Carbon dioxide capture and utilisation (CDU), or carbon recycling, involves capturing emitted CO2 and using it as a raw material to produce valuable substances for human use. This process holds the potential to significantly contribute to the mitigation of climate change. Industry, research institutions, and governments have collaboratively developed a roadmap for carbon recycling technologies. This roadmap outlines two key technological approaches.
CCUS projects in the Asia region are beginning their development towards commercial viability and scalability. Two or three projects are expected to commence operations just before 2030. However, the commercial success of these projects is contingent upon a regulatory framework that is currently being developed. The success of CCUS initiatives in the region will depend on how effectively this regulatory framework can facilitate the deployment of commercial CCUS projects. In other words, the region's success with CCUS projects hinges on its ability to establish robust regulations.
Explore the transformative potential of Carbon Capture and Storage (CCS) and Carbon Capture,Utilization, and Storage (CCUS) technologies, with experts highlighting Indonesia’s, SoutheastAsia’s, and East Asia’s roles in reducing carbon emissions and creating new business opportunitiesin the global green economy.
The Northern Lights CCS project represents a significant milestone in the pilot phase of the open-access CCS initiative. The Northern Lights system comprises the transport and storage components of the Norwegian Longship project, which encompasses the entire CCS process, including carbon capture. This CCS chain collects and transports CO2 from Greenland, Oslo, and Sweden to the intermediate storage site in the municipality of Øygarden in western Norway. From there, CO2 is injected through a 100 km pipeline to an offshore saline aquifer storage located 2,600 metres below the seabed.
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