C+UP
About C+UP
CUP develops technology to convert captured CO2 into sustainable eFuels and eChemicals, such as propane, using renewable electricity and water. This process offers an economically viable solution for upcycling CO2 and creating a circular carbon economy, reducing reliance on fossil fuels. The resulting sustainable propane can be used as a feedstock for producing plastics or as a replacement for gasoline and diesel.
```xml <problem> Many industries, such as ethanol production, steel manufacturing, and chemical processing, generate significant CO2 emissions, contributing to climate change and facing increasing regulatory pressure. Traditional carbon capture and utilization methods often involve multiple energy-intensive steps and high costs, hindering widespread adoption. There is a need for a more efficient and economically viable solution to convert CO2 into valuable products. </problem> <solution> C+UP offers a single-step Power-to-X technology that converts captured CO2 into high-purity propane using renewable electricity. This process eliminates the need for green hydrogen or multi-stage operations, resulting in a more energy-efficient and cost-effective solution for carbon reuse. The resulting propane can be used as a sustainable fuel, a feedstock for green polymers, or for sustainable aviation fuel (SAF), reducing reliance on fossil fuels and creating a circular carbon economy. C+UP's modular design enables decentralized synthesis, making it adaptable for various industries and promoting energy security. </solution> <features> - Single-step CO2-to-propane conversion process using proprietary electrocatalysts - Modular and decentralized design for scalable on-site production - Production of high-purity propane suitable for fuel and chemical feedstock applications - Carbon-negative process when utilizing biogenic CO2 sources - Integration of Carbon Capture and Utilization (CCU) with Power-to-X (P2X) - Potential to reduce carbon emissions by 3-5x compared to biofuels and 7-10x compared to fossil fuels - Compatibility with existing propane infrastructure </features> <target_audience> C+UP's primary customers include ethanol producers, steel manufacturers, chemical companies, transportation and fuel suppliers, and renewable electricity providers seeking to reduce their carbon footprint and create new revenue streams. </target_audience> <revenue_model> C+UP generates revenue through the sale of its CO2-to-propane conversion systems and through partnerships with industries that utilize the produced propane for fuel, chemical feedstock, or SAF production. The company targets an initial $350MM SOM by 2035, focusing on early adoption in ethanol production facilities in regions with low-carbon fuel policies. </revenue_model> ```
What does C+UP do?
CUP develops technology to convert captured CO2 into sustainable eFuels and eChemicals, such as propane, using renewable electricity and water. This process offers an economically viable solution for upcycling CO2 and creating a circular carbon economy, reducing reliance on fossil fuels. The resulting sustainable propane can be used as a feedstock for producing plastics or as a replacement for gasoline and diesel.
- Employees
- 3 employees