{"id":530,"date":"2022-11-23T20:27:21","date_gmt":"2022-11-23T20:27:21","guid":{"rendered":"https:\/\/blogs.autodesk.com\/autodesk-foundation\/?p=530"},"modified":"2024-04-04T14:33:58","modified_gmt":"2024-04-04T20:33:58","slug":"our-investment-in-m2x-energy","status":"publish","type":"post","link":"https:\/\/blogs.autodesk.com\/autodesk-foundation\/2022\/11\/23\/our-investment-in-m2x-energy\/","title":{"rendered":"Our investment in M2X Energy"},"content":{"rendered":"\n<div class=\"wp-block-cover alignwide is-light is-style-adk-banner has-black-color has-text-color has-link-color wp-elements-557ec1d2d1677387fe3a9957632c5c9e\"><span aria-hidden=\"true\" class=\"wp-block-cover__background has-white-background-color has-background-dim-0 has-background-dim\"><\/span><img loading=\"lazy\" decoding=\"async\" width=\"1872\" height=\"1260\" src=\"https:\/\/blogs.autodesk.com\/autodesk-foundation\/wp-content\/uploads\/sites\/157\/DAM_Plant-61845406-1.jpg\" class=\"wp-block-cover__image-background wp-post-image\" alt=\"Skyline view of oil refinery in Germany, illuminated at dusk. Natural gas flaring out of one of numerous smokestacks.\" data-object-fit=\"cover\" srcset=\"https:\/\/blogs.autodesk.com\/autodesk-foundation\/wp-content\/uploads\/sites\/157\/DAM_Plant-61845406-1.jpg 1872w, https:\/\/blogs.autodesk.com\/autodesk-foundation\/wp-content\/uploads\/sites\/157\/DAM_Plant-61845406-1-300x202.jpg 300w, https:\/\/blogs.autodesk.com\/autodesk-foundation\/wp-content\/uploads\/sites\/157\/DAM_Plant-61845406-1-1024x689.jpg 1024w, https:\/\/blogs.autodesk.com\/autodesk-foundation\/wp-content\/uploads\/sites\/157\/DAM_Plant-61845406-1-768x517.jpg 768w, https:\/\/blogs.autodesk.com\/autodesk-foundation\/wp-content\/uploads\/sites\/157\/DAM_Plant-61845406-1-1536x1034.jpg 1536w\" sizes=\"auto, (max-width: 1872px) 100vw, 1872px\" \/><div class=\"wp-block-cover__inner-container is-layout-constrained wp-block-cover-is-layout-constrained\">\n<h2 class=\"wp-block-heading alignwide has-text-align-left is-style-default\"><strong>Converting methane waste into<\/strong> <strong>value<\/strong><\/h2>\n<\/div><\/div>\n\n\n\n<p>The global transition to renewable energy is paramount to climate change mitigation. The world\u2019s populations and industries continue to rely heavily on fossil fuels\u2014and <a>likely will<\/a> for decades as low-carbon production, transmission, and utilization alternatives reach scale. In the interim, reducing, capturing, and sequestering greenhouse gas (GHG) emissions will be critical to securing a sustainable future for all.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>The methane and flaring problem<\/strong><\/h2>\n\n\n\n<p>One often overlooked yet significant source of Earth-warming emissions is methane. While carbon dioxide (CO<sub>2<\/sub>) gets most of the attention, methane (CH<sub>4<\/sub>) accounts for <a href=\"https:\/\/www.globalmethane.org\/documents\/gmi-mitigation-factsheet.pdf\">roughly 20%<\/a> of all global emissions and has a global warming potential 28 to 34 times greater than CO<sub>2<\/sub>. Measured over a 20-year time span, this ratio swells to <a href=\"https:\/\/unece.org\/challenge\">84 to 86 times<\/a>.<\/p>\n\n\n\n<p>Methane emissions originate from various agricultural and energy sources, but one of the largest is the \u201cflaring\u201d of associated gases in oil and gas (O&amp;G) production. Flaring, which involves burning excess natural gas during refinement, is primarily intended to depressurize O&amp;G equipment, avoid explosions, and combust (and thus hopefully limit) methane emissions.<\/p>\n\n\n\n<p>Until recently, flaring was believed to be an effective solution for burning off excess methane from O&amp;G operations. A <a href=\"https:\/\/www.science.org\/doi\/10.1126\/science.abq0385\">recent study<\/a> published in <em>Science<\/em>, however, shatters this belief, indicating that global methane emissions from flaring may be as much as five times greater than previously estimated.<\/p>\n\n\n\n<p>According to the International Energy Agency (IEA), non-emergency flaring from O&amp;G operations in 2021 alone released <a href=\"https:\/\/www.iea.org\/reports\/flaring-emissions\">143 billion cubic meters<\/a> of natural gas, equivalent to 240 million metric tons of carbon dioxide equivalents (CO<sub>2<\/sub>e), into Earth\u2019s atmosphere. This volume is on the order of the total annual GHG emissions of all of Spain.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Why M2X Energy?