ZEP report on role of CCUS in below 2 degrees scenario

Jul 25 2018


The report concludes that CCS is available today, constitutes an essential part of the lowest cost solution, and is particularly necessary for reducing emissions from 'hard to mitigate' sectors such as industrial processes and distributed heating.

The European Zero Emissions Technology & Innovation Platform (ZEP) report also states that as part of the lowest cost pathway to delivering long-term EU greenhouse gas emissions reductions, CCUS enables a ‘just transition’. This is one that is perceived as not unduly costly to people locally and globally.

The report argues that European industry in particular needs to deploy low-carbon solutions that are available today, and CCUS represents one of the few technologies that is available, scalable and costeffective. CCUS therefore enables a transition that is ‘just’ both locally and globally, sustaining the economic contribution of the industries in which Europe has already invested.

Commenting on the report, Dr. Graeme Sweeney, Chairman of ZEP, said: “The European Commission has just published its consultation on the strategy for long-term EU greenhouse gas emissions reduction and how to deliver net-zero emissions by 2050. There is no doubt that reaching this target will be incredibly challenging and we will need all tools at our disposal. Our report published today is clear: CCUS is not an and/or technology, it is a must-have."

"CCUS technologies are available now and their urgent deployment therefore represents the lowestcost solution with minimal disruption to industry, consumers and infrastructure. By comparing CCUS deployment to delivery of historical public services, such as the provision of clean water or transport infrastructure, we begin to see CCUS in a different light; as part of a ‘just transition’ that delivers benefits to various sectors and national economies across Europe. It preserves jobs in vital industries and creates new ones, thereby delivering economic prosperity for Europe whilst establishing our industrial heartlands as the go-to place for low-carbon products on the international scene."

"In the last year, we have seen much-needed action and progress on delivering CCUS in countries such as Norway, The Netherlands and UK. What is needed now is coordinated action between the Commission, Member State Governments and the private sector to put in place the necessary mechanisms to enable investment in CO2 transport and storage infrastructure. This will create industrial CCS clusters that are able to reconcile continued growth with reducing emissions, thereby ensuring a sustainable future for key European regions”.

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Issue 63 - May - June 2018

The Oil & Gas Issue: CCS is back on the EU agenda and the oil & gas industry can help .. Industrial CO2 capture: the case of LNG plants .. ACT Acorn full-chain integrated project Hazelwood pilot - a new CO2 absorber offers cost reductions .. Offshor.....


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