Shell – Driving down the cost of carbon capture
Shell is working with partners to modularize and standardize the integration of carbon capture into industrial facilities
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The world will need to store many gigatonnes of carbon dioxide per year as part of a broad package of solutions to get to net zero emissions. OGCI is working with industry, governments and other investors to scale up carbon capture, utilization and storage (CCUS). We are also exploring the role OGCI can play in enhancing natural climate solutions and scaling up engineered carbon removals.
What OGCI is doing
CCUS is one of OGCI’s top priorities. We aim to facilitate the emergence of a commercially viable CCUS industry that can safely, permanently and responsibly store carbon dioxide on a gigatonne scale.
OGCI launched its CCUS KickStarter Initiative in 2019 to help establish multiple low-carbon hubs. These CCUS hubs take carbon dioxide from several emitting sources, such as heavy industries and power, and then transport and store it using common infrastructure. OGCI companies are now developing over 20 CCUS hubs around the world.
To enable the emergence of a commercially viable CCUS industry on the scale that is required to tackle industrial decarbonization, we need a clear focus on CO2 storage resource capacity, on policies & regulations and on innovative business models.
That’s why OGCI launched The CCUS Hub. This platform is designed to help regulators, industrial emitters and transport & storage operators to identify potential hubs and learn lessons on how best to set them up from the most advanced hubs.
Emerging CCUS hubs with OGCI member company involvement
OGCI member companies are now involved in the development of more than 20 potential CCUS hubs around the world.
What OGCI member companies are doing to accelerate CCUS
Member companies are investing in technologies, projects and hubs that capture, store, use or remove carbon dioxide from industrial processes, power generation and the atmosphere.
ENI – HyNet helps decarbonize northwest England and north Wales
Eni is leveraging existing infrastructure to scale up large-scale carbon transport and storage
OCCIDENTAL – Capturing carbon dioxide from the atmosphere
Moving direct air capture technology from pilots to commercial, large-scale implementation.
PETROBRAS – Applying carbon capture and EOR at scale in ultra-deep waters
Over 14 million tonnes of carbon dioxide reinjected into reservoirs, 2km below the ocean’s surface, in one of the world’s largest CCUS projects
SHELL – The lessons of Quest
In May 2019, Shell announced that its Quest facility in Alberta, Canada, had captured and safely stored 4 million tonnes of carbon dioxide.
OCCIDENTAL – Getting to carbon neutrality
When Occidental announced it aspired to carbon neutrality, it pointed to CCUS projects as critical to making this vision a reality.
SHELL – Demonstrating innovative carbon capture technology
Shell’s new separation technology simultaneously meets high CO2 recovery and purity standards, at lower costs and with low to no emissions.
REPSOL – Manufacturing net zero emissions fuels
Repsol is building one of the world’s largest plants to manufacture synthetic fuels.
What OGCI Climate Investments is doing to accelerate carbon capture
We invest in innovative capture technologies, utilization solutions and projects to scale up CCUS.
Svante
Svante aims to halve the cost of carbon capture through its breakthrough scalable technology.
Keystate
KeyState is a first-of-its-kind project integrating on-site natural gas extraction, chemical production, and carbon capture and storage (CCS) in a closed carbon loop. Once operational, the 7,000-acre site is expected to have the capacity to store over 300,000 tons of CO2 per year.
Solidia Technologies
Solidia has developed patented systems for producing lower-emissions cement and concrete cured with carbon dioxide rather than water.
Econic
Econic uses pioneering catalyst technology to incorporate carbon dioxide as a raw material into polyols.
Net Zero Teesside
Net Zero Teesside is a CCUS project, located in the North East of England, which aims to deliver the UK’s first zero-carbon industrial cluster.
Wabash Valley Resources
Wabash Valley Resources are developing a project that will capture and sequester 1.5-1.75 million tons of CO2 annually from their co-located ammonia plant, to create the world’s first ammonia produced with near zero carbon footprint.
Elk Hills Carbon LLC
Elk Hills Carbon is a CCUS project led by California Resources Corporation (CRC), the largest oil and natural gas producer in California, which will capture CO2 from a natural gas power plant.
Quail Run Carbon
Quail Run Carbon project is a joint venture and one of the world’s first projects to modify and retrofit an existing natural gas power plant with commercially available technology capable of capturing over 90% of the CO2 emissions.
NextDecade
NextDecade, the developer of Rio Grande LNG, plans to capture and permanently store more than 5 million tonnes of carbon dioxide per year – over 90% of its emissions – making it one of North America’s largest US CCS projects in development.
