A total of 230 participants and 45 speakers from around the globe took part in this year’s Innovation Award Ceremony, held as a highlight of the CO2-based Fuels and Chemicals Conference 2025, both in Cologne, Germany, and online. Recognised as one of the leading international gatherings for the Carbon Capture and Utilisation (CCU) and Power-to-X sectors, the 13th edition of the event highlighted cutting-edge developments in this rapidly evolving field.
Six nominees presented their pioneering CCU technologies to a broad audience of international CCU specialists. Attendees then cast their votes in real time to determine the three winners of the “Best CO2 Utilisation 2025” Innovation Award.
The winning innovations – ranging from battery-grade graphite derived from CO2, to non-isocyanate polyurethanes (NIPU), and carbon-negative methanol production – mark important steps towards reducing dependence on fossil-based resources.
Oxylus Energy a US-based company, was awarded third prize for its innovative direct electrochemical method for producing green methanol. The company’s Methanol Producing Electrolyser converts industrial CO2 emissions directly into sustainable methanol using only renewable electricity and water.
This cutting-edge technology enables the production of carbon-neutral and even carbon-negative methanol at a cost competitive with fossil-derived methanol. By transforming CO2 emissions into a liquid product, the process not only facilitates direct decarbonization of industrial outputs but also presents a commercially viable solution to defossilize the hard-to-abate sectors such as aviation, maritime transport, and chemical manufacturing, together accounting for approximately 11 % of global greenhouse gas emissions.
European Biotechnology
Source: https://european-biotechnology.com/background/from-emissions-to-solutions-best-co2-utilisation-2025-innovation-award/