1) What is the role of UNIGE within the MefCO2 project?
Daria Bellotti (DB): The role of UNIGE within MefCO2 project is to perform a techno-economic analysis in order to define the economic feasibility of the MefCO2 concept, to identify the parameters that main affect the viability of the system in the short terms and identify the best economic scenario.
2) How would you describe the collaboration between industry and university in this collaborative framework (H2020 program)?
DB: The collaboration between industry and university is a crucial aspect to connect the academic framework to the industrial behavior and to ensure that the analyses are as more as possible correlated to a real study-case in a real scenario. In this project the collaboration between industry and university has been very fruitful while respecting the confidentiality. The continuous exchange of knowledge has led to an increase in understanding of what were the most critical aspect and how to handle them.
3) Is the model proposed by MefCO2 economically viable?
DB: The model proposed by MefCO2 has demonstrated to have a great economic potential, especially considering that (a) in the next decades the CO2 emission from industrial plants will be more and more limited by increasing the EUA costs, (b) the cost of fossil fuels is expected to increase and (c) that the use of alternative fuels with a low environmental impact will be promote by the governments to face the global warming issue.
4) Which are the key factors directly the economics of the project?
DB: Nowadays, the factor that most affect the economic viability of the system is the high capital cost of the electrolyser due to its relative small market but it is set to decrease considering the increasing interest in the power-to-fuel process and the need to manage the increasing renewable energy exploitation.
5) Who could benefit from a technology like the one being developed in MefCO2?
DB: The technology proposed by MefCO2 could benefit a wide range of users:
- The power plants for increasing the flexibility and recycling the wasted CO2.
- The industrial plants (such as manufacturing – coke plant…) for exploiting the energy excess and extending and diversifying the products' portfolio.
- The small-medium-large renewable plants (wind – solar- hydro) for increasing the sources exploitation by energy storage and increasing the grid stability.