<\/strong><\/h2>\n\n\n\n<p>The Autodesk Foundation is excited to support <a href=\"https:\/\/m2x.energy\">M2X Energy<\/a> as part of our Energy &amp; Materials portfolio. Established as a <a href=\"https:\/\/breakthroughenergy.org\/our-work\/breakthrough-energy-ventures\/\">Breakthrough Energy Ventures<\/a> spinout in 2020, the company is reshaping how methane waste is treated and how fuels and chemicals are made with the goal of minimizing gas flaring and reducing its climate impact.<\/p>\n\n\n\n<p>M2X Energy is a process intensification company, innovating to down-scale traditional chemical processes using mechanical systems. Its modular waste gas-to-liquid technology converts methane gases into valuable, fungible commodities that can be sold. In that way, M2X provides practical economic value from what has historically been an O&amp;G waste.<\/p>\n\n\n\n<p>The M2X system consists of two distinct phases. First, flared methane is captured and converted to hydrogen-rich syngas using an internal combustion engine (ICE). Then, the resulting syngas is converted to methanol and other chemicals using an automated and intensified catalytic hydrogenation process. Taken together, M2X offers a compelling, modular, and easily integrated additive to existing energy production processes.<\/p>\n\n\n\n<p>The team is following an aggressive commercialization timeline, with the goal of deploying a fully operational production unit in the field in early 2023.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Our collaboration<\/strong><\/h2>\n\n\n\n<p>We are eager to leverage Autodesk&#8217;s resources, industry expertise and talent, and industry networks to support M2X in optimizing and scaling its climate technology for both onshore and offshore applications. M2X is using AutoCAD, Inventor, and Vault to design, build, and scale its integrated system\u2014a production-ready product capable of addressing 90% of all methane flared from current O&amp;G operations.<\/p>\n\n\n\n<p>\u201cAutodesk is a terrific partner for a startup like M2X Energy,\u201d said Anthony Dean, M2X Energy\u2019s COO. \u201cWe are benefitting from a broad range of Autodesk support, including software access, enrolling a talented engineer in the Autodesk Tech Leadership Development Program, participating in the Engineering for Change (E4C) Fellowship program with an engineer in Ecuador, and the pro bono program where Autodesk marketing experts are helping shape our external communications. These in-kind programs support our efforts to accelerate the transition to a clean energy future.\u201d<strong><\/strong><\/p>\n\n\n\n<p>A successful M2X ensures that today&#8217;s energy industry, which serves a critical role in global economic development and growth, can transition to decarbonization with the speed and scale necessary to avert the worst effects of climate change.<\/p>\n\n\n\n<p><em>Learn more about how low-carbon innovations can fight the negative impacts of climate change in the Autodesk Foundation&#8217;s impact brief.<\/em><\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\"><?xml encoding=\"utf-8\" ?><div class=\"wp-block-button\"><a href=\"https:\/\/damassets.autodesk.net\/content\/dam\/org\/pdfs\/autodesk-report-low-carbon-innovation.pdf\" class=\"\n            MuiButtonBase-root MuiButton-root\n            wp-block-button__link wp-element-button\n            \n            \n            \n            MuiButton-contained\n        \">\n\n        <span class=\"MuiButton-label\">\n            \n            \nRead the brief\n\n            \n        <\/span>\n    <\/a>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Autodesk Foundation welcomes to its Energy &amp; Materials portfolio M2X Energy, a startup that has developed a modular, scalable waste gas-to-liquid technology that captures methane gas and converts it into valuable commodities.<\/p>\n","protected":false},"author":64856,"featured_media":537,"menu_order":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[2],"tags":[26,42,35],"coauthors":[51],"class_list":["post-530","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-funding","tag-autodesk-foundation","tag-climate-tech","tag-energy-materials","dhig-theme--light"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Our investment in M2X Energy - Autodesk Foundation<\/title>\n<meta name=\"description\" content=\"The Autodesk Foundation welcomes to its Energy &amp; 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