Background and project purpose?
Technical – economic analysis of potential for CO2 reductions at Slagen refinery and to evaluate technical and practical solutions, land requirements, cost drivers, other key project factors (heat – and water supply) and total project costs
What was the project objective?
Through a technical – economic analysis of the potential for CO2 reductions and increase the knowledge of different technical and operational solutions, costs and an evaluation whether a CO2 reduction project would be economical for business purposes
What has the project done in terms of activities?
Assessed opportunities for CO2 reductions at the refinery and proposed potential technical solutions and how they can be implemented
Assessed alternative solutions for refinery CO2 reductions through use of renewable alternatives (e.g. bio-gas) in furnaces and boilers replacing fossil fuels (gases).
What has the project achieved? Did the project achieve its objective?
Yes, the project has achieved its objectives and the analysis has increased knowledge and understanding of the complexities, cost the economics associated with CO2 reductions at a refinery
The conclusion is that the proposed CO2 reducing measures are not economical without investment and operational cost support at this time
- Assess future technical solutions which may support the economics of CO2 reduction actions
- Assess potential for investment support to contribute to make the Slagen CO2 reduction project economical viable