Problem Inventys is Solving
Carbon dioxide (CO2) is one of the main causes of greenhouse gases and is a typical by-product of traditional power generation. As well, a lack of cost-effective CO2 supply is the largest barrier to CO2 enhanced oil recovery (EOR) for light and heavy oil.
Inventys could be a game changer, unlocking the production of large incremental amounts of oil without the need for exploratory drilling or development of new reserves, while paving the way towards carbon-neutral power generation.
The Inventys Solution
Inventys utilizes a thermal swing adsorption gas separation process that removes CO2 from industrial flue gas streams using significantly less energy and requiring lower capital costs than competing systems. Inventys is projecting a capture cost that is less than one fifth the cost of incumbent processes.
Why Chrysalix Invested
Large oil and gas companies are prioritizing low cost CO2 capture as a strategic imperative. The capital efficiency offered through Inventys will make EOR and carbon sequestration economically viable while helping oil production and refining, gas processing and chemical companies reduce their environmental impact.