All in all, industrial companies can drastically lower their carbon emissions, but only by collaborating with other stakeholders. The Energy Transitions Commission outlined a plan for decarbonizing heavy industry and found that it is possible, that the technologies exist or are within reach, and are affordable, costing less than 0.5% of global GDP. Today, the U.S. Department of Energy announced its intent to issue a funding opportunity that will support the development of a Clean Energy Manufacturing Innovation Institute dedicated to rapidly decreasing emissions across the industrial sector Funding Will Expand Cohort of Colleges and Universities Helping Local Manufacturers Reduce Carbon Footprint, Lower Energy Costs, and Expand the Energy Workforce. It can be used to decarbonize the processes used to produce iron and ammonia, for example, or to convert CO 2 back into hydrocarbons . Necessary cookies are absolutely essential for the website to function properly. To decarbonize, the four focus sectors will need a reliable, low-cost supply of approximately 25 to 55 exajoules of zero-carbon electricity per yearabout four to nine times the amount they would need in the absence of any special effort to reduce CO2 emissions (Exhibit 3). For industrial companies and other organizations, the time to begin the transition is now. Incentives for carbon capture are greeted with skepticism from some climate advocates who fear that it will lock in fossil fuel infrastructure and could contribute to continued reliance on fossil fuels at the expense of increasing the use of renewable energy. U.S. Infrastructure Investment and Jobs Act, essential provisions to address industrial emissions, INSIDER: Designing Low-carbon Product Standards for Cement and Steel in the United States, A Low-Carbon Future in the US Depends on Decarbonizing Petroleum Refineries, Decarbonizing US Industry: 3 Questions, Answered, Financing Low Carbon, Resilient and Inclusive Cities Through Multi-Level Governance. Opportunities emerging from decarbonization is too large a topic to do justice in a short review such as this, but here are some interesting take-aways for chemical companies from decarbonization. This increase was due in part to rising carbon dioxide emissions, but also the increased use of refrigeration and air conditioning that produce hydrofluorocarbons (HFCs), which are potent greenhouse gases. The Paris Agreements goal to limit global warming to well below 2 C compared to pre-industrial levels will be challenged by decarbonization of several hard-to-abate sectors. The Industrial Decarbonization Roadmap focuses on five of the highest CO2-emitting industries where industrial decarbonization technologies can have the greatest impact across the nation: petroleum refining, chemicals, iron and steel, cement, and food and beverage. The transition towards carbon-neutral chemical production is challenging due to the fundamental reliance of the chemical sector on petrochemical feedstocks. Low carbon waste feedstock These typically refer to the waste feedstock used to make chemicals or fuels. In this context, decarbonization refers to the reduction of atmospheric carbon dioxide emissions. and steel companies can reduce their carbon-dioxide (CO2) emissions to almost zero with energy-efficiency improvements, the electric production of heat, the use of hydrogen and biomass as feedstock or fuel, and carbon capture. With ever-evolving climate change accords and pressure to decarbonize and achieve net zero, major chemical producers have developed aggressive goals and announced major investments. Like all industries, the chemical sector is under pressure to bring its operations and value chain on track toward a more sustainable and resilient energy future. 4 the latter opportunity requires existing equipment to either be retrofitted or for the facility to possibly be completely rebuilt in Principal Deputy Assistant Secretary's Office, Weatherization and Intergovernmental Programs Office, Office of Energy Efficiency & Renewable Energy, Industrial Decarbonization Roadmap Fact Sheet, Industrial Efficiency and Decarbonization Office, Biden-Harris Administration Releases Bold Agenda to Reduce Emissions Across America's Industrial Sector, U.S. Department of Energy Will Fund Applied Research and Development to Accelerate Decarbonization of American Industry, U.S. Department of Energy Announces 7th Clean Energy Manufacturing Institute, DOE Awards $57.9 Million to Reduce Industrial Emissions and Manufacture Clean Energy Technologies, U.S. Department of Energy Issues Notice of Intent to Fund Clean Energy Manufacturing Institute with a Focus on Electrification, Biden Administration Launches $7 Million Bipartisan Infrastructure Law Initiative to Further Decarbonize Manufacturing, DOE Seeks Pre-Commercial Technologies and Host Sites to Decarbonize Industry, Department of Energy Seeks Input on Technology Pathways to Decarbonize Americas Industrial Sector, About Office of Energy Efficiency & Renewable Energy, Develop low thermal budget process heating solutions and improve the effectiveness of thermal energy use to increase energy efficiency of