Joint Crossing of the Valleys of Death

Tomas Wyns, Researcher IES, tomas.wyns@vub.ac.beCommon Future Paris 2015, Paris, 9 July 2015

Accelerating the commercialisation of low-carbon breakthrough technologies

Decarbonising Industry

Breakthrough technologies

2 valleys of death

Technological Commercialisation

R&D Pilot Demo Mature

Reference: Jenkins et al. 2011

NER 400 - EU ETS

• 2009 - now • Early Stage • R&D to pilot • Energy (RE, Storage) • Metals • Bio-based industry • Awards USD 500k to 1 million

• Budget: USD 400 million

• Successor NER 300 (2013-2020)

• EU ETS auctioning revenues

• Demo to commercialisation • Renewable energy, industry, CCS

• Operational as from 2021 • Budget: EUR 9 Bn • Implementation, criteria tbd

Problem: demo to commercialisation

funding gap

Problem: Risk of limited, low quality

project pipeline

Complementarity

ARPA-E NER 400

R&D Pilot Demo Mature

Project pipeline

Commercialisation finance

Challenges/ideas• Governance structure/design for managing NER

400

• US Manufacturing only condition under ARPA-E (IPR) has to be relaxed for application in EU

• Mirror this with EU Manufacturing only condition under NER 400 and relax for ARPA-E related NER 400 projects

• Twin-demo projects (US-EU)

Examples (I)HIsarna, Tata steel

• -20% GHG ref. BAT • Concept proven • durability test 2016

Infinium (aluminium)• no carbon anodes • 50% energy reduction • proven at small scale

Examples (II)Azotic, N-fix

• 50% reduction in fertiliser use

• Same yield (staple crops) • Field tests ongoing

Cepi, 2 team project• multiple breakthroughs • 80% GHG reduction by 2050 • Game changer for industry