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Decarbonization Avenue : CO2 Capture & Storage

Current Scenario

In 2021, global CO2 emissions were estimated at 37 billion metric tons, with India contributing approximately 2.88 billion metric tons, making it the third-largest emitter globally. India's heavy reliance on coal for power generation and its burgeoning industrial sector underscore the urgent need for effective CO2 capture and storage (CCS) strategies.

 

Key Statistics

  • Global CO2 Emissions: 36.3 billion metric tons annually, with India contributing 2.88 billion metric tons.
  • Current CCS Capacity: Fewer than 50 large-scale carbon capture plants worldwide, capturing approximately 40 million tons of CO2 annually.
  • Projected Growth: CCS capacity needs to increase dramatically to meet climate targets, with projections suggesting the need to capture and store up to 5-10 billion tons of CO2 annually by 2050.

 

Challenges

  • High Costs: Direct air capture (DAC) can cost up to $500 per ton of CO2, while capture at power plants can cost around $50 per ton.
  • Technological Maturity: Many carbon capture technologies are still in the early stages of development and require substantial investment to scale.
  • Regulatory Support: Effective regulatory frameworks and incentives are essential to drive the adoption of carbon capture technologies.

 

Key Technology

 

Carbon Capture at Power Plants

  • Post-Combustion Capture: Technologies that capture CO2 after fossil fuels are burned. These include chemical solvents, physical sorbents, and membranes.
  • Pre-Combustion Capture: Techniques that capture CO2 before fossil fuels are burned, typically through gasification processes.

 

Direct Air Capture (DAC)

  • Solid Sorbents: Using solid materials that selectively capture CO2 from the air. Companies like Carbon Engineering and Climeworks are pioneers in this field.
  • Liquid Absorbents: Solutions that capture CO2 using liquid chemicals. These systems can be integrated with renewable energy sources to enhance sustainability.

 

Microbe-Based CO2 Capture

  • Biological Systems: Utilizing microorganisms such as algae and bacteria to capture CO2 through natural processes. This approach can be integrated with wastewater treatment and biofuel production.

 

Innovations in Capture Materials

  • Advanced Sorbents: Developing new materials with higher CO2 absorption capacities and lower regeneration costs.
  • Metal-Organic Frameworks (MOFs): Porous materials that can selectively capture and store CO2 at a molecular level.

 

CO2 Capture through Biomass

  • Bioenergy with Carbon Capture and Storage (BECCS): Combining biomass energy production with carbon capture and storage to achieve negative emissions.

 

Case Studies

 

  • NTPC’s Carbon Capture Pilot Project: NTPC, India’s largest power utility, has initiated a pilot project to capture CO2 from its coal-fired power plants. This project aims to demonstrate the feasibility of large-scale carbon capture and storage in India.
  • Indian Oil Corporation’s Algae-Based CO2 Capture: Indian Oil Corporation (IOC) is exploring the use of algae for CO2 capture from its refineries. The captured CO2 can be used for biofuel production, creating a circular carbon economy.
  • Climeworks’ Direct Air Capture Technology: Although not based in India, Climeworks' direct air capture technology serves as an example of how DAC can be implemented. The company’s facilities in Europe capture CO2 directly from the atmosphere, demonstrating the potential for global adoption.

Decarbonization potential

India's role as the third-largest emitter of CO2, with annual emissions of approximately 2.88 billion metric tons, highlights the urgent need for effective carbon capture and storage (CCS) solutions. The global push for net-zero emissions by 2050 necessitates the rapid scaling of CCS technologies, which are crucial for mitigating climate change. Current global CCS capacity captures around 40 million tons of CO2 annually, but this needs to increase dramatically to meet climate targets. 

 

Key Datapoints

  • Carbon Capture Capacity: Achieve a national capacity to capture and store 50 million tons of CO2 annually.
  • Cost Reduction: Reduce the cost of CO2 capture to below $30 per ton for power plants and below $200 per ton for direct air capture.
  • Pilot Projects: Implement 20 large-scale pilot projects across various sectors, including power generation, steel, and cement.
  • Policy Framework: Establish comprehensive policies and incentives to support CCS technologies and ensure regulatory compliance.
  • Public-Private Partnerships: Foster collaboration between government, industry, and research institutions to drive innovation and deployment.

