Tag: carbon capture

CCS Ladder for Europe: Briefing

CCS Ladder for Europe: Briefing

July 13, 2023 | ,

The carbon capture debate lacks nuance, with CCS often perceived as a single technology with clear supporters and opponents. In reality, some CCS applications can contribute to a shift towards a climate-neutral economy while other applications have a higher risk of delaying real progress. In this context, there is a need to identify where CCS may deliver the greatest climate value via a merit order of CCS applications to help determine where to target policy support.

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Asian Steel Giants Spread Bets on Hydrogen, Carbon Capture

Asian Steel Giants Spread Bets on Hydrogen, Carbon Capture

July 3, 2023 |

The largest steelmakers in Japan and Korea are aligned on reaching net zero by 2050, but they are plotting very different courses to get there. Japan’s Nippon Steel and JFE Steel, along with South Korea’s POSCO, are East Asian steelmaking leaders with similar production sizes and structures. They have comparable starting points and face the same resource constraints. But while Nippon and JFE still see a role for blast furnaces in 2050, POSCO is all in on hydrogen (H2).

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Hydrogen Production with CCUS in China: IEA Report

Hydrogen Production with CCUS in China: IEA Report

November 23, 2022 | ,

Hydrogen and carbon capture, utilisation, and storage (CCUS) are set to play important and complementary roles in meeting People’s Republic of China’s pledge to peak carbon dioxide emissions before 2030 and achieve carbon neutrality before 2060. Hydrogen could contribute to China’s energy system decarbonisation strategy, such as through the use as a fuel and feedstock in industrial processes; in fuel cell electric transport, and for the production of synthetic hydrocarbon fuels for shipping and aviation.

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Legal and Regulatory Frameworks for CCUS: IEA Report

Legal and Regulatory Frameworks for CCUS: IEA Report

August 16, 2022 | ,

This IEA CCUS Handbook is a resource for policy makers and regulators on establishing and updating legal and regulatory frameworks for CCUS. It identifies 25 priority issues that frameworks should address for CCUS deployment, presenting global case studies and examining how different jurisdictions have approached these issues. The handbook is supported by a web-based legal and regulatory database, and model legislative text that is found at the end of this report.

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Carbon Capture’s Methane Problem in New Mexico: Report

Carbon Capture’s Methane Problem in New Mexico: Report

August 10, 2022 | ,

The U.S. Department of Energy (DOE) has issued a notice of intent to fund six carbon capture demonstration projects. Two are to be located at new or existing coal-fired generators, two at new or existing gas-fired facilities, and two at new or existing industrial facilities not proposed for electric generation. IEEFA has chosen to focus on Enchant’s proposed project for three reasons.

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CO2 Sequestration in Germany: Paper

CO2 Sequestration in Germany: Paper

July 27, 2022 | ,

This paper shows why for Germany an all-renewables, predominantly electric approach to achieving net zero by 2045 will not work, nor will it maintain reliable energy supply. The inclusion of CCS from power plants and blue hydrogen from ATRs (Autothermal reforming) is essential for achieving Germany’s decarbonization goals. It will open a challenging but feasible way to reach net zero by 2045 and keep the high reliability of energy supply.

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India’s clean energy policy roadmap: Paper

India’s clean energy policy roadmap: Paper

July 20, 2022 | ,

Aligned with India’s target of achieving a net-zero carbon economy by 2070, the whitepaper charts illustrative paths towards phasing down carbon and suggests a strategic combination of renewables, gas, and storage for a most effective energy transition. The GE-EY whitepaper shares comprehensive insights on realizing India’s green energy potential and provides recommendations on possible policy initiatives essential for a future driven by sustainable industries.  

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Carbon Capture in the Southeast Asian Market

Carbon Capture in the Southeast Asian Market

May 4, 2022 |

In recent years, Carbon Capture Utilization and Storage (CCUS) discussions have gained traction in Southeast Asia (SEA). With the technology-intensive nature of CCUS, several countries could provide reference points for the CCUS potential in Asia: China, Japan, and South Korea. All three countries have a long history of technology leadership and energy investments in the region. Their experiences with CCUS can provide a glimpse into the future path of CCUS in SEA.

