Home NEWSBUSINESS Scottish net-zero companies’ predicted £70m export sales

Scottish net-zero companies’ predicted £70m export sales

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Of those corporations, 14 reported forecast export gross sales of £66.74 million over three years, with three already reporting enterprise gained as a consequence of their participation. 94% of the delegation additionally acknowledged they discovered the programme invaluable, with 545 new contacts made.

The determine was introduced within the COP28 Outcomes report.

Internet Zero Secretary Màiri McAllan welcomed the findings, saying: “The enterprise delegation helped to showcase Scotland’s web zero ambitions on a worldwide stage, in renewable power and different key areas of curiosity, and demonstrated that Scotland is greatest positioned to draw very important funding into our web zero industries, notably within the North East.

The Herald: First minister Humza Yousaf at COP28First minister Humza Yousaf at COP28 (Picture: Getty)

However who’re these corporations? And the way are they remodeling the trail to web zero?  The listing of 19  that attended the summit in Dubai included carbon seize builders, satellite tv for pc corporations, a bioproduct pioneer and a photo voltaic flat-pack agency.

The digital and house race

Satellite tv for pc and digital applied sciences provide key solutions to how we monitor issues or discover options on the trail to web zero. COP28 delegate Digital Content material Evaluation (D-CAT) makes use of satellite tv for pc imagery for a spread of functions together with predicting crop yield and detecting forest fires and deforestation.

Glasgow-based Krucial just lately introduced it had secured a  European House Company contract to work on the event of a cutting-edge water-resilience monitoring and evaluation instrument to deal with world water stress.

On the announcement of the deal, Allan Cannon, co-founder and CEO, mentioned: “This undertaking has the potential to enhance the lives of billions of individuals, utilizing the most recent house and analytics expertise to profit water basins throughout each nook of the globe by enabling data-led interventions and practices.”

Carbon seize and storage

A number of of the important thing corporations that attended COP28 have been concerned within the improvement of carbon seize – a key expertise for world web zero plans round which there’s nonetheless quite a lot of doubt. 

One in all these was Storegga, the lead developer of the Acorn undertaking, which was final yr granted ‘Observe 2’ standing by the UK authorities – which means it might be eligible for funding from a £1bn pot so long as it’s operational by 2030.

The Acorn Challenge goals to seize 5.6 million tonnes of CO2 a yr from fuel terminals at Peterhead by 2030 – with an intention to extend that finally to twenty million. Storegga plans to inject compressed  CO2 into reservoirs beneath the North Sea.

The corporate’s web site describes these as “safe, monitored geological formations typically inside or adjoining to websites from which carbon within the type of oil, fuel or coal was held for hundreds of thousands of years – basically placing the CO2 again the place it got here from.”

Earlier this yr, Abu Dhabi Nationwide Oil Firm acquired a ten.1 p.c stake within the firm. Final month Exxon Mobil signed a memorandum of understanding to take part within the Acorn Challenge.


READ MORE: COP28, the important thing questions and what it means for Scotland

READ MORE: ‘Gaping chasm’ in local weather plan after carbon seize hopes downgraded

READ MORE: Carbon cluster plan to offer Aberdeen jobs enhance


One other firm working in carbon seize was CCU Worldwide, whose intention is to create programs that may convert carbon dioxide emissions into on a regular basis client merchandise.

It just lately introduced that it had developed a brand new refinement and seize system which will probably be used on the Holmen Iggesund Paperboard Mill in Cumbria. The plan is that the carbon harvested from the chimneys on the web site will probably be used for the manufacturing of detergents and different client items.

The corporate described the undertaking as “a big step in direction of probably decreasing the reliance on oil and fuel extraction for client items (and different chemistry-based merchandise) manufacturing.”

The Herald: Bottle cap plastic purified by ReventasBottle cap plastic purified by Reventas (Picture: Reventas)

Incredible with plastic

Different corporations are being inventive with supplies. One in all these, Reventas, Who’re Scottish net-zero corporations set to make £70 million export gross sales? has created ground-breaking expertise to deal with plastic waste. The method purifies and removes plastic waste of all contaminants permitting the creation of an “ultra-pure virgin like plastic”.

Energy from the solar

Photo voltaic innovation was additionally represented at COP28. Among the many Scottish corporations was Aquatera, an Orkney agency which has helped construct a solar-powered model of the standard “banca” boats used within the Philippines, which historically would have been powered by diesel engine.

Dundee-based SolarisKit has created a flat-pack photo voltaic package, designed to assist warmth water in among the world’s poorest international locations. Earlier this yr the photo voltaic expertise, which has already been put in in Rwanda and Ghana, was put in at a primary business web site in Kenya, an reasonably priced housing undertaking.

Hydrogen car pioneers

A hydrogen expertise firm was additionally among the many COP28  group. Hydrogen Car Options just lately examined a hydrogen truck pulling its first trailer, its plan to create the technoloyg for hydrogen gas cell primarily based heavy good car operations. These would emit “solely water” from the tailpipe.

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