Reaching climate neutrality by 2050 will require carbon management at different levels. Both point source capture and carbon dioxide removal will be crucial to reduce and address legacy emissions. The U.S. Department of Energy’s carbon management portfolio includes three programs that will help to accelerate the demonstration and deployment of carbon management technologies. Europe just released the EU carbon management strategy and other regions are also taking steps to accelerate the deployment of carbon capture projects in different ways to have a global impact. How might these carbon capture demonstration projects enable capture costs to reduce? What are other regions doing to accelerate carbon management technologies? To what extent can learnings from these projects translate into further projects in the U.S. and globally?
A major ramp up in the delivery of mega-scale Carbon Capture, Utilization and Sequestration (CCUS) and Carbon Dioxide Removal (CDR) projects is required to meet climate goals. Challenges to delivery of these new, large projects on time and on budget include their scale and complexity; the need to tailor project designs in many cases and permitting and regulatory requirements in various countries. On the other hand, the energy industry is used to delivering large-scale industrial projects, and it also has a track record of delivering CCUS projects. What learnings can be taken from past and ongoing projects which will help streamline future project delivery? How can the industry share best practices and knowledge to help accelerate new projects across the world?
The production of blue hydrogen is a strategic and economically viable choice for regions with favorable conditions. Blue hydrogen can be a viable option in the low-carbon energy transition but there are challenges that must be overcome. What are the costs, infrastructure needs and risks that need to be addressed? What are the most attractive regions?
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?