The Future of the Petrochemical Industry
نویسنده
چکیده
This report discusses the MARKAL-MATTER results regarding the impact of greenhouse gas policies on the petrochemical industry in Western Europe from an integrated chain perspective. The MARKAL-MATTER model gives insight in how different technologies might develop in the next decades at different emission permit prices. This report first describes the present situation in the petrochemical industry. Next, techno-economic emissions reduction options are discussed. The results of this modelling study show that up to 75% emission reduction can be achieved in the life cycle of petrochemicals through various emission reduction strategies. However, significantly costs are involved with these strategies and the R&D effort should focus on new and nontraditional research areas.
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