Krishnan & Associates (K&A) attended the Energy from Waste Conference in London, England, and met with a number of stakeholders in the carbon capture utilization and sequestration (CCUS) industry. Most of the discussions was focused on CO2 reduction from waste-to-energy plants in Europe and their operating experiences. Presenters discussed a lot of interesting data on various CCS pilot waste-to-energy projects, including amine and non-amine technologies, pilot protocols, challenges, results, and costs.
In a presentation by the Project Director of the largest WTE CCS project in the world commissioned by Fortum, the full turnkey EPC cost was estimated at 700 million euros for removing 350,000 tons of CO2. The cost estimate cited included CCS capex cost and ten years of O&M. No real monetization of the CO2 captured was achieved, as all of it was sequestered. The presenters also discussed the possibility of monetizing the heat. All the major providers of CCS technologies, including amine and non-amine, presented their technologies, including AKER, Technip, Shell, and CO2 Capsol, etc. There were also some discussions around converting the captured CO2 into chemicals like methane-derived products, polyurethane, insulation material, glue, jet fuel, and combining CO2 with green hydrogen to produce green jet fuels.
K&A is a specialized techno-commercial marketing consulting firm focused on a range of energy transition technologies and their viability including the application of Carbon Capture, Transport, and Sequestration for a range of industrial applications including Power Generation, Waste-to-Energy, Steel, and Cement industries. We have worked on numerous market analysis and market forecasts for CCUS and Hydrogen technologies.
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