KEY TAKEAWAY

PART 1: INHALE

The technology has the potential in the future to reduce carbon emissions further when the grid is fully decarbonised and when adding more renewables will no longer benefit the grid.

However, it’s important to highlight we need renewables first. The grid should first be decarbonised with renewables before installing these technologies – which gives time to reduce the cost and embodied carbon of the equipment.

We think this technology could be explored in buildings where PV can’t be an option.

This technology is likely to be relevant in the future in our effort to fight climate change if it manages to reduce energy consumption and material use. The fact that the technology is widely scalable (only requires space provision in plantroom) makes it all the more interesting, it could be installed on both existing and new buildings.

The financial impacts need to be considered carefully. Where PV panels will become more financially viable as utility costs increase, the carbon capture will become more expensive. This is a reversal of the carbon impact, where PV will become less beneficial with a decarbonising grid, and carbon capture will be more beneficial.