About this Research Topic
Harmonizing Life Cycle Analysis (LCA) and Techno-Economic Analysis (TEA) guidelines: A Common Framework for consistent conduct and transparent reporting of carbon dioxide removal and CCU Technology Appraisal, Volume II
The interest in addressing the excess amount of CO2 in the atmosphere is increasing rapidly, not only because of the growing public understanding of the climate crisis but also because researchers, entrepreneurs, investors, and policymakers recognize the economic opportunities that can be associated with carbon dioxide capture, removal, utilization, and storage.
Developments and deployments of respective technologies begin to accelerate and the need for early assessment of environmental and economic opportunities and risks has never been more important. The Global CO2 Initiative convened a series of workshops and established the International CCU Assessment Harmonization Group with participants from the University of Sheffield, TU Berlin, RWTH Aachen, IASS Potsdam, the National Energy Technology Laboratory, the National Renewable Energy Laboratory, Argonne National Laboratory, and the National Research Council Canada (https://www.globalco2initiative.org/evaluation/)
The group promotes research, development, and commercialization of carbon capture, utilization, and storage technologies requires assessing the environmental and economic opportunities and risks. Life cycle assessments and techno-economic assessments are means to quantify these opportunities and risks. For consistent conduct and transparent reporting, a common framework is needed. The mission of the International CCU Assessment Harmonization Group is to create this common framework. We are bringing together related efforts, analyze differences and seek to eliminate them where possible.
The results of the group’s working meetings over most of 2020 and into 2021 were presented and discussed in a series of webinars in May 2021. Volume I is by invitation only but others who are interested in publishing on this topic are invited to submit manuscripts to Volume II (see link at the top of this text)
Keywords: Life Cycle Analysis, LCA, TEA, framework, CDR, carbon removal technologies
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