REPuBLIc OF EsT0NIA
MiNIsTRY OF EcoNoMIc AFFAIRs
AND C0MMuNIcATI0Ns
To Whorn It May Concern.
18.092023 No 18-3/2023/4213-1
Letter of Support
We hereby express our support for the following project to be irnplemented by UP Catalyst 00:
Development ofan Electrolysis-Based Synthesis facility for Carbon Capture and Utilization:
A Novel Approach for Synthesizing Sustainable Carbon Nanotubes from C02 (ECO2TUBE)
Estonia is cornmitted to supporting clirnate change actions. The proposed project, ECO2TUBE. is
in line with our national strategic objectives, narnely:
O Estonia’s goal is to reduce greenhouse gas emissions by 80% by the year 2050, with an
interim target of 70% reduction by 2030;
O In sectors covered by the Regulation on Shared Obligations (transport, small-scale
energy, agriculture. waste managernent, forestry, industry), greenhouse gas emissions
rnust he reduced by 13% by 2030 compared to the emissions in 2005;
O By the year 2030, the share ofrenewabie energy in the total final energy consurnption
should be at least 65%,
whiie utiiizing research, development, and innovation in measures to maintain the economy’s
competitiveness.
ECO2TUBE contributes to two focus areas of the Estonian Developrnent Pian for Research and
Development, Innovation and Entrepreneurship 202 1—2035:
O Valorization of Local resources (valorization of local C02) and
O Smart and sustainable energy solutions (contribution to the development of batteries with
sustainable input materiais).
We trust that the product and the production methods under developrnent by UP Catalyst 01] have
a great potential to improve battery technology and reduce the GHG footprint associated with the
production of sustainahle raw materiais. We have therefore aiready supported the pioneering work
ofUP Catalyst in this area by three government grants. namely:
O Production ofcarbon materiais with controiied morphoiogy and high purity in an
innovative prototype reactor, 1 .5 M€ (Enterprise Estonia Prograrnme for Applied
Research, RUP)
O Development Of Laboratory Dernineralization and Fiitration Device and Characterization
ofNanoporous Carbon Materiais, 1.2 M€ (Enterprise Estonia Programme for Applied
Research, RUP)
Suur-Anieerika 1 / 10122 Tallinii / ESTONIA
Phone: +372 625 6342 / Fax: +372 631 3660 / E-niail:
[email protected] / http://www.mkm.ee
O C02-negative concrete as a sustainable and scalable building material, 400 k€ (Norway
Grants + Enterprise Estonia ‘Green ICT”)
We are confident that UP Catalyst can now take their product to industrial scale and fully support
ECO2TUBE. We are therefore pleased to express our support for the application for co-funding of
ECO2TUBE under the Innovation Fund SrnaIl Scale Projects.
We hope that this application for co-funding wiII get your kind approval and rernain with best
regards.
Tiit Riisalo
Minister ofEconornic Affairs and Information Technology
Marta Irina Volrnre
+372 625 6311
[email protected]
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