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"Introduction to Carbon Neutrality Technology" - A Seminar for Ivy Capital
Aug 22, 2022 Carbon Baseline

Shanghai (September 16, 2021) - Carbon Baseline, the leading digital solutions & consulting service provider sophisticated at carbon neutrality and green finance, held a seminar for Ivy Capital on the topic of "Introduction to Carbon Neutrality Technology". In this seminar, Shan Rui, co-founder & CTO of Carbon Baseline, presented topics covering four aspects:

  • Overview of Various Carbon Neutrality Technologies

  • How IT Helps Carbon Neutrality

  • Breakthrough of Traditional Energy

  • Analysis of Carbon Capture Technologies

Carbon neutrality will have impacts on almost all industries. In this context, carbon neutrality technologies are beneficial for reducing carbon emissions in industries such as industrial manufacturing, agriculture, forestry, fisheries, and transportation. This will contribute to the formation of a nature-based carbon sequestration solution. In addition, carbon neutrality technologies can support in areas such as carbon finance, carbon accounting and certification, and climate change.

As Rui Shan introduced, IT will provide key value to carbon neutrality. For example, NCX (Natural Capital Exchange) uses data collection and analytics to determine carbon emission reductions, thereby improving market efficiency. In different scenarios of company’s production and operations, production supply chain and carbon credit supply, and strategic decision, technologies such as optimization models, data collection and storage, and predictive models can provide with advanced solutions.

Carbon neutrality technologies can also open up new avenues for conventional energy sources. Taking the traditional energy generation industry as an example, the transformation of the industry can be divided into three stages: short-, medium- and long-term. Carbon Baseline has developed solutions for each of the stages.

Solutions for short-term (with results visible within 5 years) are as follows:

1. Carbon trading (so-called greenhouse gas emissions trading) is used to quickly solve carbon emissions under pressure, but this may bring challenges to business operations.

2. In order to obtain more profits, flexibility and digital transformation can be carried out. Based on an appropriate market mechanism, companies are able to obtain more profit margins and to eliminate certain inefficient competitors.

3. Through fuel pretreatment and boiler retrofit to improve the combustion efficiency of the unit and reduce carbon emissions given the same output level.

In addition, measures such as thermal storage retrofit, biomass fuel and coal-to-gas conversion are categorized as medium-term solutions (mature and economical solutions in 5-10 years). Measures such as retrofitting carbon capture and replacing natural gas with hydrogen are long-term solutions (mature and economical in at least 10 years). Furthermore, Carbon Baseline provides corresponding solutions for different industrial chains, both upstream extraction and downstream distribution.

Rui Shan also introduced CCUS (carbon capture and storage), artificial carbon capture and other related information. Carbon Capture Storage (CCS) is a key technology that can reduce carbon dioxide emissions from large fossil energy consumers. Meanwhile, it is one of the most promising methods to reduce carbon emissions and an alleviator of global warming.

Carbon Baseline is committed to helping our clients solve their most urgent challenges encountered along the path of realizing sustainability goals. With our global vision and industry experience, we provide our clients with a full life-cycle solution from climate change strategy planning to implementation.


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