ECO-RED

Converting industrial CO₂ emissions into valuable carbon monoxide for low-emission steel and industrial processes.

ECO-RED develops modular electrochemical reactors that use renewable electricity to convert industrial CO₂ into carbon monoxide on site, providing a lower-emission alternative to fossil-based syngas and CO supply.

The Problem

Steel production remains highly carbon-intensive

Around 70%

of global steel is still produced through the BF-BOF route, which emits approximately 2 tonnes of CO₂ per tonne of steel. EU ETS and CBAM are increasing the cost of industrial emissions, with the deck estimating up to €150–200 per tonne of steel in additional costs by 2030.

Conventional steelmaking generates substantial CO₂ emissions and relies on fossil-based inputs. Steelmakers need ways to reduce emissions without requiring a complete replacement of existing industrial infrastructure.

THE SOLUTION

Turning industrial CO₂ waste into valuable carbon monoxide

ECO-RED uses renewable electricity and a modular electrochemical reactor to convert CO₂ from industrial sources into CO. Its plug-and-play system enables on-site CO production and direct B2B supply, reducing dependence on fossil-based syngas.

The Impact

Converting industrial CO₂ emissions into a useful industrial feedstock

90%

potential reduction in CO₂ impact compared with conventional BF-BOF steel production routes, according to the deck. ECO-RED also targets CO production at <€0.60/kg.

Instead of treating CO₂ solely as an emission, ECO-RED converts it into CO that can be used in low-emission steel production and other industrial applications. The technology can be deployed on site, reducing dependence on fossil-based syngas while avoiding the need for major infrastructure replacement.

ECO-RED enables on-site CO₂ conversion for heavy industry

Steel producers
Refineries
Chemical plants
E-fuel and green-chemical producers

Lower-emission CO production with plug-and-play industrial integration

CO production target of <€0.60/kg and potential up to 90% reduction in CO₂ impact versus the conventional steelmaking route. Commercial model includes paid PoCs at 100–500+ kW, followed by industrial systems above 1 MW.

Sandbox Program

Batch #13

HQ Country

Italy

Sector

Carbon Removal/Capture and Storage

Type of Solution

Hardware

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