Should We Build More Noah’s Arks to Store Carbon Emission?
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I'm a geophysicist, a B.Sc in geophysics from Bandung Institute of Technology, the top-rank university in Indonesia. I did lots of achievements during my bachelor study. I was awarded the Most...
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This item is part of the Special Issue - 2020-01 - Predictions & Trends, click here for more
- Zero Routine Flaring initiative released by IEA last year is a positive sign for large-scale deployment of CCS this year.
- Currently, we have 33 large-scale CCS fields, 50 in planned for operational fields, and 75 pilot project fields.
- In 2020, from 33 fields we still have 36 million tons of carbon dioxide captured and stored per annum, only 1.2% of the 2,800 million tons per annum targeted by 2050.
- A simulation shows that if we maximized these 50 + 75 fields to be operational for large-scale fields from 2020 to 2050, we could surpass the above target.
- Current CCS key players in North America and Europe are already the Early Majority, in Australia and Northeast Asia are the Early Adopters. However, major Innovators are still very rare in Southeast Asia, preferably Indonesia.
- The future market in 2020 should be re-thought: Startups, Nigerian basins, Indonesia’s gas field in Natuna Sea, and combination with hydrogen market.