How can we transport CO₂ from industrial capture flexibly and safely to storage sites? This question is central to Europe's climate efforts – and it is precisely this challenge that IC Technology wants to solve.
Selskapet er nytt medlem i Aggrator, og ble grunnlagt av Otto Skovholt som har bl.a. forsket på kryogen lagringsteknologi og CO₂ transport i Statoil (nå Equinor) tilbake til 1990 tallet. Selskapet har nylig endret fokus fra flytende hydrogen til flytende CO₂, og satt inn Espen Krogh som daglig leder. Han har lang erfaring som gründer og leder, blant annet som CEO og CTO i teknologiselskapet Prediktor (nå en del av TGS).
IC Technology is developing a new type of tank for liquid CO₂. These tanks can carry about 40 percent more than current solutions and are built as standard ISO containers. This means that the captured CO₂ can be transported using regular container ships and logistics services – a flexible solution that makes transportation much easier and cheaper.
Together with a digital platform that documents content, purity and ensures compliance with new regulatory requirements, the solution provides a flexible and scalable way to build out the entire CCS (Carbon Capture and Storage) value chain in Europe.
– We see a great need for more cost-effective and flexible solutions for CO₂ transport. Our technology can lower both capital and operational costs, as well as reduce lead times in connecting capture to storage, thereby helping to accelerate the rollout of CCS in Europe, says CEO Espen Krogh.
IC Technology's solution is specifically aimed at small and medium-sized capture facilities. These constitute 90% of all future capture facilities in Europe, and as of today they have challenges in finding storage destinations and getting direct agreements with the large storage hubs, since these focus on the 10% largest capture facilities.
The reason is that industrial companies are increasingly having to pay for their CO₂ emissions. New regulations and investments in capture and storage mean that Europe is investing heavily in this area. Over 100 billion euros have already been set aside in support schemes, where companies can more than double their equity through EU funding.
IC Technology has received support from the CLIMIT program and is now planning a feasibility study in 2025 together with, among others, andre DNV, Sintef, Leirvik and Kingsrød. Pilot projects are to start in 2026, before commercial operation in 2027.
Vi i Aggrator gleder oss til å jobbe tett med IC Technology på denne reisen. Salvador Baille blir selskapets Key Account Manager hos oss.
Image is AI generated and shows from left Espen Krogh (CEO), Otto Skovholt (founder and board member), Rolf Sørli (board member) and Steinar Sælid (owner) and Sturle J Berg (chairman).