a high bar for measuring open-system pathways. Measuring carbon removal in the ocean is challenging because its efficacy depends on the alkaline materials dissolving in the water. Planetary dissolves the alkaline minerals before releasing them in the ocean. This removes the uncertainty around where and at what timepoint the material dissolves to do its job. Planetary then uses sensors and validated computational models to measure the effects of the added alkalinity, including on air-sea gas exchange.


It delivers co-benefits for ocean ecosystems. By locally raising pH and carbonate saturation levels, Planetary's OAE approach helps counteract local effects of ocean acidification. This improves conditions for marine calcifiers like oysters, shrimp, lobsters, and crabs, benefitting not only the aquaculture and fishing industries but also natural ecosystems. Planetary is conducting research to quantify these benefits in partnership with academic institutions (Dalhousie University) and local communities (First Nations, environmental groups, municipal leaders, and fisheries).


The team will make project findings publicly available: This offtake includes binding commitments to share data in line with FAIR data principles and the Carbon to Sea data protocol.

Frontier has facilitated purchases on behalf of its Founding Members Stripe, Google, Shopify, and McKinsey Sustainability, as well as members Autodesk, H&M Group, and Workday. Additionally, Aledade, Canva, Match Group, Samsara, SKIMS, Skyscanner, Wise, and Zendesk have participated via Watershed's partnership with Frontier.

Mike Kelland, CEO, Planetary: “This offtake with Frontier buyers allows us to demonstrate that ocean alkalinity enhancement can safely and effectively remove CO₂ beyond small-scale trials. This approach could be the cheapest and most scalable carbon removal solution. We're eager to show how it can be rolled out responsibly.”

Hannah Bebbington, Head of Deployment, Frontier: “Ocean alkalinity enhancement can remove CO₂ from the atmosphere extremely cheaply and efficiently. But expanding it beyond small-scale trials calls for ironclad measurement and safety protocols, alongside addressing community concerns. Planetary is taking on these challenges head on with a rigorous MRV approach and thoughtful community engagement at their Tufts Cove site. This is the right project and team to pave the way forward for this promising pathway.”

Christopher Googoo, Chief Operating Officer, Ulnooweg and Executive Director, Ulnooweg Indigenous Communities Foundation: “Ulnooweg is proud to have worked with Planetary Technologies on the Joint Learning Opportunity initiative. Through this collaboration, we have explored how innovative ocean alkalinity enhancement projects, like the one at Tufts Cove, can inform and support Indigenous-led conservation priorities, including oyster restoration in Prince Edward Island. The Lennox Island First Nation embraced the opportunity to collaborate, sparking increased interest from young innovators, while the project dovetailed with the First Nations’ environmental blueprint. This multi-year offtake agreement is an exciting step forward, demonstrating how cutting-edge climate solutions can create opportunities for knowledge sharing, environmental stewardship, and sustainable benefits for our communities and future generations."

Jim Hepworth, CEO of Business Development and Social Enterprises, The Confederacy of Mainland Mi’kmaq: "As Mi’kmaw people, our responsibility to the ocean and environment is rooted in generations of knowledge and care. We're encouraged to see innovative climate solutions, like those being developed by Planetary, approached with attention to both science and community. Our ongoing conversations with them reflect a broader recognition that Indigenous voices are vital to the future of environmental innovation. We congratulate Planetary and wish them continued success as they take this important initiative forward."

¹ National Oceanic and Atmospheric Administration’s Strategy for Carbon Dioxide Removal Research