Global energy producer Shell has invested in Value Group, a developer of carbon capture technology for shipping.
Value Maritime is the developer and installer of one of the first commercially viable hybrid carbon dioxide capture and exhaust gas-cleaning systems (Filtree).
“This investment aligns with Shell’s aim to support the development of solutions that can help industries decarbonize, as part of our focus on delivering more value with less emissions,” said Robert Linck, Shell Ventures’ CIO. “Shipping is a notoriously hard-to-abate sector, where volumes have doubled over the last couple of decades and the upward trend is expected to continue.”
The system cleans sulfur, ultra-fine particulate matter and CO2 from ships’ exhaust emissions as well as oil residue and particulate matter from the vessels’ washing water. As a result, the Filtree System supports both the lowering of CO2 emissions and a reduction of acidif