- Advancing the work of the Clean Energy Ministerial (CEM) Technology Action Plan, the Global CCS Institute and Parsons Brinckerhoff have released a report investigating the industrial use of captured CO2 to accelerate the uptake of CCS.
“The findings indicate that CO2 reuse has the potential to provide a moderate revenue stream for near-term CCS project development in favourable locations where reuse applications and markets are close to the emission source,” said Peter Grubnic, Acting General Manager-Projects, Global CCS Institute.
“CO2 reuse may provide a particular benefit in developing nations, where there is high demand for energy and construction materials,” he said.
The report was commissioned through the governments of Australia and the United Kingdom under the auspices of the Carbon Capture Use and Storage (CCUS) stream of the CEM, formerly known as the Major Economies Forum.
It forms part of the CEM’s Technology Action Plan to encourage the use of captured CO2 to generate revenue that can partially offset the cost of CO2 capture, as a transitional measure to assist the accelerated uptake of CCS.
Client Relationship Executive in Parsons Brinckerhoff’s Energy, Mining and Industry Group, Craig Chambers, said the findings of the report encourage industry to consider all available technologies that may help advance CCS and effectively tackle climate change.
“The report focuses on existing and emerging reuse technologies which have CO2 utilisation potential commensurate with the scale of emissions from industrial processes such as power generation, steel and cement making,” Chambers said.
”Some of the beneficial uses of CO2 examined in the report may help form part of an overall carbon mitigation strategy,” he added. “CCS remains a very real solution to the significant reduction of CO2 emissions and it is encouraging to see Australia taking a lead in support of the industry’s development.”
Among the existing and emerging technologies reviewed in the report are the use of CO2 as a feedstock in urea yield boosting; mineralisation (including carbonate mineralisation, concrete curing and bauxite residue processing); liquid fuels (including renewable methanol); and CO2 enhanced coal bed methane recovery, among others.
Findings indicate that while reuse does not have material global CO2 abatement potential, it can help to support near-term CCS project development in some locations and applications.
CO2 reuse report