MHI and IBM Japan to develop CCUS visualisation platform

May 09 2021


Visualization of the CCUS value chain and streamlining of the CO2 supply chain will highlight existing issues and expand the range of utilization options.

Mitsubishi Heavy Industries and IBM Japan, to contribute to the realization of carbon neutrality with net zero carbon dioxide emissions, are partnering to develop CO2NNEX(TM), a digital platform that aims to advance the transition to a new society in which emitted CO2 is used as an industrial input.

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Currently, the only alternatives for recovered CO2 are either storage and processing at a disposal cost, or trading as a feedstock. To enhance viability for CO2 as an industrial input, it will be crucial to expose the current issues and challenges in the CCUS value chain and create a structure that optimizes all aspects of the supply chain process, including recovery, transport, storage, distribution, and conversion.

To achieve this goal, MHI and IBM Japan plan to use CO2NNEX to enhance the transparency of the CCUS value chain. Currently, CO2 is only visible at each step, such as the total amount captured, or the amount that is transported, traded, and stored. Linking and visualizing this data and providing traceability will permit verification from an investment and cost standpoint.

The system will also expand the scope of CO2 utilization by matching CO2 emitters with companies who are able to use it, providing supply for new applications in such sectors as industry, agriculture, and alternative e-fuel. A more dynamic ecosystem will promote carbon neutrality, and with the early adoption of CO2NNEX and strengthening of the CO2 supply chain will accelerate global environmental protection.

CO2NNEX is a digital platform that uses blockchain to guarantee neutrality and fairness and ensure advanced information security, along with cloud services for rapid development and flexibility, and AI to optimize supply and demand for earlier carbon neutrality. MHI and IBM Japan will utilize their respective strengths for the development, handling the areas outlined below. Evaluation of the business is planned to begin with a Proof of Concept (PoC) for the digital platform’s verification and deployment, which will be conducted from May 2021.

MHI will draw on its technology for exhaust gas CO2 recovery and worldwide commercial installations, together with its long-established relationships with customers and knowledge regarding potential issues in the CCUS value chain, to validate the building of infrastructure in the physical world, including installing smart meters to monitor the physical volume and state of CO2 at each point in the value chain, encompassing emission, capturing, compression, transport, storage, distribution, and utilization, and effectively use the collected data.

MHI said it is committed to strengthening and diversifying its CO2 capture and utilization business – CO2NNEX is an important part of this effort, which will help ensure the energy transition's success toward realizing a carbon neutral world.

Mitsubishi Heavy Industries


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Issue 80 - Mar - Apr 2020

CCUS in the U.S.: Decarbonising the U.S. energy system by accelerating innovation .. Carbon Capture Coalition policy blueprint to accelerate CCS .. ExxonMobil to invest $3 billion in low carbon Drax applies to build BECCS power plant .. O.C.O Techno.....