Remedium

About Remedium

Remedium has developed a carbon capture heat battery that captures carbon dioxide from high-emission industries while monetizing electricity cost variations, enabling businesses to potentially profit $10-$50 per tonne of CO2 captured. This technology not only reduces carbon capture costs but also provides energy storage capabilities, facilitating greater integration of renewable energy into the grid.

```xml <problem> The high cost of carbon capture technologies presents a significant barrier to widespread adoption by high-emission industries. Traditional carbon capture methods often lack economic incentives for businesses, hindering their deployment without government intervention. </problem> <solution> Remedium has developed a carbon capture heat battery that aims to reduce the cost of carbon capture by monetizing electricity cost variations. The technology captures carbon dioxide from industrial flue gases and air, and leverages energy storage capabilities to integrate renewable energy into the grid. By capitalizing on fluctuations in electricity prices, businesses can potentially generate revenue from captured carbon dioxide. This approach seeks to make carbon capture more economically viable and encourage broader implementation. </solution> <features> - Carbon capture battery technology that captures CO2 from high-emission industries and air - Monetizes electricity cost variations to drive down carbon capture costs - Provides energy storage capabilities to enable wider renewable energy implementation - Potential for businesses to profit from capturing CO2 </features> <target_audience> The primary target audience includes high-emission industries seeking cost-effective carbon capture solutions and businesses looking to integrate renewable energy sources. </target_audience> ```

What does Remedium do?

Remedium has developed a carbon capture heat battery that captures carbon dioxide from high-emission industries while monetizing electricity cost variations, enabling businesses to potentially profit $10-$50 per tonne of CO2 captured. This technology not only reduces carbon capture costs but also provides energy storage capabilities, facilitating greater integration of renewable energy into the grid.

Where is Remedium located?

Remedium is based in Houston, United States.

When was Remedium founded?

Remedium was founded in 2022.

Who founded Remedium?

Remedium was founded by Mohammad Saghafifar.

  • Mohammad Saghafifar - Co-Founder/CEO
Location
Houston, United States
Founded
2022
Employees
5 employees
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Remedium

Score: 38/100
AI-Generated Company Overview (experimental) – could contain errors

Executive Summary

Remedium has developed a carbon capture heat battery that captures carbon dioxide from high-emission industries while monetizing electricity cost variations, enabling businesses to potentially profit $10-$50 per tonne of CO2 captured. This technology not only reduces carbon capture costs but also provides energy storage capabilities, facilitating greater integration of renewable energy into the grid.

remediumenergy.com300+
Founded 2022Houston, United States

Funding

No funding information available. Click "Fetch funding" to run a targeted funding scan.

Team (5+)

Mohammad Saghafifar

Co-Founder/CEO

Company Description

Problem

The high cost of carbon capture technologies presents a significant barrier to widespread adoption by high-emission industries. Traditional carbon capture methods often lack economic incentives for businesses, hindering their deployment without government intervention.

Solution

Remedium has developed a carbon capture heat battery that aims to reduce the cost of carbon capture by monetizing electricity cost variations. The technology captures carbon dioxide from industrial flue gases and air, and leverages energy storage capabilities to integrate renewable energy into the grid. By capitalizing on fluctuations in electricity prices, businesses can potentially generate revenue from captured carbon dioxide. This approach seeks to make carbon capture more economically viable and encourage broader implementation.

Features

Carbon capture battery technology that captures CO2 from high-emission industries and air

Monetizes electricity cost variations to drive down carbon capture costs

Provides energy storage capabilities to enable wider renewable energy implementation

Potential for businesses to profit from capturing CO2

Target Audience

The primary target audience includes high-emission industries seeking cost-effective carbon capture solutions and businesses looking to integrate renewable energy sources.

Remedium | StartupSeeker