Each year, the world produces 40 billion tones of CO2. We are a society addicted to fossil-fuels, and this is unlikely to change for the time being. Whilst carbon capture and geological storage is a suitable solution for large-scale carbon producers, a more versatile solution is needed for small and medium-scale applications. But private sector investment in this field is limited and without a clear profit motive this will not change.
Our patented CO2LOC technology offers a realistic solution to climate change by enabling industry to profitably sequester CO2 through a two-stage mineralization process. The mineralization process permanently locks the sequestered CO2 in rock form and due to its flexibility, can be utilized across a range of industries. CO2LOC is unique in that it approaches the planet’s dependency on fossil fuels by introducing a profit motive to industry to invest in emission-reduction. Our advanced mineralisation processes combine low cost inputs to de-carbonise the emissions, whilst simultaneously producing valuable by-products.
Our CO2LOC technology combines two distinct stages: the production of low-cost consumables, and the CO2 capture itself:
The first stage involves the low energy digestion of silicate minerals with NaOH to produce low-cost MgOH2 for the carbon-capture stage. By-products from this initial process include silicon dioxide, and a number of trace metals.
The second stage is where CO2 capture occurs: the exhaust gas is bubbled through a reaction column, in which the MgOH2 reacts with the CO2 to produce MgCO3. The MgCO3 is then filtered out, forming a rock-like substance, permanently storing the sequestered carbon in solid-form.
Power Generation: CO2LOC can be used to sequester the CO2 produced by fossil-fuel power stations, thereby enabling the production of zero-emission electricity.
Steel Production: the production of steel produces significant amounts of CO2. Our technology can be used to remove the CO2 and other harmful emissions from exhaust gases, therefore making Clean Steel a reality.
Landfill Gas: Landfills produce various gases as rubbish rots away. In partnership with YLEM, we are working to use our CO2LOC technology to remove the CO2 from the landfill gas and produce energy.
The Hydrogen Economy: we are currently developing our CO2LOC technology in partnership with the UK's Gas Networks to convert natural gas to zero-emissions hydrogen by capturing the CO2.
At the core of our business is providing an economic case for industry to adopt CO2-reducing technology. The process that we have developed has the distinct advantage of utilising low-cost inputs, whilst producing valuable outputs. At current prices, we have conservatively estimated that net profits of $200 per tonne of CO2 sequested are achievable. We are optimistic about the future market opportunity for the by-products we produce:
– Silicon Dioxide: a valuable compound with a range of commercial applications, including low-rolling resistance tyres;
– MgCO3: valuable as a building material due to its fire-retardant properties;
– Rare Earth Metals.
Michael took over as CEO in 2014. He has run 4 successful businesses, taking one to IPO on the London AIM Index, and is passionate about finding a real solution to climate change. To date, he has secured a total of £1.5 million in government grants from UK, EU, and US innovation funds. Michael holds a MA in Industrial Design from De Montford University, and a BSc in Design from Loughborough University.
Rob has been a key member of the development team since the beginning conducting some of the first research into CCC’s direct CO2 fuel cell at Cambridge University. Rob has been instrumental in developing our CO2 capture processes and directing our scientific research.
He trained as a Chemical Engineer at the University of Cape Town in South Africa and did his PhD at Middlesex University on high temperature electrochemical sensors. At Keele University he researched solid oxide fuel cells. He then moved to the University of Cambridge where he first worked in the Materials Science and Metallurgy Department under Prof Derek Fray developing a system to produce sodium on demand by electrochemical pumping. He then work on the Cambridge FFC process for the electrochemical refining of stable oxide ores, and has 2 royalty earning patents in the field. He then consulted for CMR Fuel Cells where he worked with the founders of CCC.
Tony joined CCC in 2016 from the University of Cambridge Materials Science and Metallurgy Department where he was a Senior Research Associate. Whilst there his research encompasses materials chemistry and electrochemical technology applied to sustainable extractive metallurgy, recycling and development of chemical sensors with a view to low cost and clean environment.
Tony has expertise in the use of molten salts and the design and use of equipment to perform high temperature electrochemistry. Tony has been a long-standing consultant to CCC and numerous companies developing new process technologies including Metalysis and Sensotec. In his role as a scientific researcher he has been heavily involved in acquiring project funding and overseeing knowledge transfer to industry and published 20 papers.
Some previous research includes:
• Upgrading of ilmenite to high purity titanium.
• Upgrading potassium-rich silicate minerals to high grade non-chloride fertilizer.
• Electrochemical production of solar grade silicon.
• Synthesis of single-walled carbon nanotubes using CVD.
• Centrifugal electrolysis to reduce the energy consumption in the production of lithium.
• Electrochemical study of atmospheric corrosion on steel (PhD Thesis).
Chris provides leadership to early stage companies addressing air pollution and climate change in the energy and technology sectors.
His career in renewable energy technologies spans 20 years, encompassing the development, deployment and certification of Fuel Cells, Reformers, CHP, Carbon Capture, Hydrogen Generation, Hydrogen Refuelling Stations, Energy Storage Systems.
With a long history of both strategy development and tactical delivery, Chris provides experience in contract, programme, project, safety and systems engineering management. Chris is a Project Management Professional (PMP), a Chartered Engineer and Fellow of the Energy Institute, he holds a PhD in Fuel Cell Optimisation from Newcastle University, an Executive MBA and a Degree in Chemical Engineering from Loughborough University.