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Global CCS Institute Partnership Proposal — Technology-Enhanced Carbon Integrity

Prepared for Global CCS Institute. Partnership Proposal. Draft in review.

Global CCS Institute Partnership Proposal — Technology-Enhanced Carbon Integrity

Executive Summary

The Global CCS Institute stands at the forefront of carbon capture and storage (CCS) technologies, advocating for their critical role in global decarbonization efforts. As the energy industry grapples with the dual challenges of achieving net-zero emissions while ensuring energy security, the integration of robust monitoring, reporting, and verification (MRV) systems becomes paramount.

DaedArch Corporation proposes a strategic partnership focused on enhancing the integrity of carbon credits through our cutting-edge sensor-based MRV platform. Our technology provides continuous, real-time monitoring of carbon storage sites, ensuring compliance with regulatory standards and fostering trust among stakeholders. By leveraging DaedArch's capabilities, the Global CCS Institute can strengthen its advocacy for CCS, ensuring that the projects tracked in its global pipeline are underpinned by rigorous data integrity and transparency.

This proposal outlines the mutual value of our partnership, the proposed model for collaboration, a pilot program to validate our technology, an integration timeline, and commercial terms that align with our shared vision for a sustainable energy future.

Value Proposition

Addressing Key Challenges in CCS

  1. Data Integrity and Trust: The success of CCS projects hinges on the credibility of carbon credits. DaedArch's sensor-based MRV platform provides ground-truth data that enhances the reliability of emissions reductions claims. This aligns with the Global CCS Institute's mission to advocate for CCS as an essential decarbonization technology.
  1. Enhanced Monitoring Capabilities: Our technology employs advanced sensors and analytics to deliver continuous monitoring of carbon storage sites. This capability supports the Institute's objective of tracking global CCS project pipelines with precision and accountability.
  1. Automated Reporting: DaedArch's automated reporting features streamline the documentation process, reducing administrative burdens for CCS operators. This efficiency supports the Institute's advocacy for policy frameworks that incentivize CCS deployment.
  1. Transparent Verification Chains: Our platform ensures that verification processes are transparent and accessible, addressing one of the key barriers to investment in CCS projects. This transparency is critical for building stakeholder confidence, a priority for the Global CCS Institute.

Strategic Alignment

The partnership between DaedArch and the Global CCS Institute is strategically aligned with the following objectives:

  • Advancing CCS Adoption: By enhancing the integrity of carbon credits through reliable MRV, we can collectively drive the adoption of CCS technologies across various sectors, including heavy industry and power generation.
  • Supporting Policy Development: Our collaboration can inform policymakers on the importance of robust MRV frameworks that incentivize carbon storage and capture technologies, fostering a favorable regulatory environment.
  • Driving Technological Innovation: Together, we can showcase how innovative technologies like DaedArch's MRV platform can complement existing CCS initiatives, demonstrating the potential for scalable solutions in the energy transition.

Partnership Model

Structure

The partnership will operate under a collaborative model, where both organizations contribute expertise, resources, and networks to achieve shared goals. Key components of the partnership include:

  1. Joint Research Initiatives: Collaborate on research projects that explore the intersection of MRV technologies and CCS, producing white papers and case studies that highlight best practices and lessons learned.
  1. Policy Advocacy: Work together to advocate for policy frameworks that support the integration of advanced MRV systems in CCS projects, emphasizing the importance of data integrity in achieving climate targets.
  1. Knowledge Sharing: Facilitate workshops, webinars, and conferences to disseminate knowledge on the importance of MRV in CCS, bringing together stakeholders from the energy sector, government, and academia.
  1. Pilot Projects: Launch pilot programs that demonstrate the effectiveness of DaedArch's MRV technology in real-world CCS applications, providing valuable insights for both organizations.

Governance

A joint steering committee will be established to oversee the partnership, comprising representatives from both DaedArch and the Global CCS Institute. This committee will be responsible for:

  • Setting strategic objectives and priorities.
  • Monitoring progress and outcomes of joint initiatives.
  • Ensuring alignment with both organizations' missions and goals.

Pilot Program

Objectives

The pilot program aims to validate DaedArch's MRV platform in a CCS project setting, demonstrating its capabilities in enhancing carbon credit integrity. Key objectives include:

  • Demonstrating Technology Efficacy: Showcase the ability of our sensor-based MRV platform to provide accurate, real-time data on carbon storage.
  • Building Stakeholder Confidence: Engage with key stakeholders, including project developers, regulators, and investors, to illustrate the value of enhanced MRV in supporting CCS projects.
  • Informing Policy Discussions: Use insights gained from the pilot to inform policy discussions on MRV requirements for CCS projects, advocating for standards that incorporate advanced monitoring technologies.

Implementation Steps

  1. Site Selection: Identify a suitable CCS project for the pilot, ideally one that is already part of the Global CCS Institute's project pipeline.
  1. Technology Deployment: Install DaedArch's sensor-based MRV systems at the selected site, ensuring integration with existing monitoring frameworks.
  1. Data Collection and Analysis: Conduct continuous monitoring over a defined period, collecting data on carbon storage metrics and generating automated reports.
  1. Stakeholder Engagement: Host workshops and presentations to share findings with stakeholders, emphasizing the benefits of enhanced MRV for CCS projects.
  1. Evaluation and Reporting: Assess the pilot's outcomes, documenting lessons learned and recommendations for broader implementation.

Timeline

The proposed timeline for the partnership and pilot program is as follows:

  • Month 1-2: Partnership formalization and establishment of the joint steering committee.
  • Month 3: Site selection for the pilot program.
  • Month 4-5: Deployment of DaedArch's MRV technology at the selected CCS site.
  • Month 6-10: Data collection and continuous monitoring, with interim reports shared with stakeholders.
  • Month 11: Final evaluation of the pilot program and preparation of a comprehensive report.
  • Month 12: Dissemination of findings and recommendations to wider audiences, including policymakers and industry stakeholders.

Commercial Terms

Financial Structure

The commercial terms of the partnership will be designed to ensure mutual benefit and sustainability. Key components include:

  1. Cost Sharing: Both organizations will contribute resources to the pilot program, with specific financial commitments outlined in a formal agreement.
  1. Revenue Sharing: Any revenue generated from the pilot program, such as licensing fees for the use of DaedArch's technology or consulting fees for joint research outputs, will be shared according to a pre-agreed formula.
  1. Intellectual Property: Ownership of any intellectual property developed during the partnership will be jointly held, with provisions for commercialization outlined in the partnership agreement.
  1. Ongoing Collaboration: Following the pilot program, both parties will explore opportunities for ongoing collaboration, including additional pilot projects, research initiatives, and policy advocacy efforts.

Conclusion

The proposed partnership between DaedArch Corporation and the Global CCS Institute represents a strategic alignment of objectives that will enhance the integrity of carbon credits and drive the adoption of CCS technologies. By leveraging DaedArch's sensor-based MRV platform, we can address key challenges in the carbon market, ensuring that CCS projects are underpinned by reliable data and transparent verification processes.

Together, we can advocate for the essential role of CCS in the energy transition, supporting policy frameworks that incentivize innovation and investment in this critical technology. We look forward to discussing this proposal further and exploring the potential for a transformative partnership.

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This document serves as a foundational proposal for collaboration, and we invite feedback and discussion to refine our approach and ensure alignment with the Global CCS Institute's strategic priorities and operational frameworks.

Organisation
Global CCS Institute
Category
Energy Industry
Doc type
Partnership Proposal
Word count
1210

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Disclosure: Draft document prepared for Artrellion stakeholder engagement. Transmittal requires governance approval and recipient-specific customisation.

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