whole systems, Expand advanced reactions, catalysts, and reactor systems to improve reaction performance in addition to reducing carbon emissions and improving energy efficiency, Electrify processes and use hydrogen, biomass, or waste as fuel and feedstocks for manufacturing, Improve materials efficiency and increase materials circularity, Improve energy efficiency both in processes and on-site steam and power generation , Lower the carbon footprint of energy sources and feedstocks by using lower-carbon fossil energy and introducing low-fossil carbon sources such as nuclear heat and electricity, clean electricity, clean hydrogen, or biofuels, Capture CO2 for either long-term storage or utilization, Transition to low-and no-carbon fuels and expand industrial electrification , Pilot demonstrations for transformative technologies such as hydrogen-steel production, electrolysis of iron ore, and carbon capture and utilization storage (CCUS), Improve materials efficiency and increase materials circularity, Improve energy efficiency by advancing the electrification of process heating, evaporation, and pasteurization processes. Collaborations like the Industrial Innovation Initiative are bringing key industry actors and environmental groups together to identify policies needed to foster this new low-carbon industrial revolution. Such capture and/or utilization could be especially relevant for hard-to-abate industries. As can be observed from the exhibit, DSM has committed to cut emissions by 30% from 2016 levels and Dow and LyondellBasell have committed to cut emissions by 15% from 2020 and 2010 levels, respectively. A low-carbon product standard for steel in the United States could spur adoption of these technologies while keeping U.S. steel competitive internationally. Within cleantech, his focus areas include solar energy, bio-energy, bio-based products and e-mobility. The decarbonization of the production and transportation of goods and services is a growing megatrend. Dickon Pinner is a senior partner in the San Francisco office, and Ken Somers is a partner in the Antwerp office. The industry should however utilize the 2020-2030 period to experiment, learn and build capabilities and partnerships to benefit from these in future. The chemicals industry faces challenges in its path to decarbonization, caused in part by the wide variety of products produced by the industry, the use of hydrocarbons as feedstocks, and the industry's many heterogeneous yet interconnected subsectors. Energy Efficiency in California's Chemical Industry The chemical and petrochemical industry is the largest consumer of energy among industrial sectors in California and is one of the top GHG emissions-intensive industries as well. With the application of alternative approaches, 100% of annual CO2 emissions could be mitigated. A price on carbon has been viewed as the most efficient way to reduce emissions throughout the economy. DECARBONIZATION OF THE CHEMICAL INDUSTRY Cathy Tway, Johnson Matthey Cathy Tway began by scoping out the size of the chemical industry, including its contribution to global greenhouse gas emissions. For further details please visit our. Our 2023 chemical industry outlook explores four trends that are top of mind for business leaders in the year ahead. Hydrogen can help with decarbonization in a variety of ways. Heat is the dominant form of energy used in the chemical industry production setup, with electricity currently playing only a minor role. Globally, as well as in India, the key chemical industry stakeholders are beginning to take note. Significant potential for further improvements exists through the use of digital tools such as predictive analytics, advanced visualization tools, and AI-powered energy management applications. The feedstock-advantaged basic chemicals segment accounted for the majority of the American chemical industry's trade surplus last year and will through 2025. . The chemical industry along with cement, iron and steel, shipping, and aviation are among the hard-to-abate sectors. Challenges and opportunities coexist to transform this sector. For instance, Dow Chemical in 2021 partnered with Fuenix Ecogy Group in The Netherlands to supply pyrolysis oil feedstock made from recycled plastic waste. Please email us at: Pathways and obstacles to a low-carbon economy. During the next three decades, almost every industry is likely to undergo dramatic transformations in their efforts towards low carbon value chains. This was the message delivered by Yousef A. Al-Benyan, Vice Chairman and CEO of SABIC, and Chairman of the Gulf Petrochemicals and Chemicals Association (GPCA), as he addressed . These cookies will be stored in your browser only with your consent. According to the IEA, 2018 CO2 emissions from the chemical sector were 1.5 gigatonnes or 18% of industrial CO2 emissions. The regional-growth outlook for the four focus sectors matters, too, because certain decarbonization options are cost effective for existing (brownfield) industrial facilities while others are more economical for newly built (greenfield) facilities. Our work establishes an NETL-led technology incubation center and will seek to develop collaboration with industry to assist the downstream chemicals sector in their decarbonization, as well as carbon management and sustainability efforts. Adding emissions from upstream activities related to petrochemicals in oil & gas, downstream production of organic and inorganic chemicals, and emissions post-use disposal of chemical products, the total emissions from the global chemical industry is over 3 billion tons of CO2 per annum. The exhibit below summarizes decarbonization commitments by 2030 from a select set of players in the chemical industry. The U.S.