Innovatium, a leading Scottish low carbon technology company, hosted a fact-finding visit from delegates of the Singaporean Climate Change Secretariat this week (June 21).
The delegation was headed up by:
• Cindy Khoo, Deputy Secretary of the Prime Minister’s Office Strategy Group (PMO-SG)
During the visit, which was hosted at the National Manufacturing Institute Scotland (NMIS), the delegation was shown how Innovatium’s novel PRISMA (Peak Reduction by Integrated Storage and Management of Air) technology has the potential to be a game-changer in the field of industrial decarbonisation. It stores energy in liquid air form to provide compressed air, allowing inefficient partially loaded, variable-demand compressors to be turned off. It has the potential to play a significant role in the decarbonisation of intensive energy companies across a wide range of sectors, and early data shows that Prisma can deliver up to 25% energy savings as well as hours of back-up energy storage. Innovatium’s tech portfolio can be applied to power generation, CO2 and H2 storage by liquefaction, and cooling.
Senior members of the Innovatium team were joined by Kevin Liu, Scottish Development International’s Head of Energy and Low Carbon Transition (Asia Pacific).
The Singapore National Climate Change Secretariat, established under the Prime Minister’s Office (PMO), has been tasked with developing and implementing Singapore’s domestic and international policies and strategies to tackle climate change. It’s visit to Scotland is off the back of COP26 and forms part of a UK-wide fact-finding mission. Through the Singapore Green Plan 2030, the city state aims to transition to a low-carbon economy and advance the national agenda on sustainable development.
To combat the impact of climate change, the Singaporean government is studying emerging advanced low-carbon technologies as potential longer-term options to reduce Singapore’s carbon emissions and improve energy efficiency.
Simon Branch Co-Founder and CEO of Innovatium, commented: “We were pleased to welcome the delegation from the Singapore government. With Singapore seeking solutions that not only reduce carbon emissions but improve energy efficiency, it was a great opportunity to show them our liquid air energy storage (LAES) energy efficiency technology and highlight how this could work in their own country.”
PRISMA is a successful recipient of Department for Business, Energy and Industrial Strategy (BEIS) funding under the Government’s Industrial Energy Efficiency Accelerator (IEEA) programme, managed by the Carbon Trust.