Knowledge Sharing Conference

Facilitating the sharing of knowledge, insights, best practices, and innovative ideas among professionals, experts, researchers, and industries on the CCUS topic.

23 December 2024

ERIA discusses Regulatory Frameworks for CCS Development highlighting Norway’s experiences

In a significant step towards advancing Carbon Capture, Utilization, and Storage (CCUS) technologies across Asia, the 19th Asia CCUS Network Knowledge Sharing Conference convened on 23 December 2024. The virtual event brought together policymakers, legal experts, and industry representatives to discuss the critical elements of crafting effective CCUS regulations. The conference opened with remarks by Mr. Shigeru Kimura, ERIA’s Senior Policy Fellow. He emphasized the vital role of regulatory frameworks in facilitating CCUS deployment, particularly as the sector transitions from demonstration projects to full-scale commercial activities. Mr. Kimura highlighted Japan’s efforts in establishing a CCS business law as a foundational step, calling on other Asian nations to prioritize regulatory alignment to unlock regional CCUS potential. “Law and regulation must address both technical and business aspects to enable private sector participation,” he stated.

25 November 2024

ERIA Showcases Norway’s Northern Lights CCS Project to Deepen CCUS Technical Insights Across Asia

The Northern Lights project is pioneering the advancement of Carbon, Capture, Utilisation, and Storage (CCUS) in the world in which it has achieved numerous breakthroughs in its execution. Boasting a storage capacity of 1.5 million tonnes per annum (MTPA) of carbon dioxide (CO2) at the Aurora storage site, this Norwegian government project is scheduled to commence injection in 2024. Reaching this milestone required an unwavering ability to overcome challenges related to engineering, procurement, and construction (EPC). However, Norway’s successes offer a wealth of in-depth technical insights that can greatly benefit Asian countries striving to accelerate CCUS development and deployment.

25 November 2024

ERIA Discusses Role of Public Engagement and Communication in Advancing CCUS Success in Asia

Southeast Asian countries are moving forward in their commitment to a carbon-free world by continuously developing Carbon, Capture, Utilisation, and Storage (CCUS) projects in the region. Indonesia, Thailand, and Malaysia are expected to begin CCUS operations before 2030, with Indonesia and Malaysia aiming to serve as a regional hub. Improvements in the public’s understanding of this emerging technology are essential to support the ongoing development of this carbon-reducing innovation. Public acceptance is also a significant factor in driving the success of CCUS projects in Asia along with government and private sector support.

25 November 2024

ERIA and Stella Maris Impart Expertise in Developing Stella Maris Project to Advance CCUS in Asia

With significant carbon dioxide (CO2) storage potential in several Southeast Asian countries and climate goals that must be achieved, the race is on to establish a Carbon, Capture, Utilisation, and Storage (CCUS) hub in the region. Amidst the push to meet emissions reduction targets swiftly and effectively, scaling up CCUS and Carbon, Capture, and Storage (CCS) projects will be essential to reducing the cost of these carbon removal technologies. Countries in Asia must overcome several challenges, including regulatory frameworks, financing, and suitable business models, to advance these regional projects while ensuring a robust CCUS value chain is developed. The Economic Research Institute for ASEAN and East Asia (ERIA), as the secretariat for the Asia CCUS Network (ACN), invited Altera Infrastructure to share their expertise and insights on their Stella Maris CCS project, a large-scale and scalable CO2 capture solution during the 16th ACN Knowledge Sharing Conference, entitled “Developing CCUS Hub in Asia: Lesson Learned from Stella Maris CCS System.” The event focused on the opportunities, obstacles, and solutions of establishing cross-border CCUS hubs of which there are currently two in the world: the Northern Lights System and the Stella Maris System.

ERIA and Sumitomo Corporation Talk Decarbonisation of Thermal Power Plants and CCUS Potential in Indonesia

Carbon capture technology is integral to the decarbonisation pathway for the Asia Pacific region and ASEAN Member-States, particularly in hard-to-abate sectors and power plants. Through carbon capture, including direct air capture with carbon storage, ASEAN can reduce its emissions by around 565 Mt-CO2 by 2060. With demographic and economic growth expected to continue in Asia, Carbon, Capture, and Storage (CCS), as well as Carbon, Capture, Utilisation, and Storage (CCUS) is poised to be of increasing importance for the region. However, challenges in CCS deployment in Asia remain, comprising technology development, legal framework, and financing availability. Similarly, Indonesia faces these exact problems in its push to transform its energy system, especially its thermal power plants, as it moves ahead with its decarbonisation strategy.

ERIA and Wood Mackenzie Discuss Policy Readiness and Government Support on CCUS Deployment in Asia Pacific