Alcimed supports its clients in their carbon neutrality projects, especially in their low carbon strategies. Following the European climate law and the European Green Deal unveiled by the European Commission at the end of 2019, the EU is committed to making Europe climate neutral by 2050. Achieving carbon neutrality is essential to limit global warming to +1.5 degrees, one of the objectives of the Paris Agreement signed by 195 countries. To achieve carbon neutrality by 2050, planting trees, switching to renewable energies, and implementing energy efficiency will not be enough. Manufacturers understand this well, and many want to drastically reduce their carbon emissions, especially through the implementation of low carbon strategies.
Challenges related to carbon neutrality and low carbon strategies
What is carbon neutrality and what is a low carbon strategy?
Initially, the most common goal was to reduce CO2 emissions. Thus, achieving eventual carbon neutrality consisted in offsetting emissions by reducing them elsewhere: this is the carbon offsetting system strategy in line with the European Emissions Trading System (ETS). These approaches can be based on investments in renewable energies, the development of services around energy efficiency, or the introduction of clean technologies with low carbon emission.
But today, many manufacturers want to go further and invest in technologies that make it possible to decarbonize not only energy consumption, but the industrial processes themselves. Low carbon strategies are therefore broader today and can include carbon-neutral products and services, CCUS (Carbon Capture Utilization Storage) strategies, as well as carbon offsetting.
Carbon neutrality becomes a sphere of innovation for a more sustainable future.
What are the challenges related to carbon neutrality?
The storage capacities are tremendous. It is estimated that the storage capacity of all the world's saline aquifers is about 10 trillion tons. This represents about 300 years of storage if CO2 emissions remain at 2019 levels (33.3 billion tons of CO2 from fossil fuel use and industry).
However, there are still barriers to be removed, particularly on three levels:
- Economical, because the cost of capture and storage for most sources of CO2 is still much higher than the cost of carbon taxes.
- Regulatory, because some agreements limit the transport of CO2 from one country to another.
- Societal, because there are societal concerns about the sustainability of burying technologies.
Promising opportunities are emerging:
- In the energy sector, for example, CO2 can be used in the synthesis of hydrocarbons such as methane or methanol.
- In the field of chemicals, CO2 can be a reagent in organic syntheses to produce polymers and inorganic carbonates.
- In construction, CO2 can be used to make building materials and accelerate the hardening of concrete.
Hydrogen can be used as a complement to all green energies to satisfy and decarbonize many uses. It can become the pillar of 100% renewable territories.
How do we support you in your carbon neutrality projects or your low carbon strategy?
On challenges related to carbon neutrality, Alcimed supports different types of customers such as:
- National and European institutions and research centers (e.g., ADEME, Ministry of Ecological Transition, etc.).
- Industrial players, namely in the energy, environment, and chemical sectors, etc.
The diversity of our clients, the geographic fields we explore, and the types of projects we develop give us a global in-depth understanding of the issues related to low carbon strategies.
Our projects cover areas as diverse as the development of services around energy efficiency issues, the implementation of CCUS technological approaches to identify the best capture/valorization pairs, new approaches for carbon neutrality, market studies to find business opportunities, the development of business models around CO2, the search for academic or industrial partners, and many others!
The types of projects we carry out for our clients in this field are:
EXAMPLES OF RECENT PROJECTS CARRIED OUT FOR OUR CLIENTS IN THE FIELD OF CARBON NEUTRALITY
Our purpose? Helping both private and public decision-makers explore and develop their uncharted territories: new technologies, new offers, new geographies, possible futures, and new ways to innovate.
Located across eight offices around the world (France, Europe, Singapore and the United States), our team is made up of 220 highly-qualified, multicultural and passionate explorers, with a blended science/technology and business culture.
Our dream? To build a team of 1,000 explorers, to design tomorrow's world hand in hand with our clients.
- Proof of concept
- Voice of Customer (VOC)
- Business case
- Business development
- Business models
- Business plan
- Cluster study
- Collaborative projects
- Commercial strategy
- Competitive analysis
- Customer experience
- Dossier creation
- Due diligence
- Go to market
- Innovation consulting
- Innovation process
- Innovation strategy
- Learning expedition
- Market access
- Market study
- New offers
- New services
- Open innovation
- Opportunity evaluation
- Patient pathway
- Product innovation
- Product launch
- Regulatory framework analysis
- Search for funding opportunities
- Search for partners
- State of the art
- Strategic audit
- Strategic foresight
- Strategic positioning
- Test and Learn
- Value proposition