Carbon Capture AND STORAGE (CCS)
Capture and storage on the increase
Another strategy in the fight against greenhouse gas emissions is through carbon capture and storage (CCS), also enabled by CO2 Solutions’ innovative technology. This process is primarily for large GHG emitters who do not use CO2 for their industrial processes and who cannot sell any CO2 they capture to nearby third parties.
The process of CCS involves selectively removing CO2 from the effluent gases captured. It is then permanently injected under pressure deep underground into appropriate storage sites, most commonly in deep saline formations, exhausted oil and gas reservoirs and, more rarely, in unusable coal seams.
Interested in CO2 storage? Contact us!
In its Fifth Assessment Report entitled Climate Change 2014: Mitigation of Climate Change, the Intergovernmental Panel on Climate Change (IPCC) recognized carbon capture and storage (CCS) as a key part of the mix of various technologies necessary to reduce the impacts of climate change3. The IPPC has previously estimated that there is at least 2 trillion tonnes of CO2 storage capacity in appropriate geological formations globally4. Based on this and the fact that large industrial plants generate 14.7 billion tonnes of emissions annually, there are approximately 136 years of storage for CO2 emissions worldwide.
An enormous capacity for geologic CO2 storage worldwide
Alberta oil sands
Of particular interest is the opportunity in the Alberta Oil Sands, the fastest growing source of carbon emissions in Canada. Unconventional hydrocarbon production from the oil sands is a subject of concern due to its higher overall carbon footprint compared to conventional oil production. CCS is a compelling option for the mitigation of this footprint, and CO2 Solutions is ideally positioned to implement it. Pilot demonstrations currently underway using their enzyme technology have shown that it is 35 to 60% more economical than conventional amine processes.