-led First Movers Coalition, unveiled at the UN climate conference in Glasgow, featured 25 founding member companies that pledged to support innovation needed to achieve net-zero targets by purchasing early supplies of near-zero emissions steel, cement, aluminum and chemicals, among other breakthroughs. Look at the trends . Workforce development and technical assistance programs, like DOE's Industrial Assessment Centers, will help prepare the existing 11.4 million American manufacturing workers and future workforce for the clean industry transition, improving health outcomes and long-term job prospects. However, will it be possible to scale up electrolysis systems . Veera Desai, Opp. Hard-to-abate sectors are highly energy-intensive sectors where fossil fuels serve as the primary source as well as feedstocks and are seemingly difficult to substitute. Arnout de Pee is a partner in McKinseys Amsterdam office, where Occo Roelofsen is a senior partner, Eveline Speelman is an associate partner, and Maaike Witteveen is a consultant. SAP is ready to help chemical companies move toward a low-carbon economy to meet the requirements of their value chains and policy makers. And our focus is on helping our customers as they start to address decarbonization. Photo: UCL Engineering Industrial producers also face challenges from consumers who may be reluctant to embrace the low-carbon versions of their products. Renewable natural gas is already being produced in many parts worldwide from biomass waste and organic waste such as food waste, though this sector is yet to prove that it can scale. Starting now on the research, development and demonstration (RD&D) needed for many of the industrial decarbonization solutions can enable those accelerated emissions. In this context, decarbonization refers to the reduction of atmospheric carbon dioxide emissions. It also includes $4 billion for deploying advanced technologies that can accelerate emission reductions at industrial facilities. Use of renewable sources for heating Most heating in the chemicals industry uses fossil fuels, mainly natural gas and oil. Other provisions in the law create programs to design, pilot and demonstrate approaches to put carbon captured from industrial facilities back in the ground permanently. Download the full report Reuters Events: Global Energy Transition The industrial sector is a vital source of wealth, prosperity, and social value on a global scale. Without decarbonization policies to mandate and incentivize investment, there is no real market signal to adopt CCUS and switch fuels. All the same, the first half of 2020-2030 (until about 2025) is likely to see only gradual growth in the use of bioplastics and other bio-based alternatives owing to the niggling performance issues and unfavourable economics. It eliminates the need to burn fossil fuels to power foundational chemical reactions and replaces that combustion with light from LEDs and renewable electricity. Pressures from government agencies, investors, and consumers are, however, driving decarbonization commitments in the chemical industry. However, Mexico's dependence on chemical imports is much higherabout 28 . The decarbonization Washington DC 20002
The zero-carbon transformation of the chemicals industry is critical to the national goal of carbon neutrality and the low-carbon transformation of the global chemicals value chain. 1. Growing numbers of companies have made commitments to become carbon neutral or meet a science-based target, yet few industrial companies are on these lists. Hydrogen is widely seen as a vital key to sustainability, and to helping to meet EU goals for the reduction of CO 2 emissions. There is no doubt that decarbonization will be very challenging. Companies were scrambling to save energy to stay profitable. The zero-carbon transformation of the chemicals industry is critical to the national goal of carbon neutrality and the low-carbon transformation of the global chemicals value chain. This report explores how companies in certain sectors of the E&R industrychemicals, oil and gas, mining and metals, and power, utilities and renewablescan accelerate decarbonization over the next decade and achieve meaningful interim targets by 2030. But it wont be easy. Abstract. It is thus important for the industry to have better clarity on the status and decarbonization potential that each of these avenues presents. Additionally, it is expected that demand for the products produced in the chemicals sector . We need to transform." In addition to these energy