We help Refinery owners assess decarbonization options across three horizons: 1) short-term: robustness of improving the existing fossil business with outlook on throughput, slate optimization, GRM, energy efficiency, electrification and renewables integration, 2) mid-term: bio/waste/residual gas-based feedstock conversion and (co)processing, switching to non-carbon fuels, and carbon capture and storage for blue hydrogen production, and site integration (e.g., heat) and 3) long-term investments in green and low-carbon fuels and feedstock production and value chain integration. We can support these site/asset transformations from setting the strategy and creating decarbonization merit order curves to capital project investment and delivery. Our teams bring strong industry, commercial and technical expertise and integrate additional subject matter experts seamlessly.

Large scale investments in assets and infrastructure to transport, store and convert new energy flows (hydrogen, ammonia, methanol, CO₂, biogas, fuels, olefins, power, heat) are critical to decarbonize hard to abate industries. We support asset and infrastructure owners, developers and investors making robust investment decisions in dynamic global markets.

We help Chemicals companies identify alternatives for fossil feedstock sourcing to decarbonize end-products and serve front-runner consumer segments with sustainable products, increase supply chain resilience, and reduce exposure to oil price shocks and supply consolidation. We comprehensively understand the landscape of carbon capture and utilization (CCU) technologies, business models and ability to scale and required enablers. Our expertise covers most promising technology and carbon feedstock pathways to produce valuable end-products (synthetic, advanced bio and recycled-carbon) including mechanical and chemical recycling, and ethanol/methanol-to-olefins for virgin sustainable chemicals. We can also assist in new value chain development, e.g., integrating bio-ethylene and/or bio/e-methanol in production value chains.

We help investors make better investment decisions in the energy and feedstock transition at every stage of the deal cycle, from investment strategy and deal sourcing, opportunity screening and due diligences (DDs), to post-deal value creation, portfolio decarbonization, exits and funding rounds.

We support power plant operators transition their assets and portfolios from gray to green and remain competitive in a changing generation mix across short, mid, and long-term time horizons. The scale-up of renewable energy sources (wind and solar), phase-out of coal, and the introduction of biomass and ammonia (fired in thermal power plants) and hydrogen (in hydrogen ready CC/OCGT facilities) as low-carbon fuels to produce power presents significant challenges and opportunities. We help decarbonize fossil generation assets with biomass conversion and switching to non-carbon fuels. We help balance tradeoffs between the capture and storage of CO₂ against the utilization of captured carbon and BECCS solutions in downstream green molecule production. The full energy transition potential is captured in comprehensive site conversion masterplans that look beyond existing asset decarbonization and site integration and involve low-carbon and green molecule production, import/export, and conversion (e.g., blue hydrogen, green methanol, etc.). In addition, we support the development of bio- and agro-based renewable natural gas portfolios and heat-networks to work towards a net-zero power mix.

We support players along the value chain in scaling and integrating sustainable aviation fuels production in existing fuel supply chains. We help airlines and fuel suppliers that need to transition from fossil kerosene to bio/e-SAF understand various technology and feedstock pathways, their relative cost and time horizons when these fuels will become available and at what scale. We help identify and screen supply projects and understand key uncertainties and sensitivities to support sound investment decision in long-term offtake and equity investment deals. Our technology expertise covers all mature and emerging production pathways for the various types of SAF with different carbon intensity and qualification (RFNBO, Advanced Bio-Fuel, etc.). We leverage our insights on bio/e-SAF production projects as well as on potential precursors and feedstocks (waste oil, biomass, biogenic CO₂, green hydrogen, bio/e-Methanol, and 2nd generation ethanol). Our policy and regulation expertise contributes to understanding demand and pricing dynamics and supply optimization (physical through mass balancing and over-time between years). New assets and infrastructure are required to integrate fragmented clean molecule supply flows in existing supply chains connecting to major hubs and establish new flows to serve distributed smaller airports.

We help Steel companies source competitive blue/green hydrogen to decarbonize primary production, either using local production or through import, leveraging our deep understanding of competitiveness of different export hubs around the world. We also help make strategic choices about global production footprint and making trade-offs between location of steel demand and production cost driven by competitiveness of renewables, cost of blue and green hydrogen and natural gas (with CCS) in different geographies.

We help shipping companies and bunkering providers understand the emerging supply landscape, potential economics, and contracting models for the adoption of clean fuels. We support sound investment and decision making in long-life assets and offtake deals.

Our strategy consulting services cover the full business cycle from defining the ambition and strategy – for decarbonizing existing assets, expanding into adjacent areas, and building sustainable businesses – to the implementation of the strategy.

Our investment and transaction support covers every stage of the deal cycle, from investment strategy, deal sourcing, opportunity screening and due diligences (DDs), to post-deal value creation, portfolio decarbonization, exits and funding rounds. We develop investment strategies across new energy and feedstock value chains and support investors making portfolio decisions. We help identifying and qualifying investment opportunities using our proprietary screening methodology for clean energy projects. We provide commercial and technical due diligence support across the full transaction cycle from initial non-binding offer stage to deal closing. Our post-deal value creation services cover the optimization of decarbonization plans and large/complex capital projects, including the broader (energy transition) strategy and required organization capabilities and investments. This can both be grey-to-green transformations of existing assets as well as greenfield new energy capital projects. Furthermore, we provide vendor due diligence (VDD) and assistance to help businesses articulate their value creation potential and equity story to attract potential investors (equity and debt), strategic buyers and/or partners.

Our “project delivery as a service” provides a unique solution for developing large and/or complex new energy projects end-to-end with active risk and value management to stay ahead in dynamic and evolving markets. We integrate the full set of required capabilities and offer a disciplined execution process to support business from idea generation to project delivery. We deliver large scale capital projects and emerging technology scale-ups/commercialization for the production, transport, and storage of clean molecules. We act on behalf on project owners and bring a combination of strong Power2X in-house expertise, complemented with external experts from our partners and subcontractors for specialist scopes of work. (e.g., engineering, environmental and permitting, subsidies). We support asset, technology, and businesses owners at each step of the project delivery cycle: