CO2 Value Europe

CO2 Value Europe is proud to be part of the VIVALDI H2020 project, for which we lead communication and dissemination activities. The project aims to develop an innovative biotechnological solution to convert off-gas emissions from bio-based Industries into CO2-based chemicals, reducing the industry’s GHG emissions and revalorising them to lower the dependency on fossil fuels and the exploitation of key resources. The project launched a new episode of the "VIVALDI Talks" video series featuring our colleague Lara Tottolo, who discussed with the project coordinator the societal impact of CO2-related projects, exploring key messages to convey, how projects and policymakers interact and the social acceptance of this novel industry! 👇🏼

MEMBER NEWS | Welcome to Our New Member Greenlyte!   Greenlyte Carbon Technologies aims to mitigate climate change through its innovative Direct Air Capture (DAC) technology. Operating from Essen, Germany, with approximately 50 team members and over €25 million in funding, our new member captures CO₂ from ambient air and generates H₂ simultaneously, significantly reducing the costs of Carbon Capture and Utilisation (#CCU). This is done through a 3-stage process:   1 – Absorption in a liquid sorbent solution 2 – Precipitation as hydrogen carbonate 3 – Desorption by electrolysis   Their technology will enable the cost-effective production of synthetic fuels, such as those for aviation and maritime, and facilitate large-scale negative emissions. Greenlyte’s technology has been proven at various scales and they are currently building an integrated DAC to E-Methane facility in Duisburg, Germany launching in 2025.   Find out more about Greenlyte at https://lnkd.in/dnfynrYK.   By joining CO₂ Value Europe, organisations gain access to an exclusive network of innovators in the CCU industry. Membership provides numerous advantages, including the opportunity to showcase technology to potential partners and customers, and foster collaborations with like-minded pioneers for joint research and industrial projects. It also allows members to contribute to shaping a supportive CCU regulatory and economic framework through collective advocacy efforts. Additionally, members benefit from assistance in accessing public and private funding opportunities and increasing the visibility of their CCU activities to EU policymakers and the public. This offers a platform to drive innovation and promote CCU as a crucial solution to mitigate climate challenge.   More on the benefits of joining CO₂ Value Europe at https://shorturl.at/HLuwJ.   More on our members and how to join the association at https://shorturl.at/pzAbQ.

MEMBER NEWS I Three CO₂ Value Members Join the EIC Scaling Club: Driving Innovation to Address Global Challenges Our members Nordic Electrofuel, INERATEC and UP Catalyst have been selected as new members of the EIC Scaling Club - a specially curated community of Europe’s leading deep-tech scale-ups. This membership places our members within a dynamic network dedicated to fostering growth in companies tackling some of society’s most pressing challenges. This public announcement was made during the recent Scale 100 Forum, held from October 21-22 in Athens, Greece. As the second event organised by the EIC Scaling Club, the forum brought together influential stakeholders from across Europe, including active venture capitalists, corporate leaders, prominent EIC representatives, seasoned mentors, and industry experts. It provided an invaluable opportunity for meaningful connections and shared insights within the European tech landscape. Selection to the Scaling Club was based on rigorous criteria, with focus on six strategic sectors: 🔵 Agri & Food Tech 🔵 Batteries & Energy Storage 🔵 Cardiovascular Therapies 🔵 Clean Fuels & Hydrogen 🔵 New Biotech Platforms 🔵 New Space Tech The EIC Scaling Club brings together over 120 high-potential European deep-tech scale-ups, supported by investors and industry leaders, to accelerate their growth. This initiative, funded by the European Innovation Council and SMEs Executive Agency (EISMEA), is realised in collaboration with Tech Tour, Bpifrance (EuroQuity), Hello Tomorrow, Tech.eu (Webrazzi), EurA, and IESE Business School. Congratulations to our members for this significant milestone! Find the full PR at https://lnkd.in/dq67qnMx.

CCU POLICY I CO2 Value Europe Urges New Low Carbon Fuels Rules to Be Consistent and Fit-for-Purpose for Driving Defossilisation through CCU in Europe The European Commission’s consultation on the delegated regulation on low carbon fuels (https://lnkd.in/dTh5GJec) sets the scene for the adoption of a detailed methodology on how to define low carbon hydrogen and low carbon fuels (LCFs): it elaborates on how to calculate the 70% reduction in GHG emissions for LCFs compared to fossil equivalents. In our response to the consultation: 🔵 We call authorities to use this opportunity to offer clear and consistent rules, including by using concrete examples, to avoid the need for future guidance and give economic operators the clarity required to invest promptly in hydrogen and Carbon Capture and Utilisation (#CCU) technologies, helping accelerate Europe’s transition away from fossil fuels. 🔵 We also believe that further delays and legal uncertainties should be avoided by including specific timelines for reality checks and impact assessments to evaluate whether CCU fuel deployment rules are meeting the deadlines established in EU legislations (e.g. #REDIII, ReFuelEU Aviation, and FuelEU Maritime). 🔵 We invite the European Commission to clarify its plans to extend the #GHG comparator for RFNBOs in transport to include industrial sectors, as this directly affects the methodology for LCFs, which relies on the RFNBOs' GHG comparator. 🔵 We advocate for EU authorities to use consistent terminology throughout its different pieces of legislation and avoid reintroducing obstacles to the deployment of CCU fuels. Read our response to the public consultation on the delegated regulation on low carbon fuels here: https://lnkd.in/dXw6zHtK

CCU EVENTS I 2nd EU-Japan Research Cluster Workshop Join our partner Air4Craft’ 2nd EU-Japan Research Cluster Workshop, co-organised with with the support of the LAURELIN and ORACLE Project . This workshop will explore innovative production methods for synthetic fuels, a crucial step towards a defossilised global economy. The event offers a prime opportunity to share insights, discuss research, and connect with leaders in sustainable energy. 🗓️ Date: Friday, November 8, 2024 🕒 Time: 9:30 AM (CET) 📍 Location: Consejo Superior de Investigaciones Científicas, Brussels, Belgium Register now to secure your spot and view the full agenda at https://lnkd.in/dxWpxATZ. 

MEMBER NEWS | Welcome to Our New Member Skytree!   Skytree's Direct Air Capture (DAC) technology captures CO₂ directly from the atmosphere which provides continuous, on-site circular CO₂ and eliminates transport emissions. Their technology has the potential to revolutionise different systems and sectors, including the circular energy system by optimising heat waste and utilising atmospheric carbon for various Carbon Capture Utilisation (#CCU) applications such as green chemical processes.   By reducing dependency on fossil fuels, our new member’s DAC technology supports “defossilising” the value chain and enhances the circularity of various CCU applications including Controlled Environment Agriculture, Food & Beverages, Chemicals and Fuels. Skytree is currently working on several projects in the CCU space:   🔵 Controlled Environment Agriculture Projects: Skytree has 6 DAC units deployed in the Netherlands, Spain, and Canada. 🔵 Projects in the works include Power-to-X, water treatment and multi-use DAC hubs serving industrial zones.    Find out more about Skytree at https://www.skytree.eu/.   By joining CO₂ Value Europe, organisations gain access to an exclusive network of innovators in the CCU industry. Membership provides numerous advantages, including the opportunity to showcase technology to potential partners and customers, and foster collaborations with like-minded pioneers for joint research and industrial projects. It also allows members to contribute to shaping a supportive CCU regulatory and economic framework through collective advocacy efforts. Additionally, members benefit from assistance in accessing public and private funding opportunities and increasing the visibility of their CCU activities to EU policymakers and the public. This offers a platform to drive innovation and promote CCU as a crucial solution to mitigate climate challenge.   More on the benefits of joining CO₂ Value Europe at https://shorturl.at/HLuwJ.   More on our members and how to join the association at https://shorturl.at/pzAbQ. 

CCU EVENTS | Learning Opportunity: TAKE-OFF Final Conference Join us for the TAKE-OFF project Final Conference on the 11th of December 2024 at the KBR (Royal Library of Belgium) in Brussels, where we will explore the final results and future prospects of the TAKE-OFF project and synthetic Sustainable Aviation Fuels (#eSAF) production. To reduce GHG emissions in the aviation sector, the European Commission has set, through the #RefuelEU Aviation Regulation, binding targets for the supply of synthetic SAF in aviation. It is therefore crucial that the technologies for the production of such fuels are scaled up at an accelerated pace to provide the necessary volumes. The TAKE-OFF project has pioneered an innovative process to convert CO₂ and renewable hydrogen into eSAF using olefins as intermediates. This unique technology offers a cost-effective and energy-efficient solution compared to other power-to-liquid alternatives. By capturing CO₂ from industrial sources or through Direct Air Capture and combining it with renewable hydrogen, the project demonstrates the successful conversion of CO₂ into light olefins, which are then upgraded into eSAF. The conference will present the most innovative outcomes of the TAKE-OFF project from a technical viewpoint while highlighting the crucial role of standardisation and certification of eSAF for the future of aviation and the importance of a supportive policy framework for the deployment of eSAF in the aviation fuel mix. Furthermore, the TAKE-OFF final conference will highlight the advancements of key EU-funded projects focused on developing and commercialising eSAF and foster dialogue between policymakers, fuel producers, and airlines to ensure a smooth and efficient rollout of eSAF across Europe. This event will be of great interest to aviation professionals, policymakers, and sustainability advocates eager to learn how eSAF is key to a sustainable, safe, and economically viable future for aviation. Have a look at the draft agenda (https://t.ly/HFWvN) and register (https://t.ly/crr12) by the 4th of December at the latest. For more information please email Antonio La Mantia at [email protected]. Find out more about the conference and TAKE-OFF at https://t.ly/4wekb. CO₂ Value Europe is proudly part of the TAKE-OFF consortium as WP6 leader in communication and dissemination. The project plans to develop a next-generation Power-to-SAF process which converts renewable hydrogen and captured CO₂ to a class of hydrocarbons called light olefins, such as ethylene and propylene, which then need to be subsequently converted into the final jet fuel through further reactions.

CO2 Value Europe is proudly part of the TAKE-OFF project as WP6 leader in communication and dissemination. The project plans to develop a next-generation Power-to-SAF process which converts renewable hydrogen and captured CO2 to a class of hydrocarbons called light olefins, such as ethylene and propylene, which then need to be subsequently converted into the final jet fuel through further reactions. Our colleague Antonio La Mantia is there to showcase the TAKE-OFF efforts in advancing more sustainable and reliable synthetic sustainable aviation fuel (eSAF)!

MEMBERS NEWS I Fortum Recycling & Waste Succeeds in Producing Biodegradable Plastics Entirely from CO₂ Emissions Our member Fortum Recycling & Waste, a leading Finnish company in waste management and circular solutions, has achieved a breakthrough by producing biodegradable plastic from carbon dioxide (CO₂) emissions generated by waste incineration at its Riihimäki plant. This innovation, utilising carbon capture and utilisation (#CCU) technology, marks a key milestone in reducing and repurposing industrial CO₂ emissions for more sustainable plastic production. Tony Rehn, Head of Fortum’s #carbon2x concept (https://shorturl.at/YYO1v), launched in April 2022, emphasises that utilising captured CO₂ as a raw material offers a more sustainable solution for addressing future resource scarcity, while also promoting the circular economy through CCU technologies. This #innovation will help reduce dependence on fossil-based raw materials, such as biodegradable plastic, improve Europe’s self-sufficiency, and decarbonise waste incineration. This sustainable alternative has similar qualities to traditional plastics and can be recycled. It also decomposes without leaving harmful microplastics in nature. Fortum aims to launch industrial production by the end of the decade, with the new brand “plastics born from CO₂” debuting in the European market in November 2024. Read more about the published press release at https://shorturl.at/Pn666

CCU EVENT I Webinar for CO₂ Value Europe Members on the Role of CCU in the Path towards a Climate-Neutral EU In collaboration with Bioenergia, the Bioenergy Association of Finland, we are organising a webinar for our members on Tuesday, the 29th of October, from 10-11 am (CET). The webinar will deep dive into CO₂ Value Europe’s first-of-a-kind quantitative assessment (https://lnkd.in/d-XTrJHv )  of the contribution of Carbon Capture and Utilisation (#CCU) towards climate neutrality in the EU. The report, launched in January 2024, is the result of a thorough two-year exercise conducted in collaboration with international academic, industrial, technological, and economic experts on CCU, inside and outside our membership. The multidisciplinary study aims to understand and quantify the potential of CCU but also to describe the main parameters and key uncertainties associated with the upscaling of these technologies. The event is open to CO₂ Value Europe and Bioenergia members only. If you are a member and wish to participate, please feel free to contact our colleague Lara Tottolo at [email protected] for further information.