A1 Journal article (refereed), original research

Can carbon capture be a new revenue opportunity for the pulp and paper sector?


Publication Details

Authors: Kuparinen Katja, Lipiäinen Satu, Vakkilainen Esa

Publisher: Tappi and Pima

Publication year: 2021

Language: English

Related journal or series: Tappi journal

Volume number: 20

Issue number: 8

Start page: 527

End page: 540

Number of pages: 14

ISSN: 0734-1415

JUFO level of this publication: 1

Permanent website address: https://imisrise.tappi.org/TAPPI/Products/21/AUG/21AUG527.aspx

Open Access: Not an Open Access publication


Abstract

Transition towards carbon neutrality will require application of negative carbon emission technologies (NETs). This creates a new opportunity for the industry in the near future. The pulp and paper industry already utilizes vast amounts of biomass and produces large amounts of biogenic carbon dioxide. The industry is well poised for the use of bioenergy with carbon capture and storage (BECCS), which is considered as one of the key NETs. If the captured carbon dioxide can be used to manufacture green fuels to replace fossil ones, then this will generate a huge additional market where pulp and paper mills are on the front line. The objective of this study is to evaluate future trends and policies affecting the pulp and paper industry and to describe how a carbon neutral or carbon negative pulp and paper production process can be viable. Such policies include, as examples, price of carbon dioxide allowances or support for green fuel production and BECCS implementation. It is known that profitability differs depending on mill type, performance, energy efficiency, or carbon dioxide intensity. The results give fresh understanding on the potential for investing in negative emission technologies. Carbon capture or green fuel production can be economical with an emission trade system, depending on electricity price, green fuel price, negative emission credit, and a mill’s emission profile. However, feasibility does not seem to evidently correlate with the performance, technical age, or the measured efficiency of the mill.


Last updated on 2021-06-09 at 07:52