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Several companies are offering “as-a-service” products in the CCS space. Norwegian’s Northern Lights Project offers transport and storage of CO2 to any industry at any location. The goal is that by the end of 2026, 5 million to 7 million tons are collected annually. San Francisco-based Charm Industrial is offering its storage technology as a service by converting CO2-rich agricultural waste into bio-oil and injecting it into underground rock formations that once stored crude oil and gas. Another Norwegian company, Aker Carbon Capture, provides customizable modular CCS solutions to a wide variety of industries. Customers pay per ton of CO2 captured.

CCS-as-a-service

KEY TRENDS

CO2 Capture, Utilization, and Storage