Linking Circular Economy and Industry 4.0 The FUTURING Project

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1 Linking Circular Economy and Industry 4.0 The FUTURING Project Dr. Konstantinos GEORGOULIAS Laboratory for Manufacturing Systems & Automation (LMS) University of Patras, Greece

2 Towards Circular Economy UN: 17 goals to transform our world Goal 12: Ensure sustainable consumption and production patterns doing more and better with less EC: Sustainability and Circular Economy the Commission has established an ambitious agenda to transform EU economy into a circular one, where the value of products and materials is maintained for as long as possible, bringing major economic benefits. The Commission is undertaking a range of actions to support the move to a more circular economy This can contribute to innovation, growth and job creation. US Chamber of Commerce Foundation: CE and Sustainability Program The circular economy an economic model focused on eliminating waste and inefficiency and promoting greater resource productivity - promises big opportunities for companies to drive growth, innovation and competitiveness. Sources: - Sustainability and circular economy, - Responsible Consumption & Production, - US Chamber of Commerce Foundation,

3 The FUTURING Project 3

4 FUTURING Objectives Vision for a Smart, Clean, Human-Centred EU Industry. Definition of relevant building blocks. Policy support and recommendations. 4

5 Realization Structure

6 Research questions of transition-oriented analysis to Circular Economy FUTURING s Building Blocks Science & Technology Research questions What digital technologies support the transition to a circular economy? Business & Innovation What digital business models support the transition to a circular economy? Policy & Finance How can policy and finance ensure the transition to a digital circular economy? Human & Society How can individuals and society as a system support the transition to a digital circular economy? Environmental Responsibility How can the environment be sustained by the transition to a digital circular economy? Education & Training How can education and training support the transition to a digital circular economy? 6

7 Linking Circular Economy and Industry 4.0 Science & Technology Pillar Actions (indicatively addressed) Cloud Computing Apps Big Data Real-time data 5G, NFC,IPv6 Share, Loop Industry 4.0 Cyber Physical Systems Smart products Sensors & Actuators Machine2Machine Regenerate, Exchange Smart Factory Digital twins Human2Machine interaction Plug & Produce Optimize, Virtualize 7

8 Linking Circular Economy and Industry 4.0 Business & Innovation Industry 4.0 & Digital Business models Logistics as a service App store (Apple) Mobility as a service Value as Service Assembly as a service Platform as Service Manufacturing Platform Maintenance as a service Dynamic Networks Pillar Actions (indicatively addressed) Optimize, Share Virtualize, Exchange Cloud computing Infrastructure as Service Mobile Communication Grids Optimize, Loop 8

9 Linking Circular Economy and Industry 4.0 Policy & Finance Data protection and copyright legislations Digital legislations Incentives & Regulations National and international standardization Insurance related legislations 9

10 Linking Circular Economy and Industry 4.0 Human & Society Stressful work to be carried out by intelligent machines Pillar Actions (indicatively addressed) Exchange Maintaining physical and psychological health of employees Decision-making mechanisms to support employees Virtualize Digitization supports flexibility and networking Optimize 10

11 Linking Circular Economy and Industry 4.0 Environmental Responsibility Enabling technologies 11

12 Linking Circular Economy and Industry 4.0 Education & Training Use of advanced ICT in the Teaching Factory paradigm 12

13 Circular Economy in FUTURING Ecological

14 Circular Economy in FUTURING Ecological + Societal Sources: - Ellen MacArthur Foundation, SUN, and McKinsey Center for Business and Environment; Drawing from Baumgart & McDonough, Cradle to Cradle (C2) - LMS, FESTO - FUTURING Consortium

15 Circular Economy in FUTURING Ecological + Societal + Economical Sources: - Ellen MacArthur Foundation, SUN, and McKinsey Center for Business and Environment; Drawing from Baumgart & McDonough, Cradle to Cradle (C2) - LMS, FESTO - FUTURING Consortium 15

16 FUTURING Consortium Project Coordinator University of Birmingham 16

17 Thank you for your attention! Dr. Konstantinos GEORGOULIAS Laboratory for Manufacturing Systems and Automation (LMS) University of Patras, Greece FUTURING Website: 17

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