Eni and Synhelion, a spin-off of Zurich Polytechnic University (ETHZ), announced that they will achieve to produce methanol from carbon dioxide (CO2), water and methane, in a process that requires high temperatures by harnessing solar energy, according to Eni's statement on Thursday.
According to the statement, the production of methanol using renewable energy will help Eni to work towards the twin targets of greenhouse gases reduction and carbon dioxide usage as raw material.
"The process transforms CO2 from industrial waste material to a key element in the fuel production cycle. Preliminary data show that the project about to be developed will cut over 50% of emissions released in conventional methanol production," according to the statement.
The partnership is part of Eni’s strategy to decarbonize its productive cycle by lowering the emission of greenhouse gases. The company signed a climate agreement in 2015 during the COP21 meeting in Paris.
By Gulsen Cagatay