Identifying early-stage signals for CO2 capture solutions for a European Energy major

Client success details

The FutureBridge Weak Signals Program helped our client in identifying and comparing multiple solutions that are at different maturity levels and can be used for point source carbon capture. We guided them in identifying and segregating the signal from the noise t narrow down the most suitable solution that can be deployed to reduce CO2 emissions across their facilities.

We resolved several of our client’s critical R&D questions including:

The Solution as a result of WSM Model helped our innovation as well as R&D team to establish a business case and prove the worthiness of Carbon Capture Technology

Which early innovations can mitigate large scale CO2 capture? When are these solutions (signals) expected to mature and what are the associated triggers? How does the investment roadmap for the select signal look like? Which players are investing and how have been the trend?

Our holistic approach narrowed down the upcoming technologies to capture carbon dioxide from point source.

How we did it:

• Developed a comprehensive WSM Database from Think Tank Reports (IEA, IRENA, NREL, NETL, etc.) and Industry Insider reports related to CCUS pillar.
• Identified technology clusters, technologies, development areas for CCUS and accordingly developed key strings for IP and SL for last 10 years, identified area specific innovation by reading IP and SL from each analysis and tagged focus projects for each primary focus area.
• Provided foresight evaluation through a mathematical assessment of the relevant patents and literature count to categorize the results into four quadrants.
• Analyzed the signals in top quadrant and matched its relevance with client’s implementation perspective.
• Categorized the relevant areas (signals) into three categories – Act, Prepare and Watch based on the strength of the activity in industry for each area.
• Identified trigger points for the qualified areas to provide an overview to the client about factors that will lead to mainstream adoption of these select signals.

Through our strategic guidance, we have successfully navigated the complexities of CO2 capture for our client, unlocking innovative solutions that pave the way for a sustainable future. Our expertise and forward-thinking approach empowered them to capitalize on emerging opportunities and make informed decisions. By partnering with us, the client gained access to actionable strategies that drive tangible results, ensuring they stay ahead in the ever-evolving landscape of environmental stewardship.

Want to dive deeper into the intricacies of CO2 capture and the Weak-Signals Management Model? Get in touch with us for comprehensive insights and customized solutions.