deepC Store presents at American Association of Petroleum Geologists / European Association of Geoscientists and Engineers Joint Workshop (AAPG/EAGE GTW)
CStore1 Study Manager Matt Holding presented at the AAPG/EAGE GTW on High CO2, High Contaminants Challenging Fields and Alternative Energy on the topic “CO2 Carrier Transport: A Flexible Approach to Carbon Capture and Storage”, and participated in a panel discussion on the Thursday 25 November 2021.
Matt provided detailed insights on:
deepC Store, Australia’s new carbon management services company that originates and develops a series of commercial-scale CCS projects for a wide range of CO2 emitting industries.
The attractiveness of CO2 shipping as a transport mechanism in CCS projects, as used on deepC Store’s flagship CStore1 project. CO2 shipping provides greater flexibility in CO2 transportation in CCS projects, not requiring large emissions sources co-located and close to an injection reservoir to underpin a viable CCS project.
The current experience of CO2 shipping, which is primarily in the food and beverage industry. However, larger CO2 carriers are required to enable commercial scale CCS projects.
CO2 carriers providing increased flexibility when compared to pipeline-based CCS projects, allowing:
Cost-effective long-distance transportation of CO2.
Enabling CCS for more emitters by transportation of smaller volumes of CO2 that would not justify a capital-intensive pipeline.
Accelerating development of subsequent projects used on a design one build many approach.
Improving capital efficiency by incrementally increasing the value chain throughput via staggered investment.
The application of CO2 shipping in the Asia Pacific Region. CO2 shipping can transport CO2 internationally, providing CCS services to nations that do not have access to suitable injection reservoirs or legislation that supports geosequestration.
For further details please contact Matt Holding at +61 (0)8 6145 1100 or getintouch@deepcstore.com.