IFESTOS – one of the largest carbon capture projects in Europe to enable the production of zero carbon cement & concrete and create decarbonization synergies with regional industries

The IFESTOS project aims to establish a major carbon capture and storage value chain in Greece, capturing 98.5% of CO2 emissions from cement production to supply zero-carbon cement and support EU climate goals.

Subsidie
€ 234.000.000
2024

Projectdetails

Introduction

The IFESTOS project aims to set up one of Europe's largest carbon capture and storage (CCS) value chains. TITAN Cement Group will retrofit its existing cement kilns at the Kamari plant near Athens, Greece, with an innovative carbon capture configuration. First- and second-generation oxyfuel technology will be combined with cryogenic capture.

Project Goals

This will result in capturing 98.5% of the plant’s carbon dioxide (CO2) emissions that would otherwise be released during its cement production process. Thus, it will supply the market with approximately 3 million tons per year of zero-carbon cement to serve the growing needs for green construction materials in the metropolitan area of Athens and beyond. Captured CO2 will be liquefied and transported to a permanent storage site in the Mediterranean.

Technology Overview

The project will apply a hybrid carbon capture configuration by combining first- and second-generation oxyfuel and post-combustion cryogenic capture technologies.

Capture Efficiency

  • Exhaust gases from the cement kilns will be enriched to more than 70% CO2, allowing for high capture efficiency.
  • The project will be the first double-inlet post-combustion system, which will capture emissions from two kilns with different CO2 content.

Environmental Impact

This approach will enable the avoidance of more than 1.9 million tonnes of CO2 annually, which represents around 12% of the annual emissions of all Greek industrial installations (based on data from the 2022 Climate Action Progress Report). This will make IFESTOS one of the largest carbon capture facilities in Europe.

Industry Influence

This project will kickstart the CCS value chain in Southern Europe and encourage the rest of the industry to apply similar models. IFESTOS will be powered by 100% clean energy and will significantly increase the use of alternative fuels at the Kamari cement plant, while capturing all related biogenic CO2 emissions.

Contribution to EU Goals

By tackling greenhouse gas (GHG) emissions in a hard-to-abate sector, IFESTOS is contributing to the aim of EU carbon neutrality by 2050, in line with the European Green Deal.

Economic and Strategic Benefits

The project’s scale, and the value chain that comes with it, will enhance the EU’s sustainable growth in line with the Circular Economy Action Plan, while supporting Europe’s competitiveness and strategic autonomy. In addition, in view of its demand for renewable energy, IFESTOS will create a viable business platform for large renewable energy projects, in line with RePowerEU guidelines.

Local Impact

IFESTOS will be the steppingstone for a regional CCS cluster, acting as a key enabler for local CO2 shipping and storage infrastructure.

Job Creation

In addition, the project will boost the local economy with an estimated job creation of approximately 115 direct and 800 indirect full-time equivalent jobs.

Financiële details & Tijdlijn

Financiële details

Subsidiebedrag€ 234.000.000
Totale projectbegroting€ 234.000.000

Tijdlijn

Startdatum1-1-2024
Einddatum31-12-2034
Subsidiejaar2024

Partners & Locaties

Projectpartners

  • ANONYMI ETAIREIA TSIMENTON TITANpenvoerder

Land(en)

Greece

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