Industries impacted

  • Agriculture & farming
  • Chemicals & petrochemicals
  • Mining & metals
  • Oil & gas
  • Power
  • Waste management

Themes & Topics

  • Capture from power plants

    • CO2 capture & storage from coal plants

      • Post combustion CO2 capture at coal power plants

      • Pre combustion CO2 capture at coal power plants

      • Oxy-fuel combustion

    • CO2 capture & storage from natural gas plants

    • Capture of process CO2 emissions from large industries

      • Fertilizer

      • Steel

    • Capture from other point sources such as breweries

  • Direct air capture

  • Chemical / solvent capture

  • Emerging technologies for CO2 capture

    • Metal organic frameworks

    • New materials

    • Nanotech

  • Emerging business models

    • Carbon capture as a service

  • Economics

    • Carbon pricing

 

 

 

 

 

 

 

 


 

 

 

  • CO2 transportation & storage

    • CO2 transport

      • Pipeline transport

      • Truck or rail transport

    • CO2 storage

      • Geological storage

        • Suitable regions & geographies

      • Ocean storage

      • Storage in saline aquifers

  • Education & capacity building

  • Collaboration

  • Policies & mandates

    • International & national targets

  • Case studies

  • Financing

  • Trends across geographies

    • North America

    • South America

    • Europe

    • Asia

    • Middle East & Africa

    • Oceania

 

 

 

 

 

 

 

 

 

 

 

 

 



All Decarbonization Avenues @ EAI


Renewable Energy :

  • Utility Scale Solar PV |
  • Distributed Solar PV |
  • Solar Thermal |
  • Wind Power |
  • Biomass for Heating & Power |
  • Biofuels |
  • Hydro Power |
  • Geothermal Energy |

  • Energy Efficiency :

  • Industrial Waste Heat Recovery |
  • Low Carbon Thermal Power |
  • Energy Efficient Industrial Equipment |
  • Smart Grids |
  • Heat Pumps |
  • Digital for Decarbonization |
  • Energy Efficient Buildings |

  • Energy Storage :

  • Green hydrogen |
  • Thermal & Mechanical Storage |
  • Battery Storage |

  • Agriculture & Food :

  • Sustainable Forestry |
  • Regenerative Agriculture |
  • Smart Farming |
  • Low Carbon Food |
  • Agro Waste Management |

  • Waste Management :

  • Reducing Food Waste |
  • Solid Waste Management |

  • Materials :

  • Bio-based Materials |
  • Advanced Materials |
  • Product Use Efficiency |
  • Industrial Resource Efficiency |

  • Water :

  • Water Use Efficiency |

  • Decarbonizing Industries :

  • Low Carbon Metals |
  • Low Carbon Chemicals & Fertilizers |
  • Low Carbon Construction Materials |
  • Low Carbon Textiles & Fashion |
  • Corporate Carbon Management |
  • Decarbonizing Oil & Gas Sector |

  • Low Carbon Mobility :

  • Electric Mobility |
  • Low Carbon Trucking |
  • Low Carbon Marine Transport |
  • Low Carbon Aviation |
  • Low Carbon ICE Vehicles |
  • Mass Transit |

  • GHG Management :

  • C2V - CO2 to Value |
  • CO2 Capture & Storage |
  • Reducing Emissions from Livestock |
  • Reducing Non-CO2 Industrial & Agricultural Emissions |
  • Managing Large Carbon Sinks |

  • Communities :

  • Low Carbon Lifestyles |
  • Low Carbon Cities |

  • Finance :

  • Climate Finance |

  • Platforms :

  • Multi-stakeholder Collaboration |
  • Low Carbon Accelerators |

  • Moonshots :

  • Moonshots |