CO 2 Value Europe The new industry association dedicated to Carbon Capture & Utilization (CCU) May 2018
CCU… the time is now ! 2
CCU… the time is now ! CCU Workshop 3
CCU… the time is now ! EU Innovation Fund opens to CCU SET Plan – WG9 Implementation Plan on CCUS 4
Our scope: stakeholders from the complete CCU value chains across industrial sectors The only European association dedicated to CO 2 Utilisation and bringing together partners from relevant industrial sectors Multinational Companies, SMEs, Regional Clusters, Research Institutions, Universities 5
Our vision: make CCU a key pillar of the transition to a low carbon economy • Climate mitigation Net reduction of global CO 2 emissions from the process industry and from the transportation sectors (road, air, maritime) • Renewable feedstock Replacing fossil carbon by utilization of CO 2 as a feedstock for the chemicals, materials and fuels industries 6
Our mission: create a scalable carbon recycling industry Promote the development and market deployment of Our sustainable industrial solutions that convert CO 2 into official valuable products, in order to contribute to the net mission reduction of global CO 2 emissions and to the statement diversification of the feedstock base. We want to create a CCU industry sector with scalable business models for real impact of carbon recycling . 7
Our value proposition: address key issues faced by CCU value chains Upstream Conversion Downstream Captured CO 2 Refining, distribution CO 2 transformation infrastructure & Renewable electricity technologies markets for CCU Raw materials & waste products Selection/ Favourable regulatory Favourable regulatory development of most framework for access to inputs promising products technologies Product acceptance by Low-cost sources of CO 2 Feasibility, cost existing infrastructure and renewable electricity reduction & upscaling & players Appropriate funding Demonstration of environmental & other benefits of CCU 8
Our actions: create the conditions for the effective development of CCU solutions • Develop • Promote development integrated R&I of appropriate Vision Advocacy roadmap regulatory framework and • Pilot and market conditions demonstration projects • Stimulate public Ambas- support for R&I sador • Raise awareness and acceptance among policy makers and funders R&I: Research & Innovation 9
Our approach: leverage synergies with other organizations involved in CCU PPPs e d s a n r T Topical organizations o i t a i c o s s a & many more… 10
Our DNA: focus on CCU projects that contribute to climate change mitigation Membership charter ” We will only promote CCU solutions that effectively contribute to a net reduction of global CO 2 Support to standardization of emissions based on LCA and TEA methodologies accepted LCA standards " (e.g. study with the Global CO 2 Initiative) 11
Join CO 2 Value Europe and create the CCU industry with us ! 13 Benefits for members 13 Specialized SMEs ü Full visibility on state of the art ACP, Atmostat, Avantium, technologies and potential Carbon 8, Climeworks, CRI, Multinational Econic, Hydrogenics, IC2R, partners Industry Leaders IDENER, Nordic Blue Crude, ü Joint demo projects Albioma, Carmeuse, CRH, Orbix, Sunfire Engie, HeidelbergCement, ü Funding opportunities beyond 25 Lhoist, Praxair, Q8, Solvay, corporate financing Suez, TIGF, Total, Uniper ü Accelerate own learning curve Research 5 and commercialisation Organisations ü Develop and promote ACIB, CEA, DIFFER, ECN, Fraunhofer, Clusters ICIQ, IFP-EN, KIT, LEAP, Nova Institut, regulatory framework together Axelera, e-PURE NOVA.ID.FCT, Sotacarbo, Swerea- GreenWin, IBB ü Increase public acceptance MEFOS, Tecnalia, U Bologna, Netzwerk, and support UC Louvain, U College London, Port of Antwerp U Gent, U Liège, U Mons, U Sheffield, U Surrey, VITO, VTT 12
Members can get involved in different Working Groups WG2: Fuels policy WG1: WG3: Fuels roadmap Mineralisation WG8: Non-fuels WG4: EU chemicals Technology Platform TF5: WG7: Communi- CCU Benefits cation & Outreach WG6: Partnerships & Funding 13
Brussels - New York, Singapore – 17 May 2118 Worldwide CO 2 emissions equal its total usage in materials, chemicals and fuels for the first time Yesterday, the Germany-based Nova-Institute presented the results of their latest study on CO 2 re-use in the world. The study revealed that, for the first time in the Earth‘s history, all emitted CO 2 was used in processes to convert CO 2 into materials, chemicals and fuels. In the early 2010’s, different technologies had reached a maturity that made a business scale-up possible. In the 2020‘s, industry frontrunners and early adopters had joined forces and created today‘s upstream, conversion and downstream standards. Early voices saying that there would be no significant climate effect from CCU sound ridiculous vs. today‘s recycling of all existing CO 2 . 14
Contact Damien Dallemagne www.co2value.eu Secretary General (acting) damien.dallemagne@co2value.eu +32 488 366 231 www.co2value.eu
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