PARIS--(BUSINESS WIRE)--Solidia Technologies® joined industry leaders today at the International Energy Agency’s (IEA) Carbon Capture, Utilisation and Storage (CCUS) Policy and Investment Workshop for discussions on advancing worldwide adoption of CCUS technology.
Presenting on “What role can CCU play in CCUS deployment?” Solidia’s Director of Business Development Brian Leary shared “Making Sustainability Smart Business: Driving CO2 Demand by Creating Opportunity across a Value Chain.”
“Within five years, Solidia’s need for CO2 will more than double the existing CO2 market,” explained Leary. “Collaborating with IEA, we hope to help develop a robust CCUS infrastructure, transforming a pollutant into a valuable commodity and advancing sustainable technologies.”
The workshop followed the IEA World Energy Roundtable where Solidia CEO and President Tom Schuler spoke on the role of commerce in advancing sustainable innovations. "The shift from seeing sustainability as an opponent of profitability to seeing it as an asset is happening right now, and IEA is on the cutting edge of it," commented Schuler.
The annual IEA Roundtable convened energy, finance and industry experts to provide insights for IEA’s report, World Energy Investment 2018, and the interaction of investment, technology and policies. Today’s Workshop brought together leaders in industry, government and finance to confer on commercial deployment of CCUS worldwide as a key emissions mitigation technology.
“We have the potential to make a big impact on carbon issues. Cement and concrete is a big market where big change is needed and can be absorbed, with the potential for tremendous societal benefit,” said Schuler. “We’re working with status quo markets — 200 years with no significant innovation…that’s a huge opportunity. We need to create a CO2 pipeline. Support from institutions like IEA helps further that cause.”
Solidia’s systems produce a sustainable cement and cure concrete with CO2 instead of water, while utilizing manufacturers’ existing infrastructure, raw materials, formulations and production methods. Stronger, more durable and higher performing than traditional concrete, Solidia Concrete™ products cost less to produce, reduce water and energy use, and cure in less than 24 hours.