CO2 Value Europe

MEMBER NEWS | Our Member eChemicles Partners with Bosch Thin Metal Technologies to Accelerate CO₂ Electrolysis Technology Our member eChemicles announced a strategic partnership with Bosch Thin Metal Technologies (Bosch Transmission Technology B.V.) to accelerate the commercialisation of a novel Carbon Capture and Utilisation (#CCU) technology. By using carbon-free electricity sources, this innovative technology will explore the electrochemical reduction of carbon dioxide to generate high-value green chemicals commonly used in the chemical value chain across multiple industries, such as chemicals, steel, petrochemicals, plastics, and synthetic fuels. This partnership will help enable the prompt delivery of advanced sustainable solutions to a broader user base. Through this collaboration, eChemicles will scale up the production of their electrolyser stack by leveraging Bosch Thin Metal Technologies’ expertise in high-precision manufacturing and the utilisation of advanced techniques like thin-metal stamping. Together, they are developing reliable and cost-effective CO₂ conversion solutions that will help industries defossilise their operations. Find more information at https://t.ly/phcJw.

CCU EVENTS I Exclusive Discount for CO₂ Value Europe Members at 38th CRU Nitrogen+Syngas Expoconference CO₂ Value Europe is a supporting partner at the CRU's 38th Nitrogen+Syngas Expoconference, taking place from 10-12 February 2025 in Barcelona, Spain. This conference and exhibition offer an ideal platform for industry professionals to connect and learn about the latest #innovations in operations, technology, processes, and equipment. The annual meeting attracts a global audience of producers, licensors, and materials and equipment providers representing an unparalleled opportunity for business networking and peer-to-peer knowledge sharing. The agenda showcases the latest advancements in operations, technology, and product diversification with a significant focus on energy efficiency, #carboncapture, and #GHG emissions, as well as dedicated sessions on innovations in digitalisation and future fuels; and training in plant safety and reliability. NEW in 2025: 🔵Investment + Commercial Day, 10 February 🔵Certified Operator Training Programme, 10 February Joey Dobrée from NEXTCHEM, who is a partner in the INITIATE project (in which CO₂ Value Europe is the WP7 leader in communication and dissemination) will be participating in the Industry Keynote Panel: Transforming the nitrogen and syngas industry, on Monday the 10th of February from 4:00-4:45 pm. CO₂ Value Europe members are entitled to a special discount on registration. If you wish to claim or receive more information about the discount code, please contact our colleague Lili Chatzikonstantinou at [email protected]. Please find more information about the agenda and the event at https://bit.ly/4hWpZEE.

+++New EU Project ICO₂NIC to Transform Industrial CO₂ Waste into Valuable Feedstock+++ With €14 million in funding from the European Commission, the ICO₂NIC project will drive the development of Carbon Capture and Utilisation (#CCU) technologies by transforming industrial CO₂ waste into valuable resources, advancing economic sustainability and helping to achieve EU climate targets. Launching in January 2025, the ICO₂NIC strategy will promote CO₂ capture and electrochemical conversion to transform industrial CO₂ waste into valuable feedstock. The project aims to capture and valorise waste CO₂, making CCU economically viable, and paving the way to substantially reduce global emissions. Through ICO₂NIC’s CO₂ capture and conversion technologies, the project will be able to produce high-value goods and materials, creating opportunities for long-term CO₂ capture in Europe. Key aspects the project will focus on include: 🔵 Capturing and electrochemically converting CO₂ into formic acid. 🔵 Using renewable energy and innovative technologies to reduce CO₂ emissions and energy consumption. 🔵 Producing high-value goods and materials while supporting decarbonisation efforts in the EU refinery sector. The project consortium consists of 11 partners across the CCU value chain: SINTEF, Avantium, Tüpraş, Cool Planet Technologies, b.fab GmbH, Procter & Gamble, IDENER.AI, NoPalm Ingredients, Bio Base Europe Pilot Plant, TNO, and CO2 Value Europe. Over the next 4 years, CO₂ Value Europe will be a proud member of the ICO₂NIC consortium by leading its communication and dissemination. Find the full press release at https://t.ly/blO23.