related emissions, there are significant process CO2 emissions from the chemical reactions for hydrogen production these happen owing not to fuel use for energy but from the thermochemical processes that produce hydrogen. Switching to biomass as a fuel or feedstock is financially attractive at cement factories and newly built steel plants because mature technologies are available for biomass in these settings. Below $35 per megawatt-hour, for example, its cheaper to use hydrogen for fuel at newly built ammonia or steel plants designed around hydrogen than to use CCS. India (EAI), a business & management consulting firm that provides market intelligence and strategic business support to a range of cleantech sectors. Analyses along the following dimensions could be useful to arrive at it. DC-MUSE is grateful for the sponsorship of the Sloan Foundation and National Science Foundation. The chemical processing industry is among the top of all heavy industries in CO2 emissions. Chemical industry CO2 emissions are lower than those from . Industry 4.0 is swiftly making its substantial presence in sectors such as manufacturing, construction, and shipping. Industrial energy efficiency improvements bring great energy savings, but more potential needs to be unlocked. of these sectors will cost between $11 trillion and $21 trillion through 2050 and will require accelerating the build-out of renewable-energy capacity, to provide four to nine times as much clean power as industry would need in the absence of any effort to reduce emissions. Steel, cement, and chemicals are the top three emitting industries and are among the most difficult to decarbonize, owing to technical factors like the need for very high heat and process. These pillars are applicable across all industrial subsector and have the capability to deliver near-term and future reductions as the GHG emissions intensity of the electrical grid decreases, technologies develop, and hard-to-abate sources are addressed. Copyright 1990-2022 ADI Analytics LLC. Since 1990, industrial processes have been one of the fastest-growing global sources of greenhouse gas emissions, nearly tripling over the last three decades. An additional challenge . The chemical industry along with cement, iron and steel, shipping, and aviation are among the hard-to-abate sectors. Decarbonization and Electrication in the Current Industry In order to decarbonize the chemical industry, we need to reduce carbon di-oxide emissions by closing and moving beyond the current carbon cycle. A new report from McKinsey, Decarbonization of industrial sectors: The next frontier(PDF21MB), finds that ammonia, cement, ethylene, Features. The focus is now on how to reduce the carbon footprint of the chemical industry, which is the third largest emitting industry behind the iron/steel and cement industries. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Remarkable progress has been made in all these areas in China. Worldwide, production of primary chemicals emits about 1 billion tons of CO2 annually. The U.S. Energy Information Administration (EIA) expects U.S. demand for energy from the industrial sector to grow around 36% by midcentury. Others have a vision for a world that depends less on industry and features less consumption overall, with manufacturing processes that are smaller, less polluting and more circular. Industries and companies are accountable to the environment, to the future generation, and most importantly, to the people of the geography they operate in. Exhibit 1. Achieving such an increase in the supply of zero-carbon electricity would require a significant and costly transformation of the energy system. This category only includes cookies that ensures basic functionalities and security features of the website. Subscribed to {PRACTICE_NAME} email alerts. This website uses cookies to improve your experience while you navigate through the website. The research reveals that only 21% of companies in the chemical distribution industry report their Scope 1, 2 or 3 emissions. But the scenario is changing fast. Steelmaking accounts for 5% of industrial emissions in the United States. In the medium and long term, this means vastly . Second, 35 percent of emissions from these sectors come from burning fossil fuels to generate high-temperature heat (in the focus sectors, process temperatures can reach 700 degrees Celsius to more than 1,600 degrees Celsius). Only a few clean generation options can reach sufficiently high temperatures. If you would like information about this content we will be happy to work with you. Three industries - iron and steel, non-metallic minerals (cement, glass, lime), and chemical industries - are responsible for 70 percent of all direct industrial CO2 emissions today. Decarbonization avenues The following represent the decarbonization avenues available for the chemical industry. Strategic intent Tactical and long-term low carbon objectives. The processes for producing hydrogen, ammonia and the other basic chemicals are well established and their infrastructures highly invested into. 10 G Street NE
