CO2 capture and utilisation (CCU)
Carbon dioxide (CO2) capture and utilisation technology offers a key decarbonisation route in order to meet the climate targets for 2030 and 2050. We have experience in techno-economic analysis of a variety of CCU processes right from a component level to a system level.
Some of the processes include
- Algal cultivation and conversion
- Methanol (catalytic hydrogenation) production
- Formic acid via homogeneous catalytic hydrogenation of CO2 using renewable hydrogen
- Carbon mineralisation
- Urea production
- Polyols
- Nutraceuticals
- Biofuels
Techno-economic analysis is a broad term that entails the use of a variety of software tools covering a range of granularity, and covers:
- Conceptual design, flow sheet and process flow diagrams
- Costing analysis (CAPEX and OPEX) analysis
- Pricing elasticity and CO2 pricing
- Process efficiencies in terms of CO2 usage and energy requirements
- Avoided and utilised CO2
- Products and by-product yields
- Sensitivity to impurities in raw materials/feedstock
- Technology Readiness Level (TRL) and Manufacturing Readiness Level (MRL) progression