Carbon capture storage companies4/24/2024 ![]() While the broad deployment of CCS has significant potential for carbon mitigation, there is growing interest in using the trapped CO 2 in a way that can create economic value, often referred to as carbon capture and utilization (CCU). What is Carbon Capture, Storage and Utilization? Source: Īccording to the International Energy Agency, carbon capture and storage (CCS) is a central measure to substantially reduce CO 2 emissions and meet the target (∼26 GtCO 2/year by 2030) sought by the international community. CCS involves the capture of carbon dioxide from point sources of emissions and its injection into geological bodies, where it would be permanently retained. Such underground storages are already geologically very well known and sometimes applied as storages for natural gas in subsurface underground formations, e.g., saline aquifers.įigure 1. ![]() The industry aims to extract CO2 from exhaust gases and capture it in large quantities in artificial storage in subsurface geological formations. There is no other solution – and this solution is technically possible. ![]() In the light of current knowledge and technical developments, the only way to reduce those emissions is to separate CO2 and store it underground. CO2 has not only a negative impact on the environment as the so-called “Greenhouse Gas” – CO2 at higher concentrations is directly “lethal” for the human body. Significantly large quantities are created as exhaust gases from global industrial production – such as cement and steel industries, but mainly from fossil fuel-driven electric power plants – but also as associated gas from oil and gas production. Increasing emission of carbon dioxide (CO2) has a major impact on global warming. One of the critical problems of our industrialized civilization and social-economic systems is the destabilization of the biosphere by artificial emissions, which can no more be controlled and absorbed by natural processes.
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