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Role of CCUS in Low Carbon Development in ASEAN

Role of CCUS in Low Carbon Development in ASEAN

February 4, 2022 | ,

The ASEAN Member States (AMS) regard carbon capture utilisation and storage (CCUS) as a vital technology for decarbonising energy systems and achieving net-zero targets. There are several barriers to developing CCUS in the ASEAN region, including the lack of supporting policies or regulatory frameworks, the need for high capital investment and concerns about technology readiness.

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Carbon Capture gets $35 million in a fundraising round

Carbon Capture gets $35 million in a fundraising round

October 22, 2021 |

Carbon Capture has announced a $35 million Series A fundraising round. The company is a climate-tech firm that creates machines to capture carbon dioxide from the environment. With this new round of fundraising, the company now has over $43 million in total equity funding.

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Australia provides $180 million in grants to promote carbon capture

Australia provides $180 million in grants to promote carbon capture

October 1, 2021 |

Australia has committed to providing $180 million in grants to support the development of carbon capture, use and storage (CCUS) projects, part of a broader technology push to help cut carbon emissions, while still allowing for the use of gas and coal. The funds will be used to support the design and construction of carbon capture hubs and shared infrastructure, as well as carbon capture technology research and commercialization, and the identification of viable carbon storage sites.

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The Role of CCUS in Accelerating Canada’s Transition to Net-Zero

The Role of CCUS in Accelerating Canada’s Transition to Net-Zero

September 27, 2021 | ,

Canada has been an enthusiastic developer and implementer of carbon capture, utilization and storage (CCUS) technologies, currently accounting for nearly 20 per cent of installed CCUS capacity globally. This paper by Nnaziri Ihejirika, Research Associate, The Oxford Institute for Energy Studies explores the recent developments in the CCUS space in Canada, the major opportunities and outlook.

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Carbon Capture and Storage under Australia’s Emissions Reduction Fund

Carbon Capture and Storage under Australia’s Emissions Reduction Fund

September 14, 2021 | ,

In 2020 the Australian Government’s Low Emissions Technology Statement identified carbon capture and storage (CCS) as one of several priority low emissions technologies. At the request of the government and against the backdrop of emerging projects, the Clean Energy Regulatory began developing a CCS method (or methodology) under the Emissions Reduction Fund. Inclusion under the ERF would allow CCS projects to generate Australian Carbon Credit Units (ACCUs) and thereby generate income.

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Hydrogen energy could be key to carbon neutrality in the People’s Republic of China

Hydrogen energy could be key to carbon neutrality in the People’s Republic of China

September 9, 2021 |

Low carbon hydrogen is an important initiative right now for countries around the world and particularly in the People’s Republic of China, one of the world’s largest producers of hydrogen energy. The People’s Republic of China produced about 20 million tons in 2019. One percent or less was renewable energy hydrogen with the remainder being hydrogen produced from fossil energy (70-80%) and from industrial by-products (more than 20%).

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We are accelerating our transition: Equinor’s CEO Anders Opedal

We are accelerating our transition: Equinor’s CEO Anders Opedal

July 8, 2021 |

We are in the biggest transition our energy systems have ever seen. Renewables are growing rapidly, and over time, oil and gas will play a smaller role. The plan we present today is a strategy to take advantage of the opportunities in the transition. This is not a new direction, but we are accelerating our transition, bringing forward our ambitions while growing cash flow and returns.

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Drax completes acquisition of Pinnacle Renewable Energy Inc

Drax completes acquisition of Pinnacle Renewable Energy Inc

April 14, 2021 |

Drax has announced completion of its acquisition of Pinnacle Renewable Energy Inc. – a major producer and supplier of compressed bioenergy pellets. The acquisition will increase Drax’s annual operational capacity to 4.9 million tonnes of sustainable biomass pellets from 2022, at 17 plants in locations across Canada and the US– up from the current 1.6Mt.

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Australian and Japanese companies study the potential of deep-sea carbon capture

Australian and Japanese companies study the potential of deep-sea carbon capture

December 11, 2020 |

Australian and Japanese companies are exploring the potential of capturing carbon dioxide from industries in Asia and storing it off the coast of Australia, on the ocean floor. Australian company, Transborders Energy Pty is leading the ‘deepC store project’ along with its partners which include Tokyo Gas Co. and Kyushu Electric Power Co. The team is exploring the possibility of shipping emissions across the Asia-Pacific region using a floating hub to inject the material under the seabed.

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