Industrial Decarbonization: The Next Challenge
As per the Paris Agreement at the UNFCC COP of 2015, member states agreed to limit global warming to 2 °C versus pre-industrial levels. Based on this member states have set up targets under Intended Nationally Determined Contributions(NDCs).
The industrial sector accounts for about 28 percent of global greenhouse gas emissions, so it is evident that these targets cannot be reached without decarbonization of industrial activities. Industries have a long lifetime, so upgrading these facilities to lower GHG emissions requires meticulous planning, and investments should start well in advance. Three industrial sectors – iron and steel, non-metallic minerals (glass, ceramics, etc.) and chemical industries – are responsible for 70% of all global direct industrial CO2 emissions today. These sectors are hard to abate, due to their relatively high share of emissions from feedstocks and high-temperature heat requirements.
This presentation reviewed the latest technological developments in industrial decarbonization as there is a need to identify the most promising technologies, processes and business models in energy-intensive sectors to help meet the ambitious climate targets.