Achi news desk-
Of these companies, 14 of these companies reported forecasted export sales of £66.74 million over three years, with three already stating that business had been gained due to their involvement. 94% of the delegation also said they found the program valuable, and 545 new contacts were made.
The figure was published in the COP28 Outcomes report.
Net Zero Secretary Màiri McAllan welcomed the findings, saying: “The business delegation helped showcase Scotland’s net zero ambitions on a global stage, in renewable energy and other key areas of interest, and showed that Scotland who are in the best position to attract vital investment to our organisation. net zero industries, especially in the North East.
But who are these companies? And how do they transform the path to net zero? The list of 19 who attended the summit in Dubai included carbon capture developers, satellite companies, a bio-product pioneer and a solar flat pack company.
The digital race and space
Satellite and digital technologies offer key solutions to how we monitor problems or find solutions on the path to net zero. COP28 delegated Digital Content Analysis (D-CAT) uses satellite imagery for a range of applications including crop yield prediction and forest fire and deforestation detection.
Glasgow-based Krucial recently announced that they have secured a European Space Agency contract to work on developing a cutting-edge water resilience monitoring and analysis tool to tackle global water stress.
Announcing the deal, Allan Cannon, co-founder and CEO, said: “This project has the potential to improve the lives of billions of people, using the latest space technology and analytics to benefit watersheds in every corner of the world by enabling data-led interventions and practices.”
Carbon capture and storage
A number of the key companies attending COP28 were involved in the development of carbon capture – a key technology for global net zero plans that remains in doubt.
One of these was Storegga, the main developer of the Acorn project, which last year was given ‘Track 2’ status by the UK government – meaning it would be eligible for funding from a £1bn fund as long as it operational by 2030.
The Acorn Project aims to capture 5.6 million tonnes of CO2 per year from gas terminals in Peterhead by 2030 – with the aim of eventually increasing that to 20 million. Storegga plans to inject compressed CO2 into reservoirs under the North Sea.
The company’s website describes these as “secure, monitored geological formations, often within or adjacent to sites where carbon in the form of oil, gas or coal was trapped for millions of years – putting the CO2 back where it came from.”
Earlier this year, Abu Dhabi National Oil Company acquired a 10.1 percent stake in the company. Last month Exxon Mobil signed a memorandum of understanding to participate in the Acorn Project.
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Another company working in the field of carbon capture was CCU International, whose aim is to create systems that can convert carbon dioxide emissions into everyday consumer products.
It recently announced that it has developed a new refining and holding system which will be used at Holmen Iggesund Paperboard Mill in Cumbria. The plan is that the carbon harvested from the chimneys on site will be used to produce detergents and other consumables.
The company described the project as “a significant step towards reducing the reliance on oil and gas extraction for the manufacture of consumer goods (and other chemical-based products).”
Fantastic with plastic
Other companies are getting creative with materials. One of these, Reventas, Who are Scotland’s zero-net companies to make export sales of £70 million? has created innovative technology to tackle plastic waste. The technique purifies and removes plastic waste of all contaminants allowing the creation of “ultra-pure virgin like plastic”.
Power from the sun
Solar innovation was also represented at COP28. Among the Scottish companies was Aquatera, an Orkney company that has helped build a solar-powered version of the traditional “banca” boats used in the Philippines, which would traditionally have been powered by a diesel engine.
Dundee-based SolarisKit has created a flat-pack solar kit, designed to help heat water in some of the world’s poorest countries. Earlier this year the solar technology, which has already been installed in Rwanda and Ghana, was installed on the first commercial site in Kenya, an affordable housing project.
Pioneers of hydrogen vehicles
A hydrogen technology company was also among the COP28 group. Hydrogen Vehicle Solutions recently tested a hydrogen truck pulling its first trailer, its plan to create the technology for heavy duty vehicle operations based on hydrogen fuel cells. These would emit “water only” from the tail pipe.
