Circular Economy

A new framework evaluates industrial symbiosis, showing cost savings, revenue growth, risk reduction, and intangible benefits, advocating strategic partnerships and regulatory navigation for long-term sustainable advantage.

The paper discusses the challenges cities face in transitioning to a circular economy, emphasizing the decline in global circularity and the need for public procurement to drive the change. It highlights the complexity of accessing and applying circular strategies and proposes innovation procurement with specialized AI as a solution.

Working in smart city projects requires to bring together different players in this very diverse eco-system, from IT to product suppliers, service providers, finance, social innovators and of course the cities with their various departments. A good way to start is looking at top notch smart city projects as well as knowledge, matchmaking and IT platforms.

The article outlines approaches and a framework for pricing in industrial symbiosis, stressing fair and sustainable mechanisms, considering costs, earnings, risks, and value beyond economics for successful circular economies.

The CORALIS project examines data exchange in industrial symbiosis networks, identifying lack of standardization and proposing a structured communication framework to improve trust, efficiency, and innovation for sustainable industrial practices.

A discussion of the challenge of managing information for industrial symbiosis, focusing on digital tools developed for matchmaking and economic assessment. It underlines the importance of integrating technology with human relationships and adapting to regulatory changes that promote data standardization and transparency.

Industrial symbiosis (IS) optimizes resource use and minimizes waste by exchanging resources among industries. European initiatives invest in IS methodologies to enhance market adoption but face challenges like complexity and data availability. The identification process involves mapping, screening, and matchmaking, requiring collaboration and long-term viability assessments.

The EU project CORALIS explores biomass gasification's techno-economic feasibility for decarbonizing energy-intensive industries, highlighting its potential with syngas and biochar production as fossil fuel alternatives. Larger-scale operations demonstrate better economic returns, with significant positive impacts on industrial decarbonization efforts.

Professor Hussam Jouhara discusses the development of the Heat Pipe Condensing Economiser (HPCE), designed to reduce industrial energy consumption and emissions by recovering waste heat and water. Supported by the EU's Horizon 2020, HPCE overcomes challenges such as exhaust stream variability and corrosive condensates, aiming to enhance efficiency and environmental sustainability in industries, especially in the chemical sector, by promoting energy and material recovery.