CO2Fokus project Market Study
The Market Study of the CO2Fokus project has been recently
Climate change resulting from greenhouse gas emissions is a key environmental issue, carrying serious risks not only for the environment itself but for the entire economic system and people around the world.
For this reason, many countries have signed international agreements committing to reduce their emissions. In order to achieve this goal and accelerate the shift toward a low-carbon society, efforts are being made through technological innovation together with economic incentives.
Research plays a fundamental role, focusing on topics such as renewable energy sources, the circular economy and energy savings brought about efficiency improvements. In this context there is a growing interest in CCU (Carbon Capture and Utilisation) technologies, which are able to capture the CO2 produced by fuel combustion in industrial plants and convert it as a feedstock into chemicals and renewable fuels. This process has the potential to avoid the emission of vast amounts of CO2 and decrease dependence on fossil fuels. So far, these technologies have been tested at laboratory scale but still need to be integrated into industrial processes in a commercially viable way. Scaling up the technology could make a decisive contribution to the decarbonisation of industry, taking a major step forward in tackling climate change.