Climate and clean energy experts convened in Washington, DC yesterday for the ninth annual Forum on carbon capture and storage (CCS), hosted by the Global CCS Institute.
The US currently leads the world’s deployment of large-scale CCS facilities and has enacted the most progressive CCS-specific incentive globally.
“The US has seen significant growth in CCS facilities in planning due to positive policy developments on the state and federal level,” said Brad Page, CEO of the Global CCS Institute.
“Now we need to focus on realising projects and furthering innovation.”
The Global CCS Institute identifies and tracks large-scale CCS projects around the world and, in late 2019, added eight US facilities to its CO2RE CCS database.
“Despite a positive outlook in the US, still more must be done. Particularly from a global perspective, US leadership in CCS can bolster global efforts to reduce emissions as well as lead to cost reductions that will make it easier for other countries to access the technology.”
“With a 100-fold scale-up necessary globally, the learnings from the US facilities will be crucial to accelerating the global deployment of CCS.”
At the forum, experts discussed three key areas to advance CCS deployment in North America, including creating diverse support for the technologies and increased climate ambition, enabling access to geologic storage hubs and improving financing conditions.
Innovators also presented new technologies aiming to innovate solutions across the carbon capture, utilisation, and storage (CCSUS) value chain.
“Shell views CCS as a critical technology for society to meet the goals of the Paris Agreement. We are involved with a number of CCs projects, one of which being our large-scale Canadian CCS venture known as Quest, which has captured more than 4 million tonnes of CO2 since 2015,” said Jason Klein, Vice-President of US Energy Transition Strategy at Shell, and Keynote Speaker at the forum.
“We believe collaboration with both public and private stakeholders have played, and will continue to play, a significant role in the success to CCS.”
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