The Global CCS Institute and the Department of Climate Change, National Development and Reform Commission (DCC-NDRC) have signed a Memorandum of Understanding (MOU) regarding cooperation on carbon capture and storage (CCS).
The key areas of cooperation identified under the MOU include the promotion of technical and non-technical cooperation, encouraging further development and demonstration projects, and promoting greater cooperation on CCS both within China and internationally.
“The potential for deploying CCS in China is considerable given China’s large fossil energy use, significant coal reserves and coal-based industries,” said Brad Page, CEO of the Global CCS Institute.
“Today’s MOU signing signifies a concrete step in fostering closer cooperation between the DCC-NDRC and the Global CCS Institute and provides the framework for the delivery of future key joint initiatives,” he said.
A two-day course on CO2 Storage and Enhanced Oil Recovery is being held in conjunction with the MOU Signing Ceremony, marking the first joint initiative under the MOU. The course has attracted great interest from a range of stakeholders, including some of the most prominent state-owned power generators and oil and gas companies in China.
NDRC is China’s lead governmental body responsible for formulating and implementing strategies of national economic and social development, including addressing climate change and developing CCS. DCC-NDRC joined the Global CCS Institute on behalf of the Government of the People’s Republic of China as a Foundation Member in 2008 and formalised its membership by signing on as a Legal Member in 2010.