Pale Blue Dot Energy and the University of Aberdeen are delighted to announce their collaboration on the Carbon Capture Machine.
The Carbon Capture Machine (CCM), a new company and technology being developed at the University of Aberdeen and a contestant in the NRG COSIA Carbon XPRIZE, is developing technology that captures carbon and turns it into valuable carbon-negative industry feedstocks and building materials. Pale Blue Dot Energy will be developing a business case for the commercialisation of CCM.
The NRG COSIA Carbon XPRIZE is a competition designed to address CO2 emissions from fossil fuels. The winners receive $20 million to help fund the development and commercialisation of their CO2 utilisation technologies.
Pale Blue Dot Energy, based near Banchory, deliver management consultancy to the energy industry, large energy users and the public sector. Collaborative working is at the core of business practice, Pale Blue Dot Energy offers market knowledge and experience to help clients meet the demands of our rapidly changing world, and have specialist expertise in business planning and a strong track record for CCS and CCU.
Steve Murphy, Finance Director at Pale Blue Dot Energy, said “We’re delighted to be working with the University of Aberdeen on the commercialisation planning for the Carbon Capture Machine. The technology has tremendous potential to contribute significantly to reducing CO2 emissions and we’re excited to play a role in its commercialisation. We look forward to working with the team and wish them great success as they approach the next milestone of the competition.”
Zoe Morrison, Senior Lecturer at the University of Aberdeen, said “We are delighted to be working with local experts on this important development. Pale Blue Dot are bringing a commercial edge to our academic expertise in carbon capture and utilization that has real business benefit.”