Strategic assessment of IRA incentives for refiners

ADI analyzed the stackable tax credits provided by the Inflation Reduction Act to prioritize decarbonization projects at existing refining assets. The study mapped technical pathways for sustainable aviation fuel (SAF), blue hydrogen, and carbon capture against regional infrastructure and environmental justice criteria. This effort identified how loan guarantees and transferability provisions can de-risk capital projects at brownfield industrial sites.

U.S. independent refining company

Evaluating how the Inflation Reduction Act shifts the investment case for low-carbon fuels and refinery emissions reduction.

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ADI modeled the combined value of base credits and “adders” for prevailing wages and energy communities to improve ROI.

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Primary research using EJ tools quantified the potential for site-specific bonus credits based on demographic and pollution indices.

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Assessment of idled catalytic units identified technical opportunities for low-cost conversions to SAF and renewable fuel production.

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The work outlined strategies for competitive DOE grants, emphasizing the role of external stakeholders like labor unions.

  • Prioritized a set of clean energy opportunities including SAF and hydrogen hubs that maximize available federal grants and credits.
Client Results
We hired ADI to help us understand the IRA bill and our strategic options, and they did a great job bringing our executive team on board with the deliverables.,
Tim Adams VP, Hunt Refining Company

Industry experience

Ammonia and CCUS technology market assessment

This study examined the global ammonia (NH3) value chain and CO2​ conversion landscape, evaluating the technical maturity of steam methane reforming (SMR), autothermal reforming (ATR), and electrolysis-based production. ADI analyzed the economics of NH3​ as a hydrogen carrier versus liquid organic hydrogen carriers (LOHCs), including the energy-intensive decomposition steps required for re-conversion. The work profiled […]

Carbon dioxide conversion pathways assessment

ADI performed a techno-economic assessment of nine CO2 conversion routes, ranging from mineralization to electrochemical synthesis of platform chemicals. The analysis utilized thermodynamic feasibility and energy-intensity metrics to rank pathways by their ability to compete with conventional fossil-based production. The client Global investment firm The situation Difficulty in prioritizing investments across a fragmented landscape of […]

CCUS market opportunity analysis

ADI assessed the commercial viability of CCUS adoption across industrial source sectors, modeling project IRRs under varied Inflation Reduction Act 45Q credit scenarios. The analysis evaluated infrastructure constraints, such as pipeline access and Class VI permitting timelines, to identify high-probability retrofits in biofuels and gas processing. The client Global industrial equipment manufacturer The situation High […]

Cryogenic equipment market outlook

This assessment forecasted global demand for cryogenic heat exchangers and pumps across LNG, CCUS, and hydrogen liquefaction applications. ADI evaluated the cyclical nature of large-scale LNG capex alongside the rapid scale-up of blue hydrogen projects that rely on cryogenic CO2​ separation. The work assessed the role of high-efficiency coil-wound exchangers and brazed aluminum designs for […]

Direct Air Capture technology and cost assessment

This work evaluated the levelized cost of capture across six Direct Air Capture categories, including liquid solvents (LDAC), solid sorbents (SDAC), and electrochemical systems. ADI analyzed the land and clean electricity requirements for scaling to Gtpa milestones, highlighting the infrastructure bottlenecks and energy-intensity trade-offs of leading configurations. The client Integrated energy company The situation Rapidly […]

Low-carbon cement technology and start-up landscape

This study assessed 11 early-stage startups and five decarbonization pathways, including CCUS and clinker substitution, to reach net-zero cement by 2050. ADI modeled CO2​ reduction costs, technology readiness, commercial maturity, adoption outlook, and growth potential across North America and Europe. The client Venture capital firm The situation Strategic ambiguity regarding which low-carbon cement technologies to […]

SCR catalyst and competitive landscaping assessment

ADI conducted an independent technical and commercial benchmark of selective catalytic reduction (SCR) catalysts to inform the investment process for a market leader. The study examined differentiated honeycomb geometry versus plate and corrugated designs, specifically focusing on pressure drop and catalytic activity. Additionally, the analysis mapped the integration potential of SCR systems with emerging solid-adsorbent […]

Global energy transition digital spend outlook

ADI assessed a global energy transition capital spend and outlook through 2050, identifying the addressable market for digital technologies. The study analyzed how the shift toward fragmented, low-carbon infrastructure will impact the need for digital integration across intermittent renewables and energy storage systems. Modeling surfaced critical factors that will dictate the pace of digital adoption. […]

More insights

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Global diesel markets are leaning more on North America

While diesel production in the Americas increased through the first half of 2026, output in Europe and Asia declined, increasing reliance on North American exports to help balance global supply. This comes at a time when middle distillate markets remain critical to freight, industrial, and commercial activity, making reliable diesel supply increasingly important for many […]

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Newsletter: Catalyst M&A, plant expansions, and tech development

In September 2026 edition, chemical portfolio realignment continued to accelerate. Shell is exploring the sale of its U.S. chemicals business, while TotalEnergies acquired Shell’s European renewables unit and Lotte Chemical moves to divest its Southeast Asian petrochemical subsidiaries. Sika expanded its adhesives and sealants footprint in Turkey, and Mitsui increased its stake in Nutrinova to […]

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2026 August SAF Tracker highlights – #92

SAF investment scaled across offtake, production, and technology. EVA Air signed an MoU with AIT Worldwide Logistics to provide SAF environmental attributes supporting Microsoft’s Scope 3 emissions reductions, while Shanghai Electric Group broke ground on the next phase of its green fuel complex in China. Sumitomo Heavy Industries began trial operations at a biomass gasification […]