New business opportunities based on biogenic carbon dioxide utilization

    Research output: Chapter in Book/Report/Conference proceedingConference article in proceedingsScientificpeer-review

    Abstract

    Biogenic CO2 converted into hydrocarbons with renewable electricity can simultaneously provide raw materials and fuels, a positive climate impact and a healthy business. Integrated CO2 capture and utilisation (CCU) options benefit from a local CO2 source substantially reducing the CO2 transportation costs, energy integration and the possibility to utilise the produced fuels and chemicals on-site. The key objective of this paper is to find feasible utilisation pathways for biogenic CO2 in biomass driven industry sectors. The study includes techno-economic feasibility analyses of specific system operations from the viewpoint of operator or investor in different market scenarios. As the main results, operational costs and incomes as well as profitability indicators are presented for each CCU-pathway. The results from this work show that CO2-based fuels or chemicals are generally not yet competitive with traditional processes, but business cases may be identified via efficient process integration and taking advantage of the process flexibility possibility. The results are also much dependent on the chosen market parameters, especially on the assumed electricity market price.
    Original languageEnglish
    Title of host publication14th International Conference on Greenhouse Gas Control Technologies, GHGT-14
    PublisherSSRN eLibrary
    Number of pages12
    Publication statusPublished - 15 Apr 2019
    MoE publication typeNot Eligible
    Event14th International Conference on Greenhouse Gas Control Technologies, GHGT-14 - Melbourne, Australia
    Duration: 21 Oct 201825 Oct 2018
    Conference number: 14

    Conference

    Conference14th International Conference on Greenhouse Gas Control Technologies, GHGT-14
    Abbreviated titleGHGT-14
    Country/TerritoryAustralia
    CityMelbourne
    Period21/10/1825/10/18

    Fingerprint

    Dive into the research topics of 'New business opportunities based on biogenic carbon dioxide utilization'. Together they form a unique fingerprint.

    Cite this