Pace CCS

Name

Pace CCS

Legal name

Pace CCS Ltd.

Website

https://paceccs.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Carbon Capture and Storage Engineering Services

NAICS

Computer Systems Design and Related Services (54151)

SIC

Oil & Gas Field Exploration Services (1382)

akta.pro primary industry

CO2 Pipeline Development, Engineering & Construction (EPC) (TLAGAFAJ)

akta.pro secondary industries

Capture System Integration & Balance-of-Plant (Heat Integration, Compression, Dehydration) (EUABAGAI), CO2 Trunkline Transmission (Long-Haul CCS Pipelines) (TLAGAFAA)

Keywords

• CCS engineering services
• Carbon capture design
• Corrosion prediction software
• CCS digital twin
• Flow assurance consulting

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations

Revenue model

1. Engineering Design Services: Pace CCS provides comprehensive engineering design services across the full CCS chain from capture through to disposal well. Services include conceptual design, feasibility studies, pre-FEED, FEED, EPC support, and owners engineer roles. Revenue is generated through project-based professional services contracts with CCS developers and operators.
2. Software Licensing: Pace CCS licenses its proprietary Corrosion Solution software and digital twin solutions to CCS projects and operators. Software provides corrosion risk assessment, thermodynamic modeling, and operational predictions for CCS networks.
3. Technical Advisory Consulting: Provides technical advisory support to CCS project developers and operators, including operational support, flow assurance studies, and specialist expertise for project development and execution.
4. Training Courses: Delivers CCS training courses including public and private programs covering commercial modeling, technical design, operations, organizational structures, and risk management. Programs include classroom courses, webinars, and specialized seminars.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Pace CCS is a specialized engineering consultancy delivering full-chain engineering design services for the Carbon Capture and Storage (CCS) and blue hydrogen industries. The company provides conceptual design, feasibility studies, pre-FEED, FEED, EPC support, and owners engineer roles across the complete CCS value chain from capture through transport to geological storage. It also develops and licenses proprietary software products including the Pace CCS Corrosion Solution for corrosion risk prediction and CCSTwin, the world's first reliable digital twin software for full-chain CCS networks.

Product overview

Pace CCS offers a portfolio of software products and engineering services for the Carbon Capture and Storage (CCS) industry. The core software products are the Pace CCS Corrosion Solution (for corrosion risk prediction and mitigation) and CCSTwin (digital twin for full chain CCS network simulation), which work together to provide comprehensive CCS infrastructure design and operational support. The company also provides full-chain engineering design services from concept through operations, plus specialized training courses covering CCS fundamentals, corrosion management, and lessons learned from real-world projects.

Differentiator

Problem solved

Functional benefit

Products and services

• Pace CCS Corrosion Solution Comprehensive software for identifying and mitigating corrosion risks in CCS infrastructure including gas phase, dense phase pipelines, and refrigerated shipping. Provides thermodynamic modeling, chemical reaction prediction, and worst-case scenario analysis for all corrosion modes possible in CCS systems. Used by CCS project developers, operators, and pipeline owners.
• CCSTwin Digital Twin Software Digital twin software for full chain CCS networks modelling complete CCS networks throughout the lifecycle including process, flow assurance, wells, reservoir, and control systems. Incorporates best-in-class thermodynamic modeling, compositional tracking, transient operating modes including shipping, and full life-of-field analysis.
• Engineering Design Services Full-chain CCS engineering design services from early concept through FEED delivery to execution and operations support. Includes conceptual design, feasibility studies, pre-FEED, FEED, EPC support, and owners engineer services for CCS project developers and operators.
• Technical Advisory Support Technical advisory services for CCS project developers and operators, including operational support, flow assurance studies, CO2 specification development, metering and monitoring, custody transfer philosophy, and specialist expertise for project development and execution.
• Carbon Capture and Storage (CCS) Course Four-day comprehensive CCS training course covering CCS systems, transportation, fluid specification, chemical thermodynamics, corrosion and integrity, metering, dehydration requirements, safety, flow assurance modeling, and operating philosophy. Delivered at Pace CCS London office.
• Lessons Learned from Carbon Capture and Storage Projects To Date (E577) Advanced one-day classroom course providing introduction to CCS design with focus on lessons learned from CCS projects in design and operation. Covers technical analysis, references, and practical solutions for CCS project design.

Quantifiable outcome

• Estimated £50m cost reduction in dehydration for typical CCS project
• +3 more outcomes

Named customers9 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability3 records

Feature5 records

Partnerships

Eleven partnerships are on record, tiered core and flagship.

