Carbon Energy
Keep your Business CARBON FREE
Location: Daegu, Republic of Korea
Specialized sector: Smart City, Carbon Capture, Utilization, and Storage (CCUS)
Company overview
Carbon Energy, founded in 2022, specializes in Carbon Capture, Utilization, and Storage (CCUS) technologies aimed at reducing carbon emissions and promoting sustainability within Smart Cities. Their flagship product, a Direct Air Capture (DAC) Carbon Removal Plant, integrates renewable energy generation with carbon capture and converts the captured carbon into solid industrial resources. With a global focus, Carbon Energy is particularly targeting industries in Europe affected by carbon regulations such as the Carbon Border Adjustment Mechanism (CBAM).
Problem overview
Industries such as steel and aviation face mounting pressure to reduce carbon emissions, particularly in Europe, where regulations like the CBAM are becoming stricter. However, many existing solutions are either costly or energy-intensive, creating a need for scalable, cost-effective technologies that can capture carbon while minimizing energy consumption.
Solution Overview
Carbon Energy provides a Direct Air Capture (DAC) solution that captures carbon directly from the air and integrates renewable energy generation into the process. Their system converts captured carbon into solid industrial resources, reducing waste and offering a path to carbon neutrality. The DAC technology operates with a competitive capture cost of $100 per ton, making it more affordable compared to other carbon capture solutions, and is designed to be scalable without excessive energy demands.
Business Model
Carbon Energy operates on a B2B and B2G basis, targeting industries such as steel, aircraft, and other sectors that require carbon capture solutions to meet regulatory standards like CBAM.
Competitive Landscape
Carbon Energy differentiates itself through its integrated carbon capture system that not only captures carbon but also generates renewable energy and converts captured carbon into solid industrial resources. Their competitive $100 per ton capture cost and high efficiency make their technology attractive to industries under pressure from carbon regulations. They are actively pursuing partnerships with key players like Engie, Total Energies, and EDF in Paris, positioning themselves to lead in the carbon capture space.
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