The potential for renewable energy in industrial applications

To date, insufficient attention has been paid to the potential of renewable energy resources in industrial applications. Our analysis suggests that up to 21% of final energy demand and feedstock-use in the manufacturing industry sector could be of renewable origin by 2050, a five-fold increase over current levels in absolute terms. This estimate is considerably higher than other recent global scenario studies. In addition, if a 50% share of renewables in power generation is assumed, the share of direct and indirect renewable energy use rises to 31% in 2050. Our analysis further suggests that bioenergy and biofeedstocks can constitute three-quarters of the direct renewables use in this sector by 2050. The remainder is roughly evenly divided between solar heating and heat pumps. The potential for solar cooling is considered to be limited.While low-temperature solar process heat can reach cost-effectiveness today in locations with good insolation, some bioenergy applications will require a CO2 price even on the longer term. Biomass feedstock for synthetic organic materials will require a CO2 price up to USD 100/t CO2, or even more if embodied carbon is not considered properly in CO2 accounts. Future fossil fuel prices and bioenergy prices in addition to the development of feedstock commodity markets for biomass will be critical. Decision makers are recommended to pay more attention to the potential for renewables in industry. Finally, we propose the development of a detailed technology roadmap to explore this potential further and discuss key issues that need to be elaborated in such a framework.