Skip to main content
Go to the home page of the European Commission (opens in new window)
English en
CORDIS - EU research results
CORDIS

BUSINESS CASE ASSESSMENT FOR BIOCOAL MARKET UPTAKE

Project description

Promoting biocoal broader industrial adoption

Researchers are building on H2STEEL that developed green hydrogen and circular biocoal from biowaste for competitive, low-carbon steel production. The EIC-funded BCA-BIOCOAL project will expand the use of biocoal from this research beyond steelmaking to construction materials, offering potential for higher value and significant carbon footprint reductions. It will include market analysis, feasibility studies and a business case for biocoal incorporation into cement-based products and other construction products and materials. Key activities will involve assessing technical viability and market demand, definition of the market strategy and business case development. RE-CORD will undertake assessments, ensuring the project aligns with overarching sustainability goals and statutory obligations. The project thus ultimately aims at promoting a sustainable and profitable rollout of biocoal beyond steelmaking.

Objective

The proposed Booster Grant aims to expand the application of biocoal produced in the H2STEEL project beyond steelmaking to include cement manufacturing, potentially offering higher added value and significant carbon footprint savings. A comprehensive market analysis, technical and economic feasibility studies, and the development of a business case for biocoal in various industrial sectors are essential components of the proposal.

Key activities include assessing the technical viability and market demand for biocoal, identifying strategic industrial contacts, and analyzing the impact of the European Trading Scheme on target industries. RE-CORD, leveraging its expertise and established infrastructure, will lead the assessment and experimental tasks, ensuring the project's alignment with EU sustainability mandates.

The work package structure covers market assessment, strategy definition, and business case development. These will involve evaluating market dynamics, competitive landscape, financial viability, and operational strategies for biocoal introduction. The ultimate goal is to convince funding evaluators of the necessity to support the project for achieving a sustainable, profitable market rollout of biocoal, thereby extending the environmental and economic impacts of the H2STEEL innovations.

Fields of science (EuroSciVoc)

Keywords

Programme(s)

Topic(s)

Funding Scheme

HORIZON-CSA - HORIZON Coordination and Support Actions

See all projects funded under this funding scheme

Call for proposal

(opens in new window) HORIZON-EIC-2024-BOOSTER-IBA-01

See all projects funded under this call

Coordinator

CONSORZIO PER LA RICERCA E LA DIMOSTRAZIONE SULLE ENERGIE RINNOVABILI
Net EU contribution
€ 50 000,00
Address
VIALE KENNEDY 182
50038 Scarperia E San Piero
Italy
Region
Centro (IT) Toscana Firenze
Activity type
Research Organisations
Links
Total cost
No data