{"id":35667,"date":"2022-11-02T09:48:58","date_gmt":"2022-11-02T09:48:58","guid":{"rendered":"https:\/\/abl-group.com\/abl\/?page_id=35667"},"modified":"2024-01-16T10:53:42","modified_gmt":"2024-01-16T10:53:42","slug":"carbon-capture-utilisation-and-storage-ccus","status":"publish","type":"page","link":"https:\/\/abl-group.com\/abl\/carbon-capture-utilisation-and-storage-ccus\/","title":{"rendered":"Carbon Capture Utilisation and Storage (CCUS)"},"content":{"rendered":"\n
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Home<\/a><\/span> \u00bb Carbon Capture Utilisation and Storage (CCUS)<\/span><\/span><\/div>\n\n\n

Carbon Capture Utilisation and Storage (CCUS)<\/strong><\/p>\n<\/div>\n\n\n\n

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The 2016 Paris climate deal set targets of maintaining the global temperature rise well under 2C, to prevent the worst effects of climate change. Several jurisdictions have also announced targets of reaching net-zero emissions by 2050.<\/p>\n\n\n\n

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In order to reach these targets, the world\u2019s leaders must make efforts to tackle atmospheric pollution, especially carbon dioxide (CO2) emissions, which are considered to be the biggest contributor towards climate change acceleration. Emissions must be cut by around 50% in order to make a difference.<\/p>\n\n\n\n

In 2021, the European Union adopted ambitious new targets to curb climate change,<\/a> with a pledge to make them legally binding. Under a new law, the bloc committed to cutting carbon emissions by at least 55% by 2030, compared with 1990 levels. The plans set a limit on the levels of CO2<\/sub> removal that can count towards the 2030 target to ensure that states actively lower emissions rather than removing them from the atmosphere through forests, for example.<\/p>\n\n\n\n

Carbon dioxide (CO2<\/sub>) is emitted by a wide array of sources, from power generation and heavy industry to domestic heating and private vehicles. One method for CO2<\/sub> removal is the implementation of Carbon Capture Utilisation & Storage (CCUS), which has the potential to cut carbon dioxide emissions from the world\u2019s heavy industries by 50% – working in tandem with renewable energy and energy efficiency practices.<\/p>\n<\/div>\n\n\n\n

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If deployed quickly and effectively, this could lead to sustainable net-zero energy consumption and have a significant impact on slowing climate change.<\/p>\n\n\n\n

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Lead contact:<\/h4>\n\n\n\n

Ole Rygg<\/strong><\/p>\n\n\n\n

Managing Director Wells<\/em><\/p>\n\n\n\n

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What is CCUS?<\/h2>\n\n\n\n

Carbon Capture and Storage (CCS) is a method and technology for the removal of CO2<\/sub> emissions produced from the use of fossil fuels for electricity generation, with the potential to prevent the dispersal of potentially 90% of harmful emissions.<\/p>\n<\/div>\n\n\n\n

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How does it work?<\/h2>\n\n\n\n

The technology works by capturing carbon dioxide emissions from flue exhausts, converting the gas into liquid form before transporting by pipeline or ship and storing safely and permanently far below the Earth\u2019s surface – replicating nature\u2019s storage of oil and gas – or through conversion into useful chemicals used in oil extraction or remediation of industrial waste.<\/p>\n\n\n\n

The use of CCS with renewable biomass is one of the few carbon abatement technologies that can be used in a \u2018carbon-negative\u2019 mode \u2013 actually taking carbon dioxide out of the atmosphere.<\/p>\n<\/div>\n\n\n\n

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Challenges with \u201cgoing green\u201d<\/h2>\n\n\n\n

Transitioning to net-zero on a company scale can be just as intimidating as the bigger national picture. Often, kickstarting a decarbonisation journey can be the toughest step, with challenges including:<\/p>\n\n\n\n