- Fossil fuels will remain the dominant (by volume)
energy source for several decades to come as
consumption efficiency gains and the emergence of alternative energy sources are offset by forecast global economic growth.
- Over time, the supply /demand balance
is more likely to increase fossil fuel prices in real terms.
- Climate change awareness will drive regulatory
led change which, by its nature, will put pressure on many
companies to address their energy consumption and emissions
as a ‘follower’ rather than a ‘leader’,
with the operating and financial pressures that this brings.
- Environmental awareness and a pro-active
approach to energy and emissions consumption can lead to
sustainable Corporate advantage.
In late 2005, the founders established
OXYOL and set out to create a cleaner energy solutions company.
Key to OXYOL's early focus was the identification of fossil
fuel solutions that offered immediate commercial payback
as opposed to the usual 'cost of compliance'. Our research
took OXYOL to the U.S., where the opportunity
for the O-ACES product range was identified, offering solutions for
today and tomorrow and met the payback criteria.
Previously only available in the U.S. and
latterly in China, OXYOL has brought the O-ACES range to Europe
for the first time in late 2006 and it is now undergoing Proof
of Benefit programmes across a range of industry applications.
In addition, OXYOL has established a research
partnership with the University of Bath led by their Mechanical
Engineering Department (with the support from The Chemistry
Department) in alternative fuel research as well as specific
product development and evaluation projects.
OXYOL’s senior investor is Tudor Group (www.tudorfunds.com),
a $15bn investment corporation.