Our approach to developing carbon management strategies goes beyond conventional frameworks and methodologies – it calls for a comprehensive understanding of the entire risk landscape and commercial drivers of an emerging industry characterised by significant uncertainty.

Value chains built around highly interdependent yet financially immature projects. Downstream transport and storage services locked in costly and long-term commitments in undersupplied markets. Revenue streams structured around off-take markets with an unpredictable long-term pricing outlook.

With two decades of experience in working on large infrastructure projects, we help you make fundamental strategic choices about your business model, ownership structure and strategic partnerships – navigating the trade-offs between risk, control and commercial upside.

Carbon capture is incentivised by an increasing variety of use cases and incentive structures. Yet, immature offset markets and a lack of regulatory frameworks and standards mean that even the most cost-efficient projects struggle to develop a financially sound business case. 

We help you understand market structures and mature the business case with substantiated revenue sources. From certificates in voluntary carbon markets and commercialising low-carbon products to developing integrated solutions for carbon utilisation. 

We support the process from identifying suitable off-takers and sales channels to maturing the dialogue by communicating project quality and maturity towards securing final contractual commitment.

At their core, CCUS projects are significant financial commitments in fixed assets and long-term supply agreements, and these commitments are made in markets that remain both immature and undersupplied. This requires a strategic and commercially driven procurement process with balanced risk allocation. 

Our sourcing and procurement services for CCUS projects empower clients to make the right choices when strategising, designing and executing their procurement processes. 

What is the most cost-efficient value chain configuration? Should we secure storage capacity now at a higher cost or source strategically as the market develops? Should we leverage strategic partnerships with individual suppliers or competitive sourcing from multiple suppliers and portfolio managers? 

We provide comprehensive support from vendor selection to contract negotiation, leveraging our deep industry expertise and extensive network to ensure the best fit for carbon capture initiatives.

The lack of established markets and value chains (merchant risk) as well as regulation and industry standards (policy risk) means that emerging low-carbon technologies struggle to provide the same degree of certainty to investors relative to more developed green technologies. 

As a result, developing a sound financing plan requires a combination of proactively mitigating the combined project risks and exploring all available funding sources, including soft funding and green financial instruments. 

Based on our extensive experience in securing financing for some of the largest CCUS projects in Europe, we can help develop a sound financing plan with an optimal capital structure, support due diligence processes with financiers as well as drive application development for available subsidy schemes.

The emergent nature of CCUS means that the project environment is significantly more complex than your traditional CAPEX projects. At the same time, strategic and tactical choices are interlinked and interact with the shifting environment. This calls for active and agile project management, where a comprehensive understanding of the stakeholder landscape and critical strategic choices is at the core of making projects successful. 

We have developed a project management approach in collaboration with research institutions and private companies specifically to run large programmes with high complexity, uncertainty and divisive interests. 

We combine agile elements with robust CAPEX project management approaches to match the dynamic environment in which you develop the project and provide seasoned programme managers to ensure the successful navigation of the project to FID and beyond.