We support biogenic emitters in setting up carbon removal projects.
The supply chains of carbon removal projects are complex. With few transport options available and little regulation in place, it is a challenge to get investment security.
Many biogenic emitters are eager to capture CO₂, decarbonise their operations and contribute to climate change mitigation. But the challenges of securing finance, in-house capabilities and capacity often prevent biogenic emitters from using this technology.
Our offer
Manage and structure
projects and financing
Find engineering partners
for capture, transport and storage
Negotiate contracts
at each step of the value chain
Market and sell
carbon removal credits to ensure revenue streams
A core part of our strategy is to implement clusters that align the needs of several emitters in limited
local areas.
These involve:
Aggregating
demand for CO₂ transport and storage
Sharing
mutually-beneficial knowledge and insights
Exploring
options for establishing common solutions
Realising
economies of scale to drive down costs
What does this mean for your facility?
A project typically involves setting up the required capture and liquefaction plant at the site of emission. To ensure smooth operation, additional processes need to be integrated to the emitter’s day-to-day operations.
Logistics have to be put in place to bring the CO₂ from the emitter’s site to the storage site. This typically involves a multi-modular transport approach, including options to intermediately store CO₂. Available storage sites in Europe today are in countries such as Denmark, Norway, the UK, Netherlands and Iceland.
It is essential to put measurements in place along the supply chain and certify the process. Only then can a carbon removal certificate be generated and used to create a revenue stream for the project.
Advisory
Airfix also supports emitters and investors to strengthen their understanding of the BiCRS value chain. Our ‘Roadmap to carbon removal and storage’ constitutes a holistic advisory along emitters’ value chain.