Meet the Flexby partners!🤝 CO2 Value Europe are a non-profit association representing the Carbon Capture and Utilisation community in Europe. The Association cultivates an extensive network of organisations and individuals who collectively endorse the vision that Carbon Capture and Utilisation (CCU) technologies are essential for the European Union to achieve its climate objectives. CVE will lead the clustering activities of the project. Learn more about the Flexby consortium here > https://lnkd.in/eK7vmdnz CINEA - European Climate, Infrastructure and Environment Executive Agency #horizoneu #biofuels #collaboration #networking #carboncapture #carbonutilisation

Dear CO₂ Value Europe members and followers,   As 2024 comes to a close and we prepare for the winter break, it’s the perfect time to reflect on our progress in advancing Carbon Capture and Utilisation (#CCU) in Europe and beyond. In a world focused on cost-effective climate change solutions, our efforts are more relevant than ever. This year, we’ve reached significant milestones in CCU technologies, research, and policy. From groundbreaking advancements in turning CO₂ into valuable products to the collaborative work of our members and Scientific Advisory Committee driving policy and research, the momentum for CCU is undeniable despite the challenges. In early 2024, we published our first quantitative assessment of the CCU’s contribution to climate neutrality in the EU, highlighting its potential as a climate-mitigating solution. The European Commission recommended ambitious 2040 climate targets, and the Industrial Carbon Management Strategy gave a first quantification of CCU volumes needed in 2040 and 2050. The Net Zero Industry Act also put forward CO₂ utilisation and CCU fuels as net zero technologies. The new EU elections brought shifts in the European Parliament but Ursula von der Leyen committed to the objectives of the Green Deal upon reelection. We now also focus on the Clean Industrial Deal’s potential impact on CCU projects in the coming years. The Innovation Fund calls launched in December present fresh opportunities for our members to accelerate defossilisation projects. These include new targets for net-zero technologies and renewable hydrogen production through the European Hydrogen Bank auction. These accomplishments, highlighted by our growth to 31 new members, are a clear demonstration of the dedication and collective commitment of our community, united by a shared vision. As we take a well-deserved holiday break, let’s reflect on our progress, recharge for 2025, and reaffirm our shared goal of mitigating climate change. We wish you a restful and joyful holiday season and thank you for being an essential part of this journey. Warm regards, The CO₂ Value Europe Secretariat Find our newsletter at https://bit.ly/4gAjEgL.

MEMBER NEWS I Five CO₂ Value Europe Members Named Top Innovators in UpLink - World Economic Forum’s - Global CCU Challenge! During the recent World Economic Forum, UpLink launched a global call for innovative start-ups working towards carbon recycling through industrial carbon capture and utilisation (#CCU) technologies. Through such targeted challenges, UpLink, the early-stage innovation initiative of the World Economic Forum, supports early-stage entrepreneurs and builds an innovation ecosystem to drive positive systemic change for people and planet. We warmly congratulate our members D-CRBN, Dioxycle, eChemicles, Greenlyte Carbon Technologies, and UP Catalyst for being recognised among the 11 top innovators by Uplink’s Global CCU Challenge. Only eleven start-ups were selected as top innovators from an impressive 315 proposed solutions which demonstrated the economic viability and growth potential of industrial CCU technologies. Discover our top innovators members who contributed to creating a real impact: 🔵 D-CRBN, which achieved the second place in this challenge, utilises its proprietary plasma-based technology to recycle captured CO₂ into valuable products like e-fuels, polymers, and chemicals, forming the basis of a circular carbon economy that promotes a net-zero future. 🔵 Dioxycle, which won the third place, is generating sustainable ethylene through breakthrough electrolysis technology. Its core technology is a patented electrolyzer that cuts out fossil fuels from the production of ethylene and serves as the missing link that allows renewable electricity to be transformed into essential commodities, such as jet fuel, textiles, auto parts, and building materials. 🔵 eChemicles developed the best performing and scalable CO₂-to-CO conversion electrolyzer technology, capable of directly utilizing CO₂ in a waste-to-wealth manner. 🔵 Greenlyte Carbon Technologies converts captured CO₂ and H₂ into green hydrocarbons for a fossil-free future. 🔵 UP Catalyst produces graphite and carbon nanotubes from CO₂ emissions, reducing reliance on fossil-based carbon materials. Winners of this challenge benefit from targeted support, exclusive networks, and the chance to share part of the CHF 300,000 prize, enabling further development and scale-up of their solutions. Learn more about this challenge at: https://shorturl.at/KFg3y

Over the past four years, CO₂ Value Europe has been a proud partner in the TAKE-OFF project, focusing on communication and dissemination efforts. Our role has been to help ensure that the project's key results and developments were effectively shared with relevant stakeholders, contributing to the ongoing dialogue on sustainable aviation fuels. The final conference marked an important milestone in this collaborative effort, highlighting the progress made in reducing emissions and advancing solutions for a more sustainable aviation sector. We look forward to continuing our work in supporting the industry's transition to greener alternatives.

