This company develops technology to capture carbon dioxide and convert it into sustainable fuels and chemicals, such as green hydrogen and renewable methanol. Their solutions aim to decarbonize transportation, chemicals production, and other industries by offering cost-competitive alternatives.
Funding
Funding not disclosed
Founders
Product
Problem
Many industries, including transportation and chemical production, face challenges in reducing their carbon emissions due to a lack of cost-effective and sustainable alternatives to fossil fuels. Existing methods for capturing and utilizing carbon dioxide are often expensive and not scalable.
Solution
Carbon Sink develops scalable solutions for converting captured carbon dioxide and low-cost renewable power into green methanol, sustainable aviation fuel (SAF), and green hydrogen. Their technology aims to provide cost-competitive, carbon-neutral alternatives to traditional fuels and chemicals, enabling industries to decarbonize their operations. By integrating with renewable energy sources and partnering with ethanol plants, Carbon Sink facilitates the monetization of CO2 streams and reduces reliance on fossil fuels. The resulting eMethanol can be used directly as a fuel or upgraded to SAF, contributing to a circular carbon economy.
Target Audience
The primary target audience includes companies in the maritime, aviation, and on-road transportation sectors, as well as renewable energy firms and ethanol plants seeking to reduce their carbon footprint and diversify their product offerings.
Features
- Modular platform for converting captured CO2 into green methanol, SAF, and green hydrogen
- Integration with renewable energy sources (minimum 220 MW per project) for hydrogen production via water electrolysis and eMethanol synthesis
- Partnerships with ethanol plants to utilize CO2 streams and reduce carbon intensity scores
- eMethanol production from captured CO2 and renewably produced hydrogen, resulting in a carbon-neutral fuel
- Potential for integration of energy storage to optimize plant output
- Technology to upgrade eMethanol into Sustainable Aviation Fuel (SAF)
- Long-term off-take agreements for eMethanol and SAF