EnergyQuest’s Unlocking the Potential of Carbon Capture offers an in-depth review of the Australian carbon capture, utilisation, and storage (CCUS) industry. It explains why CCUS is necessary, the key factors for successful project execution, and the current status and outlook of CCUS (including CCS) projects for Australia.
The 105 page report is the leading energy consultancy’s analysis of the CCUS industry and is compiled by experienced energy professionals including geologists, petroleum engineers and commercial experts.
The report highlights CCUS as a critically important part of achieving a 2050 net-zero greenhouse gas emissions target. However, at the current pace of development, carbon capture and storage will not meet global and Australian targets in time. The window for action is closing.
The rigorously referenced report starts with the need for CCUS, and the objectives to be met. Then it looks closely at the technical challenges from a project, and particularly a subsurface point of view.
The technical review highlights five critical factors necessary for a successful CCUS project.
The report examines each of the Australian CCUS projects, and compares them against the critical success factors and to international benchmarks.
It concludes with what needs to be done and where the industry risks lie.