Australian and Canadian carbon capture and storage research leaders have quickly moved to establish a memorandum of understanding where internationally significant projects led by CO2CRC and the Petroleum Technology Research Centre (PTRC) will collaborate on a range of technologies to drive down the costs of carbon capture and storage as an industrial scale emissions reduction tool.
CO2CRC is Australia’s leading carbon capture and storage research organisation, having been the first company to have undertaken full chain CCS (capture, transportation and storage) nationally. CO2CRC research focuses on enhancing monitoring techniques for regulator and community certainty while reducing cost. The CO2CRC research teams also design, manage and partially fund projects that investigate the capture of high concentrations of CO2 in otherwise uneconomic natural gas wells.
As a leader in the field of carbon management, PTRC manages all research associated with Aquistore - the world’s only integrated storage project associated with an industrial scale coal-fired power plant. Aquistore provides an exclusive ‘industrial laboratory’ to test and develop viable, lower cost monitoring technologies to advance commercial CCS projects internationally.
Tania Constable, CO2CRC’s CEO said, “Both CO2CRC and PTRC are focused on driving the costs of carbon capture and storage down to deploy CCS more quickly. Sharing information techniques will help”.
“CO2CRC will work closely with PTRC to support this goal”, Ms Constable said.
Ken From, PTRC’s CEO notes “The performance of Aquistore and the data generated are exceeding expectations of the PTRC team and the world’s research community, and we are very pleased to collaborate with our Australian colleagues.”
This agreement represents efforts to prepare and execute joint research, facilitate the exchange of scientists and technical personnel, and encourage dedicated CO2 storage on regional, national, and international scales.