Techno-Economic Assessment & Life-Cycle Assessment Guidelines for CO2 Utilization

• Main Authors: Zimmermann, Arno, Müller, Leonard Jan, Marxen, Annika, Armstrong, Katy, Buchner, Georg, Wunderlich, Johannes, Kätelhön, Arne, Bachmann, Marvin, Sternberg, André, Michailos, Stavros, Naims, Henriette, Styring, Peter, Schomäcker, Reinhard, Bardow, André
• Other Authors: Department of Reaction Engineering, Technische Universität Berlin, Institute for Technical Thermodynamics, RWTH Aachen University, IASS -Institute for Advanced Sustainability Studies e.V., UK Centre for Carbon Dioxide Utilization, Department of Chemical and Biological Engineering, The University of Sheffield, Sheffield, UK
• Format: Report
• Language: English
• Published: 2018
• Subjects: CO2 Utilization; CCU; Carbon Capture and Use; Techno-Economic Assessment; Life-Cycle Assessment; Global CO2 Initiative; LCA; TEA; Standardizing LCA/TEA; Ocean acidification
• Online Access: http://hdl.handle.net/2027.42/145436; https://doi.org/10.3998/2027.42/145436

NOTE: Updated version 1.1 available at http://hdl.handle.net/2027.42/162573 Climate change is one of the largest challenges of our time. One of the major causes of anthropogenic climate change, carbon dioxide, also leads to ocean acidification. Left unaddressed, these two challenges will alter ecosystems and fundamentally change life, as we know it. Under the auspices of the UN Framework Convention on Climate Change and through the Paris Agreement, there is a commitment to keep global temperature increase to well below two degrees Celsius. This will require a variety of strategies including increased renewable power generation and broad scale electrification, increased energy efficiency, and carbon-negative technologies. We believe that Life Cycle Assessment (LCA) is necessary to prove that a technology could contribute to the mitigation of environmental impacts and that Techno-Economic Assessment (TEA) will show how the technology could be competitively delivered in the market. Together the guidelines for LCA and TEA that are presented in this document are a valuable toolkit for promoting carbon capture and utilization (CCU) technology development. Development of standardized CO2 Life Cycle and Techno-economic Assessment Guidelines was commissioned by CO2 Sciences, Inc., with the support of 3M, EIT Climate-KIC, CO2 Value Europe, Emissions Reduction Alberta, Grantham Foundation for the Protection of the Environment, R. K. Mellon Foundation, Cynthia and George Mitchell Foundation, National Institute of Clean and Low Carbon Energy, Praxair, Inc., XPRIZE and generous individuals who are committed to action to address climate change. https://deepblue.lib.umich.edu/bitstream/2027.42/145436/3/Global_CO2_Initiative_TEA_LCA_Guidelines-2018.pdf -1