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SUMMARY:A novel market potential assessment for adoption of industrial deca
 rbonisation concepts
DESCRIPTION:Research seminar:\nA novel market potential assessment for adop
 tion of industrial decarbonisation concepts\nGlobally\, industry produces 
 28% of greenhouse gas emissions. The industrial sector is also at the core
  of developing low-carbon technological solutions and transformational inf
 rastructure needed to decarbonise other sectors like power\, buildings\, a
 nd transport. Achieving the Paris Agreement and the UK’s 2050 Net Zero t
 arget cannot be reached without decarbonizing industrial activities.\nEven
  though pathways comprising several demonstrated concepts such as advanced
  energy and material efficiency\, switching to alternative fuels and feeds
 tocks\, carbon capture utilisation and storage\, and greenhouse gas remova
 l technologies have been synthesised to support industrial decarbonisation
 \, uptake of these concepts by industry remains low due to high costs and 
 loss of competitiveness. Previous research applies techno-economic analysi
 s to determine the economic viability of integrating industrial decarbonis
 ation concepts into an industrial site\; however\, the size of a market ca
 nnot be leveraged to generate sufficient demand to reduce costs and assess
  uptake based on several interventions via policy and business models usin
 g techno-economic analysis. Demand and associated manufacturing volume inc
 reases are projected to deliver capital cost reductions due to increasing 
 automation\, learning and economies of scale\, and sufficient intervention
 s are required to generate and sustain demand until the concepts are marke
 t driven.\nThis talk presents a novel simulation and optimisation-based ma
 rket potential framework to support uptake of industrial decarbonisation c
 oncepts. Several case studies are presented to illustrate the methodology.
  The first case study considers uptake of hydrogen fuel for energy provisi
 on in the UK chemical industry (market comprises of 479 boilers and 116 CH
 Ps)\, the second case study considers fuel switching to biogas and technol
 ogy switching to solid oxide fuel cells in the European waste water treatm
 ent plants (market comprises of 6181 plants in 27 European countries)\, an
 d the third considers carbon capture and storage in iron and steel plants 
 globally (market comprises of 400 plants in 44 countries).\nBiography:\nDr
  Gbemi Oluleye is an Assistant Professor (Lecturer) in the Centre for Envi
 ronmental Policy and a member of the Sargent Centre for Process Systems En
 gineering with over 15 years combined experience in academia and the proce
 ss industry. Her research is centred on developing frameworks to support a
 doption of low-to-Zero carbon innovations for industrial systems (comprisi
 ng industrial processes and their associated energy systems for a plant\, 
 site\, or cluster). She has worked as the lead researcher in a range of pr
 ojects in both academia and industry\, covering advanced waste heat recove
 ry in the energy intensive industry\, efficient energy integrated solution
 s for manufacturing industries\, integration of renewable energy in indust
 ry\, hierarchical ordering of decarbonisation measures for some foundation
  industries\, exploiting business models to support technology adoption\, 
 fabric integrated thermal storage for low carbon dwellings\, quantifying d
 istributed energy potential for the UK\, commercialisation of low carbon t
 echnologies like solid oxide fuel cells in Europe\, emerging strategies fo
 r decarbonising energy intensive industries\, and renewable gas production
  in Europe\, and globally.\nAbout Energy Futures Lab\nEnergy Futures Lab i
 s one of seven Global Institutes at Imperial College London. The institute
  was established to address global energy challenges by identifying and le
 ading new opportunities to serve industry\, government and society at larg
 e through high quality research\, evidence and advocacy for positive chang
 e. The institute aims to promote energy innovation and advance systemic so
 lutions for a sustainable energy future by bringing together the science\,
  engineering and policy expertise at Imperial and fostering collaboration 
 with a wide variety of external partners.
URL:https://www.imperial.ac.uk/events/145337/a-novel-market-potential-asses
 sment-for-adoption-of-industrial-decarbonisation-concepts/
DTSTART;TZID=Europe/London:20220324T120000
DTEND;TZID=Europe/London:20220324T130000
LOCATION:United Kingdom
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