As advancement beyond the state-of-the-art, FReSMe represents the first overall demonstration at TRL 6 of methanol production and use from residual gases in the Iron & Steel industry and both BFG and electrolysis for supplemental H2. A CO2 sorbent and cycle development will be set up, together with catalyst development and process optimisation for residual steel gases in the conversion to methanol. The societal impacts will play a significant role in the project. The process is an example of how the right combination of technology and innovation might lead to an efficient use of renewable power while CO2 emission reductions are being accomplished and additional economic income is obtained through the sales of methanol. Cost competitive decarbonization is key to prevent carbon leakage thus retaining qualified jobs in an strategic sector in European soil while minimizing the environmental impact of industrial activities. Being environmentally friendly and fostering sustainability can be an additional source of revenues and wealth if the appropriate technologies are developed with the needed industry bias. In this case, FReSMe will combine the best available knowledge, from chemical engineering to standard industrial processes in order to obtain a profit from the economic and environmental (CO2 capture and fossil fuel substitution) perspectives. When technology reaches commercial status, European ownership of key technologies and know-how will contribute to global leadership in this area. The impact on job creation, may largely be viewed as the creation of the demand of highly skilled professionals (predominantly engineers), who are to be responsible for technology adaptation, deployment and operation. Bromberg and Chen estimated that methanol plants can create between 50 and 120 direct jobs. Hence,80 direct jobs can be created in the steel plant. Indirect job creation is estimated at 560 jobs.
Main impacts
- Demonstration, in a relevant environment and scale of the technical and economic feasibility of novel and environmentally friendly processes for CO2 conversion of high volume added value products such as chemicals and/or fuels
- Reduction of the emissions of greenhouse gases on full LCA basis
- Significant decrease of the costs of CCU vs. CCS
- Improved energy and resource intensity with respect to conventional manufacturing of the product