FROM THE CEO’s DESK

FROM THE CEO’s DESK

“Inflection point” is commonly used to refer to a specific moment or stage when a significant change occurs, often indicating a shift in direction, behavior, or outcome. That point has certainly arrived around the transformation of our current energy system. Each year, this month, when we celebrate Global Energy Independence Day, we are reminded of our collective imperative to make the transition to clean energy, toarrest, if not reverse, the catastrophic damage from GHG emissions that now endangers our very existence.

As we are all aware, renewable energy sources such as solar, wind, hydro and geothermal, have gained substantial traction in recent years as viable and sustainable alternatives to traditional fossil fuels. However, the industrial sector, one of the largest emitters of GHGs, and rightly termed as ‘hard-to-abate’ because it is difficult to decarbonize, poses a significant challenge in our journey towards a cleanenergy future. 

To address this challenge comprehensively, we require the adoption of a multifaceted approach that combines various levers that include industrial scale technologies for CCUS, low-carbon energy carriers like hydrogen, waste gas transformation into value added products,access to a growing pool of clean energy solutions, and a robust infrastructure capable of integrating these technologies into existing energy systems. Additionally, the role of supportive policies developed specifically to help hard-to-abate industries in their energy transition journey cannot be overstated.

The techno-economics involved in providing these innovative solutions for hard-to-abate sectors is crucial.Viable options must factor in the developmental stages of various technologies, the impact of financial incentives, subsidies, carbon pricing mechanisms and costs associated with deploying CCUS and hydrogen production at industrial scale.

At Dastur Energy, we are enabling industry partners in testing and putting techno-economically sound strategies to work, with approaches that innovatively combine CCUS processes, while producing value-added chemicals and blue hydrogen, and exploring carbon storage opportunities. Our growing success in implementing these strategies for our clients in the US and India, in projectsfunded by US Department of Energy (USDOE), the US Trade and Development Agency (USTDA), and the Government of India, among others, makes me confident that we can cross the transition barriers in our journey towards a new global energy system.

Time is of the essence. Speed and scale of transformation are the keys to success. This can only happen through a community of dedicated technologists, industry captains, investors,and sensitizedpolicymakers,who are able and willing to grasp the criticality of agile and exigent decision making.We need forward thinkers who can balance ROI concerns against the larger consequences of delayed action,and understand that in this scenario, the turtle will not win the race. We must leap into the future, now.

ABOUT DASTUR ENERGY

Dastur Energy Inc. (Dastur Energy | Clean Energy Technology Company) based in Austin, TX, is fastemerging as an industry leader incommercial scale clean energy transition and carbon management solutions for ‘hard to abate’ industries. Led by our CEO, Atanu Mukherjee ((8) Atanu Mukherjee | LinkedIn) one of the most sought after thought leaders and industry experts in the decarbonization space today, the company has been pioneering innovative projects in North America, India and the Middle East. We provide techno-economically sound strategies that effectively combine decarbonization of existing processes while producing value-added chemicals and blue hydrogen.While leading Dastur Energy, Atanu has been engaged by the Govt of India (NITI Aayog) to define India’s path forward towards its net zero goals; heis also advising individual ministries. He has been providing the US Department of Energy with technical expertise anddriving a lot of collaborative activity in this domain across India and the US through his role as the Regional President of the American Chamber of Commerce. To helpsteer the company towards its goal of becoming a global leader, the company hasassembled a robustboard of internationally renownedacademics and practitionersdrawn from multiple related disciplines (About – Dastur (dasturenergy.com)), while also growing a senior leadership team deeply invested in our clients’ energy transition journey.

In a span of just three years, since its inception, Dastur Energy has quickly mapped out a presence in decarbonization projects across the globe. Our techno economic analyses and advisory projects are highly valued by both private and state-owned enterprises in the US, India and the Middle East, where our services include feasibility studies, Pre-FEED and FEED analyses,initial design engineering and systems integrationservices at various points in our clients’ transition journey. In addition, we have been providing policy guidance to national governments and ministries.

Some of our key projects are listed below:

Region Client, Country Project Services
America
Cleveland-CLIFFS (USDOE supported), Ohio, USA.
Initial design engineering, integration with BoP and costing to enable production of green steel through Co2 capture from BF gases at the 5 MPTA Burns Harbor Steel Plant.
Mid-East
ADNOC, UAE
Pre-Feed feasibility study for a coal and petcoke gasification project, for CO2 capture and Enhanced Oil Recovery (EOR) integrated with methanol, IGCC, ammonia and H2 production.
South Asia
IOCL, Gujarat, India
Feasibility study to evaluate the technical economic viability of CO2 capture and utilization for IOCL’s Koyali refinery.
South Aisa
Government of India, New Delhi, India
Policy advisory services for the development of a CCUS framework and deployment mechanism.

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