The EU funded MefCO2 project brings together eight partners throughout Europe together for one mission: to demonstrate the economic feasibility of valorising captured carbon dioxide (CO2) by turning it into a versatile platform chemical and renewable fuel such as methanol using hydrogen (H2) produced from renewable energy surplus.
The climate protection targets cannot be achieved by simply replacing conventional power plants by renewable energies. All economic sectors, especially transport, industry and households must contribute by significant reductions of their specific greenhouse gas emissions.
In general, renewable energy from wind, photovoltaic, hydropower and biomass is limited in its temporal availability. With an increasing share of the highly volatile power from wind and photovoltaics, their fluctuating nature demands reliable, efficient energy storage systems and back-up power to level out the mismatch between demand and renewable power generation.
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