ABB and Pace join forces to lower CCS costs
Partnership’s offering includes use of digital twin technology to model full chain of a CCS system, the companies tell Carbon Economist
Swiss engineering company ABB recently signed a partnership agreement with UK-based Pace CCS aimed at reducing the risk and capital cost of deploying CCS at industrial facilities. The partnership will focus on the use of digital twin technology, which provides a virtual replica of a physical process or facility, simulating the design stage and allowing for testing scenarios to deliver proof of concept. Carbon Economist met with Johan de Villiers, senior vice-president, global energy accounts at ABB, and Matt Healey, managing director at Pace CCS, to discuss the aims of the partnership and the challenges involved in scaling up operations and building integrated hubs. How has the CCS market ev

Also in this section
10 June 2025
Eni’s CCUS deal with BlackRock’s Global Infrastructure Partners reflects a growing belief among big investors in the CCUS growth story
3 June 2025
Africa faces challenges in adopting CCS but also has vast potential, with the technology being not just a climate tool but a catalyst for development
2 June 2025
Rather than a simple climate option, CCS is now being seen as a workable solution for Africa’s growth strategy
27 May 2025
EU Parliament and Council both agree to exempt bulk of importers from paying a carbon tax on goods imported into the EU