Residual develops industrial-scale carbon projects by partnering with industrial operators to design commercially viable carbon assets. The company focuses on project design, feasibility, and commercial readiness to ensure credits meet rigorous standards for financiers and buyers. They manage the end-to-end process, from registry and MRV to verification and credit commercialization, unlocking value from underutilized assets.
Funding
Funding not disclosed
Founders
Product
Problem
The carbon removal market faces a significant supply deficit of durable, high-quality carbon credits at accessible price points. Industrial and agricultural supply chains represent a vast, yet largely untapped, resource for carbon dioxide removal.
Solution
Residual acts as an industrial-scale carbon project developer, transforming industrial and agricultural assets into biomass-based carbon removal projects. The company provides end-to-end support for project development, including techno-feasibility assessments, project design documentation, life cycle assessments, and monitoring plans. Residual manages the certification process with registries and third-party raters, as well as preparing projects for insurance. Furthermore, the company offers project finance advisory services and secures offtake agreements with buyers, facilitating the commercialization of carbon credits. This comprehensive approach aims to increase the supply of high-integrity, offtake-ready carbon removal solutions.
Target Audience
The primary customers are industrial and agricultural companies seeking to develop and monetize carbon removal projects, as well as buyers of high-quality carbon credits looking for a reliable supply.
Features
- Full-stack project design and documentation, including Techno-Feasibility Assessments, Project Design Documents (PDDs), and Life Cycle Assessments (LCAs).
- Management of registry certification, third-party ratings, and insurance preparation for carbon removal projects.
- Project finance advisory services to facilitate grant, debt, and equity financing.
- Offtake sourcing and negotiation to secure long-term agreements with buyers.
- Expertise in biomass-based carbon removal technologies such as biochar production, biomass gasification with carbon capture, and BECCS.
- Development of data monitoring and validation reports to support credit integrity.
- Streamlined due diligence for buyers through packaged risk reports and project documentation.