Experts speak: CCUS in energy transition

Carbon Capture Utilisation and Storage or CCUS technology has been at the forefront of making industrial and power generation activity cleaner by capturing and effective utilization of high concentrations of CO2 emissions.

At the 2nd Annual CCUS” conference on April 21-22, 2022, Prospero Events Group is bringing together the top experts in CCUS technologies from energy as well as industrial companies. We asked our expert panel about the biggest challenges of CCUS, CCUS technology and the use of carbon in Carbon-neutral energy transition.

Richard A. Esposito - R&D Program Manager - GeoScience & Carbon Management/Net Zero Technologies, Southern Company.

Richard A. Esposito – R&D Program Manager – GeoScience & Carbon Management/Net Zero Technologies, Southern Company.

Why is infrastructure important to the near-term deployment of CCUS technologies?

Deep reductions of GHG emissions in the electrical utility sector will require CCUS deployment at baseload fossil fuel dispatch facilities. With CCUS deployment, massive infrastructure will be required with transportation and storage. Deployment will require a CO2 pipeline network that will look like current natural gas pipeline networks. From a cost perspective, a 150-mile CO2 pipeline can approximate the capital costs to build a 200 MW capture facility.

Fossil fuels to H2 produces CO2 also requiring transport and storage. Future hydrogen production will potentially benefit where CO2 infrastructure exists. Large-scale CO2 utilization will also potentially require transport. Early planning and development of infrastructure with pipelines and regional storage hubs represents an opportunity to facilitate CCUS deployment in the near-term.”

 

Daniel Marenne - Energy Solution Architecture, Engie, Belgium

Daniel Marenne – Energy Solution Architecture, Engie, Belgium

Why the carbon-neutral energy transition will imply the use of lots of carbon?

“In parallel with other pathways to achieve carbon neutrality, Carbon will remain as today a key player of the economy thanks to the circular economy of CO2.

The circular economy of CO2 is crucial to accelerate the transition as it implies no extra storage, transport, distribution and use investment.

Tudy Bernier - Senior Policy Manager, CO2 Value Europe, Belgium

Tudy Bernier – Senior Policy Manager, CO2 Value Europe, Belgium

What is the biggest challenge this year in front of CCUS?

2022 is a landmark year for Europe’s climate policy, with the Fit-for-55 package defining now the climate transition. Carbon Capture and Utilisation is at center of multiple discussions: as CO2 Value Europe, we promote CCU to be a key driver for reducing CO2 emissions and moving away from fossil carbon use”

Daniel Fletcher - Head of CCUS Portfolio, BP, United Kingdom

Daniel Fletcher – Head of CCUS Portfolio, BP, United Kingdom

What is the biggest challenge this year in front of CCUS?

” CCUS can play a critical role in decarbonising hard to abate sectors. We are entering a time where the development of CCUS hubs is not only needed but financially viable. Hubs enabled through partnerships, provide economies of scale and can incentivise investment in carbon capture across the industry.

Join 2nd Annual CCUS Forum 2022  on April 21-22, 2022 to discuss the challenges and solutions of CCUS technologies development, the roadmap of net-zero, cost reduction, collaboration strategy, and partnership formation with the most relevant professionals from BP, Southern Company, Engie, Lafarge, Co2 Value Europe, Fortum, Storegga, SSE, Drax Group, Serica Energy, Nordic Electrofuel and more.

Related: Top Captured Carbon Storage Sites Around the World

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