Main objectives of CarbonNext
CarbonNext will evaluate the potential use of CO2/CO and non-conventional fossil natural resources as carbon-feedstock and energy for the process industry in Europe. This will significantly help to understand the symbiosis between different sectors and industries in the context of the need for further CO2 reduction, resource efficiency, independency, and circular production as well as industrial renaissance in Europe and the need for energy to support that development.
Objective 1: Understand new sources of feedstock and map the value chains through which they could become a resource for the process industry
• Creation of a detailed map of available and potential CO2/CO-containing gases and non-conventional fossil natural resources in Europe, which can be used as alternative feedstock to cover industry needs or can improve existing processes and/or industrial symbiosis. Characterization of industrial value chains within which the new feedstock types could be integrated.
• Identification of industrial symbiosis opportunities based on evaluation of existing interoperate concepts between branches such as cement, chemistry or steel, and existing carbon sources and demands.
Objective 2: Understand the conditions surrounding the implementation of alternative carbon sources for chemical production and the use of non-conventional fossil feedstock
• Assessment of feedstock costs including the cost of CO2 and other non-conventional feedstock. In particular, the ETS price necessary for economic feasibly in difference CO2 utilization routes and geographical locations will be undertaken.
• Assessment of acceptance of the new routes will be undertaken engaging stakeholders in industry, policy and the general public.
• Identification of disruptive technologies, policies and economic factors that could have a serious positive or detrimental effect on the deployment of the most promising routes. Risk impact analysis will be carried out on each factor.
Objective 3: Assess the economic and environmental impact of utilizing CO2/ CO and non-conventional fossil fuels as feedstock in the process industry
• Definition of a methodology and a set of environmental and economic indicators to assess and compare different CO2/CO and non-conventional fossil resources utilization routes
• Provide a comparative economic and environmental analysis of selected routes to help decision-makers understand the impact of different routes
• Provide a tool to compare new emerging routes in the future