co2-to-methanol: commercial scale technology ready to meet ......carbon recycling international...
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CO2-to-methanol: commercial scale technology ready to meet future climate challengesBenedikt Stefansson, Director of Business Development, CRI
7/5/20192
Carbon Recycling International – CRI: In a nutshell
Built, owns & operates first industrial scale CO2-to-methanol plant
Marketing certified renewable efuel across EU market since 2012
Turn-key implementation of CO2-to-methanol in Europe and China
CO2
CO2
Wanted: A liquid carrier for renewable energy which scales sustainably
3
CH3OH
Carbon Recycling International
Why choose methanol as power-to-x energy carrier?
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Clean combustion
Liquid = easy to use and distribute
Offers flexibility
No regrets option
Works at modest P and °C
Easily adjusts to variable load
Easily scaled up and down
No “messy” byproducts
Production Utilization
For effective and rapid transition we need liquid fuels
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0 0,5 1 1,5 2
2000
2010
2020
2030
2040
ICE PHEV BEV
2040 global car park still dominated by ICE and PHEV
Source: BP Energy Outlook
Billions of vehicles
Heavier load and longer range continues to require fuels
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0 200 400 600 800 1000
Rail
Buses
Air
Shipping
Road goods transport
Light vehicles
Fossil fuels Other fuels Electricity
2050 global transport energy mix dominated by liquid fuels
Million toe/yr
Source: IEA Energy Technology Perspectives
CRI’s Emissions-to-Liquids technology platform
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Clean conversion
CO2 purification
Electrolysis
CO2 emissions
Renewable energy
Transport
Chemicals
Methanol
H2 byproduct
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CRI’s CO2-to-methanol plant, Svartsengi, Iceland
Capacity 5 000 000 L (4000 t) per year from 18 t/d CO2
Pioneering e-fuel commercially under RED I since 2012
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ISCC Plus certified since 2012
Sold at competitive prices for:
• 3% – 100% gasoline blends
• Greener biodiesel production
• Fuel cell cars and ferries
Competitive price means:
• ... to best performing biofuels
Isn’t it to expensive, not sustainable or...?
JRC report on CO2-to-fuel 2017
Copyright of Shell
CHEM ICAL PTL SYN THESIS PATHWAYS
Abanades et.al. on CCU 2018 Shell Germany CTO on PtL 2018
Too expensive Use RES for EV directly Must convert to drop-in fuel
M. Perez-Fortes and E. Tzimas; Techno-economic and environmental evaluation of carbon dioxide utilisation for fuel production. Synthesis of methanol and formic acid; EUR 27629 EN; doi: 10.2790/981669
Abanades et. al “On the climate change mitigation potential of CO2 conversion to fuels” Energy Environ. Sci., 2017, 10, 2491
Warnecke W. “Fuels Options for Large Engines – Today & Tomorrow” Shell 2018
Isn’t it to expensive, not sustainable or...?
JRC on CO2-to-fuel 2017 Abanades et.al. on CCU 2018 Shell Germany CTO on PtL 2018
Based on average retrospective prices: commercial opportunity
Assumes RES not additional and that EVs are 100% substitutes
Assumes cost of reforming and Fischer-Tropsch: not necessary
Too expensive Use RES for EV directly Must convert to drop-in fuel
Not a common market? CO2 and counting Inconsistent WTW benefit
Incomplete transposition E-fuel has to prove ‘additivity’ No incentive for engine maker
Main challenges for commercialization
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Thank you
benedikts [at] cri.is
www.cri.is
@CarbonRecyclePR