About the Client:
The Client is a global cleantech company specializing in energy from waste. The Client was interested in learning about the possibility of converting captured CO2 into profits.
Challenge:
For this ongoing Research Support Service License, PreScouter needed to analyze factors such as the market for utilizing captured CO2, technologies and their readiness levels, CO2 storage methods, and who were the most advanced players in this field.
Approach:
PreScouter took the approach of using Key Performance Indicators (KPIs) including:
- Environmental performance (CO2 avoided, sequestrated, etc.)
- Costs
- Process (purity level needed, sensitivity aspects, etc.)
- Technology maturity
The PreScouter team gathered all necessary input to perform the calculations and analysis needed to use the KPIs to compare 15+ utilization/storage options. Particular attention was dedicated to assessing the landscape of CO2 storage options in depleted O&G wells and saline formations in Europe (projects, infrastructure, permits, injection rates, etc.).
Outcome:
PreScouter recommended a pathway to invest in captured CO2 utilization to the Client. Further, PreScouter identified, contacted, and prioritized several potential partners and vendors of the selected technology for the Client to engage with.
Impact of PreScouter’s Work:
The Client developed a commercial partnership with the company identified as the best utilization method for captured CO2 in terms of environmental performance and profits.
A downloadable version of this case study is available here.
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