• FoxconncoreStrategic or Co-development Partner · 21 January 2026Foxconn and Pace CCS launched a new laboratory in Taipei to develop a chemical scavenger that prevents corrosion in CCS networks. The collaboration combines Foxconn's advanced manufacturing capabilities with Pace CCS's expertise in carbon capture and storage design, aiming to tackle a major industry challenge and support wider CCS deployment. Also developed first-of-its-kind chemical injection unit designed to remove key impurities from CO2 streams that can cause corrosion.
• Energy InstituteflagshipStrategic or Co-development Partner · 16 October 2025Pace CCS was commissioned by the Energy Institute to develop a vital new 'Good Practice Guideline' on corrosion management for the carbon capture, transport, and storage industry. This guideline will provide a structured framework to help operators manage unique and high-risk corrosion challenges posed by impure CO2 streams.
• CPC and CTCI (Taiwan)coreStrategic or Co-development Partner · 23 September 2025Pace CCS has been closely involved in the pioneering Tieh-Chen Mountain CCS project in Taiwan, developed with CPC and CTCI. This world-first initiative serves as a reference point for CCS projects globally, with Pace providing expertise on CCS design and corrosion management.
• BHP-led CCUS Hub Study CoalitionflagshipStrategic or Co-development Partner · 15 August 2025Pace CCS joined an industry-led coalition led by BHP alongside major industry and energy players (ArcelorMittal Nippon Steel India, JSW Steel, Hyundai Steel, Chevron, and Mitsui) to launch the first independent CCUS Hub Study in Asia. This one-year pre-feasibility study aims to chart technical and commercial pathways for deploying large-scale CCUS hubs across Asia, leveraging shared infrastructure to reduce costs and accelerate decarbonization.
• TEWE (Taiwan East West Enterprises)coreStrategic or Co-development Partner · 19 March 2025TEWE joined Pace CCS and Foxconn in developing a first-of-its-kind chemical injection unit to address corrosion challenges in CCS. TEWE brings nearly 70 years of experience in industrial sales and service to the collaboration, ensuring the solution meets needs of industrial clients. The partnership represents long-term commitment to innovation and sustainability.
• Western Kyushu CCS Consortium (WEST, ENEOS, J-Power, ENEOS Xplora)coreImplementation/ SI/ Consulting Partner · 1 January 2024Pace CCS provided essential support to the consortium comprising West Japan Carbon Dioxide Storage Survey (WEST), ENEOS Corporation, Electric Power Development (J-Power), and ENEOS Xplora in capturing and storing 1.7 million tonnes of CO2 annually from ENEOS refineries and J-Power thermal power plants. Work included CO2 specification development, metering and monitoring, and custody transfer philosophy.
• Progressive Energy, Marubeni Itochu Steel, Vallourec, HydrafactcoreStrategic or Co-development Partner · 16 August 2023Pace CCS signed Joint Industry Project agreement funded by Net Zero Technology Centre, Progressive Energy, Marubeni Itochu Steel, Vallourec, and Hydrafact to gain new knowledge and improve prediction of corrosion in CCS networks. The project includes laboratory testing programme and web-based software app for CCS operators to review operating conditions across full transport and storage network.
• deepC StorecoreStrategic or Co-development Partner · 29 June 2023Pace CCS collaborated with deepC Store to submit CO2 shipping supply specification for CStore1 floating CCS hub project to the Australian Government. This enables import of waste CO2 from large Japanese industry by ship for permanent disposal in deep reservoirs offshore Australia. Specification is intended to inform the emerging CCS industry globally.
• Hafnium LabscoreTechnology or Integration · 1 April 2023Pace CCS collaborated with Hafnium Labs to create CCSTwin, the world's first reliable digital twin software for full chain CCS networks. Supported by EU, Innovation Fund Denmark and Innovate UK funding totaling €750,000 (project total €1 million). The collaboration addresses challenges in CCS network design and operations caused by lack of laboratory data, network interactions, and software maturity.
• ABBcoreTechnology or Integration · 1 March 2023ABB and Pace CCS partnered to deliver digital twin technology solutions that reduce the cost of integrating CCS into new and existing industrial operations. The combined expertise addresses the lack of operational practice across the full CCS value chain by applying digital twin technology to simulate design stages, test scenarios, and deliver proof of concept.
• Oxford UniversitycoreStrategic or Co-development Partner · 1 January 2022Pace CCS developed predictions of chemical reactions in CCS fluid in partnership with Oxford University, contributing to the comprehensive chemical reaction database used in their corrosion prediction software.

Scale indicators12 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Worley: Worley is a global engineering and project delivery firm with a dedicated Energy Transition and CCS practice. It is comparable as a large incumbent providing full-chain CCS engineering services that compete with Pace CCS's specialist offering.
• Wood: Wood is a major engineering and consulting firm with established CCS services across capture, transport and storage. Comparable as a broad incumbent with overlapping full-chain CCS engineering capabilities serving the same oil and gas and industrial clients.
• Bechtel: Bechtel is one of the world's largest EPC contractors with growing involvement in CCS and low-carbon infrastructure. Comparable as a broad incumbent executing mega-CCS projects where Pace provides upstream design services.
• Technip Energies: Technip Energies is a leading engineering and technology firm with a CCS and blue hydrogen practice. Comparable as a broad incumbent offering full-chain CCS design and project execution competing with Pace CCS's specialist engineering design niche.
• Fluor Corporation: Fluor is a global EPC firm with experience in energy transition projects including CCS. Comparable as a broad incumbent whose energy solutions practice overlaps with Pace's CCS engineering and consulting work.
• KBR: KBR is a global engineering and government services firm with energy transition and CCS capabilities. Comparable as a broad incumbent providing CCS consulting and engineering design similar to Pace CCS's offerings.
• Saipem: Saipem is an Italian engineering and construction firm with a CCS and energy transition portfolio. Comparable as a broad incumbent serving oil and gas operators on CCS transport and storage infrastructure.
• AVEVA: AVEVA is a major industrial software firm providing process simulation and digital twin platforms. Comparable as a broader software incumbent whose plant-design and digital-twin tools overlap with Pace CCS's CCSTwin offering for industrial and energy customers.

Emerging players

• ION Clean Energy: ION Clean Energy is a US-based carbon capture technology company focused on amine-based capture systems. Comparable as an emerging player in the CCS value chain, though focused more on capture technology than on transport pipeline and digital-twin engineering.
• Carbon Clean: Carbon Clean is a UK-based carbon capture technology company providing point-source capture solutions. Comparable as an emerging player targeting CCS deployment, complementary to Pace's pipeline-side and full-chain expertise.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInuk.linkedin.com/company/pace-ccs

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Pace CCS