CCU POLICY | Our Recommendations for an Ambitious Clean Industrial Deal The new European Commission announced the launch of the Clean Industrial Deal within its first 100 days, a landmark policy package that will set the priorities at the EU level for the 5 next years. It is expected to accelerate the transition to a sustainable economy and strengthen industrial competitiveness. As a representative of the Carbon Capture and Utilisation (#CCU) community in Europe, CO₂ Value Europe urges policymakers to ensure the Clean Industrial Deal addresses two key needs: 🔵 Ambitious policies for a clear shift away from fossil fuels. 🔵 Legislation that supports the deployment of cleantech projects. Despite progress in net-zero technologies, cleantech projects are not scaling as quickly as needed. Our recent quantitative assessment (https://t.ly/s9nLa) shows that CCU plays a critical role to reach climate goals by substituting fossil feedstocks for sustainable alternatives in valuable products like synthetic fuels, chemicals, and construction materials. Through the Clean Industrial Deal, we urge the new Commission to recalibrate policies to position Europe as a global leader in environmental innovation while enhancing its industrial competitiveness: 🔵 Include CCU in the Clean Industrial Deal and all incoming legislation as a pathway to decrease emissions in Europe. 🔵 Accelerate the support to CO₂ mineralisation projects through certification. 🔵 Take stock of progress and hurdles for CCU fuels production. Introduce legal obligations to use alternative carbon feedstocks in chemicals, packaging, textiles, or cosmetics. 🔵 Continue to increase investments in CCU research and innovation. As the CCU community, we see the Clean Industrial Deal as a key opportunity to align climate goals with the necessary rules for industry defossilisation to drive a fossil-free market ramp up. Our 7 policy recommendations (https://t.ly/xFzNi) outline how to unlock CCU's full potential. Read our full statement at https://t.ly/S0wKu. 

CVE NEWS I Our Scientific Director Invited to Present CCU Insights to CIRCUIT On 3rd December, our Scientific Director, Célia Julia Sapart, was invited to present CO₂ Value Europe and share the findings from our quantitative assessment, ‘’The Contribution of CCU Towards Climate Neutrality in Europe’’, during a webinar for CIRCUIT postgraduates and professors. This report, launched earlier in January, is the culmination of a rigorous two-year effort conducted in collaboration with international experts from academia, industry, and technology sectors, both within and beyond our membership. The multidisciplinary study aims to evaluate and quantify the potential of carbon capture and utilisation (#CCU) technologies while highlighting key parameters and uncertainties related to scaling these technologies effectively. In her presentation, our colleague delved into the opportunities and challenges of scaling up CCU technologies, with a particular focus on the necessity of assessing their broader climate impact. The Centre for Innovation and Research on Carbon Utilisation in Industrial Technologies (CIRCUIT) is a Canadian research and innovation hub dedicated to advancing the development and large-scale implementation of carbon utilisation technologies. It achieves this by training highly skilled professionals, driving innovation, and tackling both technical and environmental challenges within the field. Find our quantitative assessment at https://lnkd.in/d-XTrJHv. Find more about CIRCUIT at www.circuitco2.ca.

CCU OPPORTUNITIES I EU Innovation Fund: New Calls and Opportunities for CO₂ Value Europe Members in Decarbonisation and Green Hydrogen Earlier this month, the European Commission launched two calls for proposals under the Innovation Fund, with a total budget of €3.4 billion. At the same time, the second auction of the European Hydrogen Bank was announced, aiming to accelerate the production of renewable hydrogen within the European Economic Area (EEA). This initiative is backed by €1.2 billion in EU funding. The general call for proposals, worth €2.4 billion (IF24 Call), is focused on supporting net-zero technologies. It seeks to fund defossilisation projects of varying scales, as well as initiatives targeting the manufacturing of components for renewable energy, energy storage, heat pumps, and hydrogen production. Applications to the Net-Zero Technologies Call will be evaluated on their potential to reduce greenhouse gas emissions, degree of innovation, project maturity, replicability, and cost efficiency. For the first time, Member States can complement the Net-Zero IF24 Call with their own national funding schemes under a new option called ‘Grants-as-a-Service’. This approach leverages the Innovation Fund's evaluation and streamlined State aid approval processes. Project promoters for the Net-Zero Technologies and Battery Calls have until 24 April 2025, 5 pm CET, to submit applications. Details are available at https://lnkd.in/dqiDv9Wy. The second auction under the European Hydrogen Bank will allocate €1.2 billion, sourced from EU Emissions Trading System (ETS) revenues, to support producers of renewable hydrogen categorised as Renewable Fuel of Non-Biological Origin (#RFNBO) within the EEA. Interested participants have until 20 February 2025 to apply via https://lnkd.in/dqiDv9Wy. Potential applicants are strongly encouraged to attend the online Info Day, taking place from 17–18 December 2024. Please register at https://lnkd.in/dTMbgnGb. The EU Innovation Fund programme is among the world’s largest grant schemes supporting first-of-a-kind low-carbon technologies. From 2020 to 2030, it is expected to provide approximately €40 billion to accelerate the commercial demonstration of innovative low-carbon solutions, enabling industries to reduce their carbon footprints and transition towards climate neutrality. #InnovationFund #NetZero #RenewableHydrogen #ClimateNeutrality #EUFunding