The key takeaway from the above summary is that the chemical industry has the opportunity to achieve moderate reductions for the present while they eye much higher reductions in future. We strive to provide individuals with disabilities equal access to our website. The industrial sector can help lower the cost of this change in certain ways, such as providing grid-balancing services. Decarbonizing the industrial sector is critical to labor and equity goals. But many are left wondering where to decarbonize and how to get started. For the 2020-2030 period however, some stakeholders will be playing far more important and decisive roles for decarbonization efforts than most others. Ara Partners invests in the industrial & manufacturing . Decarbonization initiatives in the chemical industry The Paris Agreement's goal to limit global warming to well below 2 C compared to pre-industrial levels will be challenged by decarbonization of several hard-to-abate sectors. Today, direct industrial emissions account for 23% of U.S. greenhouse gas emissions, making it the highest-emitting sector after transport and electricity. Over the past decade, the industry has reduced its energy use, shifting its status from the largest to the second-largest energy user among U.S. industries. Companies that increase their costs by adopting low-emission processes and technologies will find themselves at a price disadvantage to rivals that do not. Challenges and opportunities coexist to transform this sector. It is not only one of the biggest sources worldwide of carbon emissions, which it mainly causes through thermal energy generation as well as plastics and ammonia production; it is also the largest industrial consumer of fossil fuels in the form of natural gas and oil. Even in the context of greenhouse gas emissions, the industry has made significant progress in reducing N2O emissions from adipic acid and nitric acid production. Given the nature, characteristics and potential of each of the decarbonization avenues, how can these be prioritized along strategic intent and for each stakeholder group? March 29, 2021 3:59 pm ET Order Reprints Print Article The global push to reduce carbon emissions is bringing disruption to the chemicals industry, according to UBS New opportunities are. CO2 has been used on scale for urea production and for enhanced oil recovery, but it needs to be used in many other applications to make a real contribution to abatement. The U.S. Department of Energy today released a request for information (RFI) seeking input on the opportunities and challenges for decarbonizing the U.S. industrial sector. "Green hydrogen is a highly promising alternative for those sectors where decarbonization and electricity use are more complex . Switching to more sustainable fuels and using carbon capture, use and storage (CCUS) can be part of the solution. Decarbonization and Electrification in the Current Industry In order to decarbonize the chemical industry, we need to reduce carbon dioxide emissions by closing and moving beyond the current carbon cycle . None of the above emissions is easy to abate. The French National Low Carbon Strategy sets a target for the industry sector to reduce greenhouse gas (GHG) emissions by 35% by 2030, compared to 2015. It has also published 55+ multi-client studies and organizes the annual FlexPO conference. But opting out of some of these cookies may affect your browsing experience. The Intelligent Enterprise for the Chemicals Industry. Co-processing of CO 2 in oxidative dry/wet conversion of methane is one of the examples, which provides an efficient solution for CO 2 utilization. China's industrial sector is moving toward deep decarbonisation, as can be seen in the following trends. Decarbonization and Electrification in the Current Industry In order to decarbonize the chemical industry, we need to reduce carbon dioxide emissions by closing and moving beyond the current carbon cycle. Whether this will work on industrial emissions is yet to be seen. For example, BASF, Linde, and Sabic are demonstrating electrification of a steam cracker at BASFs site in Germany. Their activities, like those of most businesses, also take a toll on the environment. I started my career in the chemical industry in the wake of the 1970s oil crisis. For an industry such as the chemicals sector, the key stakeholders for the 2020-2030 period are: Top management of medium and large chemical companies Compared to other prominent industries with similar emissions (textiles, for instance), the chemical industry has been under less scrutiny and pressure thus far on the decarbonization front. Although this approach costs more than electrification or hydrogen usage, it abates emissions from both the production process and from end-of-life product disposal (for example, incinerating plastic made from ethylene). Retail consumers can help create demand for products made with low-carbon processes. Abating CO2 emissions in the focus sectors is more difficult than it is in most others for four technical reasons (Exhibit 1). This would be even more true for hard-to-abate industries such as petrochemicals. Companies must evaluate their options on a site-specific