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ELEGANCY

Project ID

Full name

Enabling a Low-Carbon Economy via Hydrogen and CCS

Funding period:

08/2017-01/2020

Grant agreement no.:

691712

Coordinator:

Svend Tollak Munkejord

Website:

www.sintef.no/projectweb/elegancy/

As the only technology that can substantially reduce CO2 emissions from fossil fuels and industrial processes, CCS is an essential component in the vast majority of IPCC scenarios with a likely global  global warming of 2°C or less. Indeed, without CCS, it will be extremely difficult to keep the rise in global temperature within the limits set by the Paris Agreement. Yet there is a large disconnect between policy ambitions and technology readiness – and industrial uptake. This is mainly due to the lack of a business model: costs are immediate, but the benefits are long term.

Partners

Contact

Svend Tollak Munkejord Chief Scientist
SINTEF Energy Research
473 78 042