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MefCO2 is seeking to demonstrate the economic feasibility of valorising captured CO2 by turning it into a versatile platform chemical and renewable fuel such as methanol using hydrogen produced from renewable energy surplus. Essentially methanol becomes an energy carrier for renewable energy from non-biological sources, such as wind and solar. Thus, MefCO2 facilitates the transition to greener economies and in a way that does not jeopardise the competitiveness of key European industries.