Shell is working with partners to modularize and standardize the integration of carbon capture into industrial facilities
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.