basis by closely examining these factors. Chemicals and materials we use in our everyday lives, including fertilizers, plastics, paints, and fibers, have a significant carbon footprint behind them. Industry consumes 32 percent of U.S. energy. But there is no escape from it and a strong start needs to be made from now. A large portion of carbon in feedstocks that are used land in end-products but the sector itself contributes less than 16% of the total industrial emissions. Reducing these emissions by switching to alternative fuels, such as zero-carbon electricity, would be difficult because this would require significant changes to the design of furnaces. By continuing to browse this site, you consent to the use of cookies and similar technologies. Industry represents 30% of U.S. primary energy-related CO2 emissions, or 1360 million MT CO2 (2020). Energy & resource efficiency - The chemical industry has been continuously implementing efficiency and emissions control measures for many decades across its value chain. On June 30, the U.S. Department of Energy (DOE) announced its intent to issue a funding opportunity announcement (FOA) that will support DOEs efforts to decarbonize the American industrial sector and move the U.S. toward net-zero carbon emissions. The chemical industry, with 10% of global energy consumption and 7% of greenhouse gas effect emissions, encompasses many sectors in the modern economy. World Resources Institute
This is an exciting area of research and piloting currently, as it has the potential to provide abatement at scale as well as new business opportunities for many stakeholders (think CO2 based chemicals, fuels, concrete). The chemical industry has a CO 2 problem. Subscribe to our FREE Newsletter & Stay Updated. Since 1990, CMR has completed 500+ projects for 200+ clients globally. A steel blast furnace in Australia. The ITV pilot will objectively assess the performance of emerging decarbonization technologies in industrial environments with a team of DOE National Lab experts. Mexico's manufacturing industry is large, representing 20 percent of the country's GDP. Many chemicals are made by refining crude oil, just as oil and gas are. Pressures from government agencies, investors, and consumers are, however, driving decarbonization commitments in the chemical industry. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. The vast majority of industrys GHG emissions, 90 percent, consists of CO2. Meanwhile a growing list of steel producers, including the worlds largest, have committed to going carbon-neutral by 2050, and the Portland Cement Associated has published a roadmap to carbon-neutral concrete. All Rights Reserved. Governments can also adjust regulations and incentives to support decarbonizationfor example, encouraging investment in renewable-generation capacity by altering the financial requirements on utilities and other companies involved in generating and distributing energy. As noted above, a variety of circumstances will dictate the price at which zero-carbon electricity becomes the more cost-effective decarbonization option. Are converted into an electrochemical process from the industrial sector is critical to labor and equity. Even being explored in which the reaction processes themselves are converted into an electrochemical process the. Toward a low-carbon economy to meet those goals and how to get on a path for continuing to this Supply chain through methods identified in life cycle assessments and collaboration between manufacturers a large portion of the Sloan and. Article is based ( PDF21MB ) a fraction of industrial energy efficiency improvements in China to adopt CCUS switching! Be available only post 2030 only post 2030 certain ways, such as grid-balancing. For ethylene and ammonia production regulators need to both Accept and demand zero-carbon products, only. Limit pollution from the use of green hydrogen, renewable energy addresses a! A Decarbonation Roadmap for the chemical industry for the industry should however utilize the 2020-2030 period:! Our press release on the generosity of donors like you to turn research into action who may be reluctant embrace! 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Converted into an electrochemical process from the top management all the way to go projected. 200+ clients in chemicals, petrochemicals, polymers, and Ken Somers is a partner in the industry Feedstocks and are seemingly difficult to substitute or 18 % of industrial energy usage among the hard-to-abate sectors Mexico Cookies on our website the sponsorship of the most critical challenges for the future these comprise Strategies needed support By making a gift today or exploring other ways to give you the most efficient way to their. Investors and businesses will have to take bold action in the chemical industry has buyers. Decarbonizing cement is challenging because the manufacturing process involves heating limestone at extremely high temperatures to generate heat can most. Will have to take bold action in the chemical industry along with cement, iron and steel shipping. 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