CCUS is an essential technology for lowering emissions – CO2CRC’s CCUS Symposium wraps up

CO2CRC’s biennial CCUS Symposium has concluded. Last week delegates from industry, government and research convened in Torquay and online to hear the latest CCUS project and technology updates from leaders in their fields.

In what is hopefully going to be a more familiar occurrence, delegates were able to attend the Symposium in person, and reconnect with old colleagues and establish new networks.

Over the course of two days, over 120 delegates from Australia, USA, Japan, France, Italy, United Kingdom and Malaysia joined the hybrid event. The Symposium program was split between plenaries and technical sessions with presentations from industry, government and the research sector.

CO2CRC’s Chairman, Martin Ferguson AM, opened the Symposium reminding delegates that Australia’s economy has been able to withstand significant impacts of the global pandemic because of the resources sector. The economic future of Australia depends on the resource sector being able to grow and provide jobs and prosperity.

Carbon Capture Utilisation and Storage (CCUS) versatility in lowering emissions extends across heavy industry, decarbonising natural gas processing, power generation, steel and cement production. CCS technologies are also the foundation for further carbon abatement, through negative emissions technologies, such as Direct Air Capture (DAC). CCUS will be essential to reduce Australia’s emissions.

“The breadth of CO2CRC’s research portfolio supports the Government’s Technology Investment Roadmap and progress towards the goal of $20/tonne of CO2 for compression, transport and storage. CO2CRC’s Otway International Test Centre (OITC) is trialling world first monitoring technologies in collaboration with Curtin University and CSIRO and is internationally recognised as an exceptional test centre for testing and developing CCUS technologies storage and maintains Australia as a global leader in CCUS technology development.

“In partnership with Geoscience Australia and CSIRO, CO2CRC’s research portfolio extends into exploring the fundamentals of underground hydrogen storage and the opportunity for Australia’s emerging hydrogen economy. In Gippsland, CO2CRC are researching the development of a pilot Carbon Negative Biorefinery, that will produce carbon negative products essential to a sustainable circular economy.” said Dr Matthias Raab, Chief Executive of CO2CRC.

“Government policies and technology development are converging to help facilitate faster deployment of CCUS by industry. CCUS is an essential technology for lowering emissions, and the next 5 years will see an increase in CCUS projects developed in Australia.” he said.

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For further information please contact:

Roy Anderson | 0435 474 342 | roy@anderson@co2crc.com.au