Funded by the European Union H2020 programme, the C4U project spans demonstration of two highly efficient solid based CO2 capture technologies for optimal integration into an iron and steel plant and detailed consideration of the safety, environmental, societal, policy and business aspects for successful incorporation into the North Sea Port CCUS industrial cluster in Belgium and the Netherlands.
Given that the greatest barriers to the development of CCUS in Europe are commercial, rather than technological issues, we develop novel business models to ease deployment (WP6). They aim to establish the long-term business case by considering the concerns of various stakeholders and identifying optimal scenarios to overcome financial risks.
Heleen de Coninck provides an overview of the findings on carbon capture and storage from the Summary for Policymakers of the latest IPCC report on climate change mitigation.
This week, the C4U project held its fourth General Assembly. It takes place every 6 months and is an opportunity for the work package leads to update all consortium partners about their progress.