CO2 Value Europe The new industry association dedicated to Carbon Capture & Utilization (CCU)
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CO2 Value Europe The new industry association dedicated to Carbon Capture & Utilization (CCU) May 2018
Our scope: stakeholders from the complete CCU value chains across industrial sectors The only European association dedicated to CO2 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 CO2 emissions from the process industry and from the transportation sectors (road, air, maritime) • Renewable feedstock Replacing fossil carbon by utilization of CO2 as a feedstock for the chemicals, materials and fuels industries 6
Our mission: create a scalable carbon recycling industry Our Promote the development and market deployment of official sustainable industrial solutions that convert CO2 into mission valuable products, in order to contribute to the net statement reduction of global CO2 emissions and to the 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 CO2 Refining, distribution CO2 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 CO2 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 roadmap Vision Advocacy regulatory • Pilot and framework and demonstration market conditions projects • Stimulate public Ambas- support for R&I sador • Raise awareness and acceptance R&I: Research & Innovation among policy makers and funders 9
Our approach: leverage synergies with other organizations involved in CCU Ps PP r a de n s Topical organizations T tio c ia a sso & 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 CO2 emissions based on Support to standardization of accepted LCA LCA and TEA methodologies standards " (e.g. study with the Global CO2 Initiative) 11
Join CO2 Value Europe and create the CCU industry with us ! 13 Benefits for members 13 Specialized SMEs ACP, Atmostat, Avantium, ü Full visibility on state of the art Multinational Carbon 8, Climeworks, CRI, technologies and potential Econic, Hydrogenics, IC2R, partners Industry Leaders IDENER, Nordic Blue Crude, Albioma, Carmeuse, CRH, Orbix, Sunfire ü Joint demo projects Engie, HeidelbergCement, ü Funding opportunities beyond 25 Lhoist, Praxair, Q8, Solvay, Suez, TIGF, Total, Uniper corporate financing Research ü Accelerate own learning curve 5 Clusters Organisations ACIB, CEA, DIFFER, ECN, Fraunhofer, ü and commercialisation Develop and promote ICIQ, IFP-EN, KIT, LEAP, Nova Institut, Axelera, e-PURE regulatory framework together GreenWin, IBB NOVA.ID.FCT, Sotacarbo, Swerea- Netzwerk, MEFOS, Tecnalia, U Bologna, ü Increase public acceptance Port of Antwerp UC Louvain, U College London, and support 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 WG7: Communi- TF5: cation & Outreach CCU Benefits WG6: Partnerships & Funding 13
Brussels - New York, Singapore – 17 May 2118 Worldwide CO2 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 CO2 re-use in the world. The study revealed that, for the first time in the Earth‘s history, all emitted CO2 was used in processes to convert CO2 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 CO2. 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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