Tag: ccus

Hydrogen Production with CCUS in China: IEA Report

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

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

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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Carbon Capture in the Southeast Asian Market

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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CCUS Projects and US Federal Environmental Laws

Carbon capture, sequestration, utilization, and storage (CCUS) will be essential in meeting the Biden administration’s net zero GHG emission goals, as the chair of the White House Council on Environmental Quality (CEQ) acknowledges that “to reach the President’s ambitious domestic climate goal of net-zero emissions economy-wide by 2050, the United States will likely have to capture, transport, and permanently sequester significant quantities of carbon dioxide.”

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Storing for the Future: Role of CCUS in low carbon development in ASEAN

In ASEAN, CCUS could be fundamental in helping the region decarbonise   energy   systems   from   coal-based   electricity   generation and in achieving the net-zero target. Some AMS have  expressed  interest  in  deploying  CCUS  technologies  in  their   countries.   However,   none   has   established   specific   measures or an action plan, such as policy support from governments towards the energy transition and low-carbon economy through CCUS development.

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Challenges and Implications of Coal Phase-down to the ASEAN Energy Landscape

According to this policy briefing by ASEAN Centre for Energy, establishment of enabling policies and step-by-step phase mechanism that allows stable grid amid high renewable energy penetration is crucial. There are several pathways that could be taken aside from retiring coal plants such as deployment of biomass co-firing, carbon capture utilization and storage (CCUS), and high-efficiency low emissions (HELE) technologies.

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Role of CCUS in Low Carbon Development in ASEAN

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

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

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

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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