“ Our technology is proven at scale across 49 sites worldwide , including in the UK , US , Japan , German , India , Norway and the Netherlands ”
TECHNOLOGY
“ Our technology is proven at scale across 49 sites worldwide , including in the UK , US , Japan , German , India , Norway and the Netherlands ”
PRATEEK BUMB CO-FOUNDER , CARBON CLEAN
Since 2010 , dozens of projects have failed to come to fruition because the technology involved with carbon capture is simply too costly . At the moment , there are only about two dozen large-scale facilities that use CCUS – capturing roughly 40mn tonnes of carbon , annually .
Amongst the global leaders of the CCUS industry is Carbon Clean . The company was awarded a ‘ Technology Pioneer ’ award by the World Economic Forum , was recently selected as one of Cemex Ventures ’ Top 50 ConTech Startups , and named a 2021 Global Cleantech 100 company .
The company recently launched the world ’ s smallest carbon capture technology , CycloneCC . 10-times smaller than the industry standard , Cyclone CC can be deployed at most industrial sites in only eight weeks . It ’ s predicted to drive down the cost of carbon capture to $ 30 per tonne on average – half the price of the EU ’ s August carbon price ($ 60 per tonne on 30.08.21 ).
To better understand the role of CCUS , we talked to the CTO and co-founder of Carbon Capture , Prateek Bumb .
leader in point source carbon capture , developing cost-effective solutions to accelerate the global deployment of CCUS , especially in hard-to-abate sectors such as cement , steel , refineries and energy from waste . We ’ ve achieved big things at Carbon Clean since we founded the company in 2009 – relocating to the UK from India after we received funding from the UK government – launching CycloneCC , the world ’ s smallest industrial carbon capture solution , in 2021 and raising a record $ 150mn in funding earlier this year .
Carbon Clean ’ s history Carbon Clean was founded to solve a critical climate challenge – decarbonising heavy industry , which accounts for around 30 % of global emissions . We are an innovation energydigital . com 111