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.”
Pale Blue Dot Energy affiliate CO2DeepStore sign multiparty MoU with China to explore investment in the Acorn CCS project in North East Scotland
The Memorandum of Understanding (MoU) provides for the UK-China Guangdong CCUS Centre (GDCCUSC), New Silk Road Energy and CO2DeepStore to jointly identify Chinese investment for the Acorn CCS project in North East Scotland following China’s Belt and Road initiative.
GDCCUSC and CO2DeepStore will also jointly facilitate two-way knowledge transfer between the Acorn CCS Project and the Guangdong Offshore Carbon Capture Utilization and Storage Project (GOCCUS), two flagship projects in the UK and in Guangdong, China respectively.
The Acorn project, a full chain small scale carbon capture and storage (CCS) project in North East Scotland, has reached another milestone with support from the EU funding round “Advancing CCS Technologies” (ACT), a part of the ERA-NET programme. The project, being developed by CO2DeepStore, has been approved for funding under the programme to progress feasibility studies in 2017 and 2018. Pale Blue Dot Energy is leading the ACT study consortium which also includes Scottish Carbon Capture & Storage, Bellona (Norway), Liverpool University and Radboud University (Netherlands).
Pale Blue Dot Energy are proud to be supporting one of our team, Hazel, as she and her husband Luke embark on a world first expedition in Alaska this summer. They will be covering the length of Alaska (2,000 miles in 80 days) by human power (running, biking and kayaking). Hazel has a strong track record for doing crazy athletic things and has completed, among others, the Cape Wrath ultra-marathon and the ‘Ice Ultra’ ultra-marathon. Last year Luke made history by becoming the first Scot, youngest Brit and first person in history with a pacemaker to ski solo, unsupported and unassisted to the South Pole; this year they get to do something together.
Pale Blue Dot Energy have been awarded a contract from HMG Department for Business, Energy and Industrial Strategy (BEIS) to review a range of business models for CO2 transport and storage. The project will take place over the next two months and will examine models which have been used successfully overseas and for other types of infrastructure, as well as those that have been proposed for the delivery and operation of CO2 infrastructure in the UK.
This work builds on the 10 year CCS track record of the Pale Blue Dot team, which includes delivery of a major project for the Department of Energy and Climate Change (DECC), BEIS predecessor, regarding strategic UK CO2 storage appraisal (more info here).