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ENERGEAN OIL & GAS S.A. - ENERGEAN OIL & GAS - AEGEAN ENERGY EXPLORATION AND PRODUCTION OF HYDROCARB

ENERGEAN OIL & GAS - ENERGEIAKI AIGAIOU ANONYMI ETAIREIA EREVNAS KAI PARAGOGIS YDROGONANTHRAKON
Country: Greece

ENERGEAN OIL & GAS S.A. - ENERGEAN OIL & GAS - AEGEAN ENERGY EXPLORATION AND PRODUCTION OF HYDROCARB

2 Projects, page 1 of 1
  • Funder: European Commission Project Code: 101136217
    Overall Budget: 35,697,000 EURFunder Contribution: 29,285,900 EUR

    COREu will demonstrate key enabling technologies in a CCS value chain and support the development of three new CCS routes in Central-East Europe (CEE), helping accelerate CCS development . COREu will (a) provide the means for development of an open-access, trans-national network (infrastructure and logistic) to connect emitters with storage sites in Europe, by identifying multimodal transport requirements, and developing emitters’ clusters to create the demand and the investment rationale, (b) increase the knowledge of the CCS value chain across Europe through interconnected initiatives, sharing of experience, knowledge and data to create a common framework that encompasses all key aspects of CCS deployment: technological know-how, business models, consensus management, monitoring, reporting and validation, policy framework, transport and storage safety. COREU will contribute to 6.8Mt/year in CO2 reduction by 2035 and 36Mt/year by 2050, develop 8 innovations for Measurement Monitoring Verification, interoperability and Value Chain Monitoring, and improve the Internal Rate of Return of CO2 infrastructure investment by 6% through de-risking core technologies.

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  • Funder: European Commission Project Code: 101096691
    Overall Budget: 39,654,400 EURFunder Contribution: 29,632,100 EUR

    HERCCULES aims at defining a first-of-a-kind, integrated and replicable approach for the implementation of the whole CCUS chain to two strategic sectors of the circular economy - Cement and Energy-from-Waste (EfW) – in an area – Italy and Greece – where the industrial promise of CCUS is largely unexplored. Leveraging on the potential of two clusters of emitters in Northern Italy (cement + EfW) and Greece (cement), HERCCULES will pave the way towards the implementation of the first full-scale CCUS chain in Southern Europe. Technological, infrastructural, safety, societal, regulatory and financial issues will be addressed by a multidisciplinary approach to build an “HERCCULES paradigm” comprising nine basic chapters. 1) TRL7-8 demonstration of 2 flexible and retrofittable CO2 capture technologies, to be tested in 2 large-scale cement plants + 1 EfW plant with residual waste/biomass feed to approach nearly zero or negative emissions (>9000 h of tests). 2) Design of the optimal CO2 transport network for utilization and storage under different infrastructural evolution scenarios. 3) TRL8 Geological storage of captured CO2 in the two most advanced CO2 sites in Southern Europe (Prinos and Ravenna). 4) Demonstration in industrial environment of novel CO2 mineralization solutions and re-use technologies for the production of a breakthrough hydraulic binder enabling the industrial production of a carbon-sink concrete (>1000 h of tests). 5) Experimentally-supported, Techno-Economic Analyses with risk assessment to ensure the safety of the full CCUS chain. 6) Advancement of societal readiness through a participative approach. 7) Identification of business models and financial mechanisms tailored to CCUS. 8) TRL8-9 pre-FEED studies on the most promising HERCCULES implementation options. 9) Ad-hoc case studies to verify the replicability of the HERCCULES paradigm. Know-how, data and models will converge into a dedicated exploitation plan to seed CCUS across Europe.

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