NZTC was created in 2017 as part of the Aberdeen City Region Deal (ACRD), with £180 million of UK and Scottish government funding to be the go-to technology centre for the North Sea energy industry. Since its inception, the Centre has been at the forefront of technology development and deployment, securing the reputation as a visionary and pioneer in disruptive innovation. The strategy to create an independent commercial business, exclusive of ACRD funding, builds on the Centre’s extensive success and provides an additional source of funding to the overall innovation activities of NZTC.
Two new solutions are introduced with the launch, Technology Roadmapping and Technology Due Diligence, both of which are powered by the Net Zero Technology Services proprietary NetZeroTS database.
The Technology Roadmapping solution provides organisations with high carbon emitting plants and assets unmatched insight and foresight into proven, emerging and future technologies across zero emissions power, zero routine flaring, venting and fugitive emissions. It determines which innovative technologies can be adopted and deployed across assets to help achieve decarbonisation goals.
Technology Due Diligence provides insight to help investors make better technology investment decisions; ascertaining the legitimacy of a technology, its true technology readiness level, gaps in readiness and scalability, and how investable it is.
The new solutions are already being actively used by industry and investors, with a number of successful pilots underway and Technology Due Diligence scopes delivered.
“This is an exciting time for NZTC as we expand our offering and capability with the launch of Net Zero Technology Services and its associated solutions” said Luca Corradi, Director, Net Zero Technology Services. “We’re responding to market demand with organisations asking for specific technology innovation insight. For industry, decarbonising operations and understanding the viability and readiness of technology is complex. We break that complexity down helping asset owners leverage technology and investors take the guess work and risk out of their next technology investment. We’re immersed in innovation and technology trends and with this brings unmatched insights.”
Colette Cohen, CEO, Net Zero Technology Centre, added that the launch is a significant achievement for NZTC as it evolves its strategy and operating model to encompass a much broader service offering.
“Providing organisations with insight which will be invaluable to their operations and investment decisions, our new Technology Services business builds on the extensive expertise NZTC has developed and honed over the last five years” said Ms Cohen.
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