CCUS is an integral part of the transition to next zero for multiple companies and industries, including those in hard-to-abate sectors. Which industries and locations can most quickly adopt CCUS at scale? What other factors are needed to provide the impetus for scaling of this solution in those industries?
In this pod, Damian Beauchamp, President & Chief Development Officer of 8 Rivers, will share how Nobel Laureate, Rodney Allam MBE, and the 8 Rivers R&D team, developed a breakthrough hydrogen production process by rethinking the role of CO2. The session will highlight how CCR technology represents a leap forward in sustainable hydrogen and ammonia production and can help achieve the goals set by global initiatives like COP28, offering a practical roadmap for decarbonizing hard-to-abate industries and aligning with global energy strategies.
Direct air capture (DAC) could be a vital technology in meeting the world’s climate goals by 2050. Keeping emissions on a path that prevents more than 1.5 degrees C of warming will require a substantial amount of negative emission solutions to capture carbon dioxide (CO2) directly from the atmosphere. Among all carbon removal solutions, DAC is attractive owing to its permanence, flexible location, scalability and ease of monitoring. What is the business case for DAC? What is the market’s growth potential? Where are the opportunities for cost reduction? What challenges remain to be tested through the piloting of large-scale plants?