Session Information
13-Mar, 13:00 - 14:30
CCS: It Works, It’s Scalable – And There is No Net Zero Without It!
Future Energy Forum
Experts around the world agree that carbon capture and storage (CCS) is essential to lowering global emissions and achieving net zero targets. CCS is an essential technology to help decarbonise existing energy sources and reduce the emissions of hard-to-abate sectors. CCS also plays an important role in the production of low-carbon hydrogen.
According to the Global CCS Institute, carbon storage capacity is scaling. There are 196 commercial CCS facilities globally including 30 in operations, 11 in construction and 153 projects in development. Australia features prominently as home to the world’s largest, Chevron’s Gorgon CCS, which has stored more than 8 million tonnes of CO2 to date. Other Australian and regional projects are expected to become operational in the next few years.
Our panel, featuring leaders involved in CCS operations and at the forefront of technology development, will discuss the path towards meeting emissions targets, the pace, scale and investment required and the regulatory landscape necessary to support this evolving industry. They will also share perspectives on how CCS is maturing and insights on what’s ahead for this promising emissions reduction solution.
Chairperson:
Bernadette Cullinane, Deloitte
