The Top Public Companies for an Energy Transition

This data-file compiles all of our insights into publicly listed companies and their edge in the energy transition: commercialising economic technologies that advance the world towards ‘net zero’ CO2 by 2050.

Each insight is a differentiated conclusion, derived from a specific piece of research, data-analysis or modelling on the TSE web portal; summarized alongside links to our work. Next, the data-file ranks each insight according to its economic implications, technical readiness, its ability to accelerate the energy transition and the edge it confers on the company in question.

Each company can then be assessed by adding up the number of differentiated insights that feature in our work, and the average ‘score’ of each insight. The file is intended as a summary of our differentiated views on each company.

The screen is updated monthly. At the latest update, in October-2020, it contains 180 differentiated views on 90 public companies.

The Top 30 Private Companies for an Energy Transition

This data-file presents the ‘top 30’ private companies out of several hundred that have crossed our screens since the inception of Thunder Said Energy, looking back across all of our research.

For each company, we have used apples-to-apples criteria to score  economics, technical readiness, technical edge, decarbonization credentials and our own depth of analysis.

The data-file also contains a short, two-line description follows for each company, plus links to our wider research, which will outline each opportunity in detail.

Hydrogen reformers: technology leaders

The aim of this data-file is to assess who has the leading technology for producing industrial hydrogen: but especially blue hydrogen from auto-thermal reformers, which was highlighted as an opportunity in our recent research note.

Our screen assesses the leading companies making reformers to produce industrial hydrogen, based on public disclosures, 750 patents, and classifying these patents into their consituent patent families.

Profiled companies include Air Liquide, Air Products, Casale, Haldor Topsoe, Johnson Matthey, KBR, Linde, Thyssenkrupp and over a dozen large, diversified energy companies.

Gas turbines and CHP: technology leaders?

The aim of this data-file is to profile ten leading companies in gas turbines, based on their disclosures and patent filings. In each case, we describe the company, its size, its patent filings, its typical turbine size and efficiency.

Covered companies include mega-caps such as GE, Siemens and Mitsubishi, down to small-caps and private companies with exciting novel technologies.

Case studies from one such company, commercializing small, combined heat and power turbines, are presented in a backup tab, showing operational disclosures on cost savings, energy savings, CO2 reductions, payback periods and motivations for adopting the sytem.

Ventures for an Energy Transition?

This database tabulates almost 300 venture investments made by 9 of the leading Oil Majors, as the energy industry advances and transitions.

The largest portion of activity is now aimed at incubating New Energy technologies (c50% of the investments), as might be expected. Conversely, when we first created the data-file, in early-2019, the lion’s share of historical investments were in upstream technologies (c40% of the total). The investments are also highly digital (c40% of the total).

Four Oil Majors are incubating capabilities in new energies, as the energy system evolves. We are impressed by the opportunities they have accessed. Venturing is likely the right model to create most value in this fast-evolving space.

The full database shows which topic areas are most actively targeted by the Majors’ venturing, broken down across 25 sub-categories, including by company. We also chart which companies have gained stakes in the most interesting start-ups.

Super-capacitors: technology leaders?

This data-file screens for the ‘top twenty’ technology leaders in super-capacitors, by assessing c2,000 Western patents filed since 2013.

Each company’s recent progress is summarized, while the full patent database is provided for further details.

Subsequent tabs in the data-file contain all our notes from technical papers into the topic, examples of SCs electric parameters, examples of their deployment and our economic calculations.

Additive manufacturing: technology leaders?

This data-file tabulates 5,500 patents into additive manufacturing (AM, a.k.a., 3D printing), in order to identify technology leaders.  Patent filings over time show a sharp acceleration, making AM one of the fastest growth areas for the energy transition.

14 companies with concentrated exposure to the theme are profiled, including their size, revenues, share of revenues from AM and 3-6 lines of notes on each company.

The full screen also shows growing AM activity from Cap Goods, aerospace, automotive and oil services companies.

Use of thermoplastic materials is also seen by narrowing in upon 130 patents from leading chemicals companies (e.g., Covestro, Solvay, SABIC, Arkema).

Examples from the patents show how AM can reduce costs by 25-90% and lead times by 10-90%.

 

Leading Companies in Pipeline Gas Distribution?

This data-file tracks over 800 ex-China patents for the pipeline transportation of natural gas, filed from 2010 to 2019. The aim is to screen for exciting technologies and companies, as natural gas demand is set to treble in the most economic route to an energy transition.

Innovative growth companies with a focus on pipeline gas transport include 3 publicly listed firms and 6 venture-stage start-ups. They are commercialising next-generation materials, leak monitoring and remote metering solutions.

Larger and listed companies with recent innovations in gas distribution include Air Products, Kogas, Tokyo Gas, Shawcor and Ecolab.

Leading Companies in Battery Recycling?

This data-file tracks over 6,000 patents filed into battery recycling technology, focusing in on 1,800+ post-2010, Western-filed patents. This matters as annual battery disposal requirements will ramp up to over 250kTpa over the next decade.  Hence the pace of patent developement has been escalating at a 15% CAGR.

18 technology leaders are profiled ex-China, based on their patent filings and public disclosures. We tabulate the size, likely battery recycling revenues and recent commercial progress.

The leaders include 6 larger-cap listed companies (two in Japan, two in the US, one in Korea, one in Europe) and 10 private companies, including some exciting, early-stage concepts to improve material recovery and costs.

The final tabs of the file include all of the patents, with summaries, and our notes from recent technical papers.

Nature-based CO2 offsets: measuring forest and soil carbon?

This data-file screens twenty companies involved in measuring and verifying nature-based carbon offsets, in forests and soils. It includes 6 leading companies at the cutting edge (5 private, and 1 subsidiary of a large, listed US corporation).

Traditional methodologies have evolved rapidly, from time-intensive and cumbersome manual methods, into a fully-fledged, technology-driven, real-time remote sensing industry. This is a pre-requisite for the scale-up of nature-based CO2 offsets.

The data-file contains an overview of each of the 20 companies, its size, recent progress and a subjective score of its edge and interest.  The file also contains our notes on measuring soil and forest CO2, plus c400 patents that informed the screen.