Economic Potential of DACCS and Global CCS Progress slide image

Economic Potential of DACCS and Global CCS Progress

Notable project developments in the 12 months since the last Global Status report include: • . • . . Drax Power Station in the UK announced the world's single largest bioenergy with CCS (BECCS) project, with a world-scale 8.0 Mtpa capacity across two units. The Klemetsrud Waste-to-Energy CCS project in Norway moved to In Construction, having secured funding. This is the first commercial-scale CCS project applied to a waste-to-energy facility. Glacier CCS Project - capture technology firm, Entropy, commissioned a CO2 capture facility on a natural gas-fired reciprocating engine, the first of its kind at commercial scale and an important milestone given the importance of future capture from natural gas combustion streams worldwide. Air Products announced its blue hydrogen project in Louisiana, incorporating natural gas gasification technology. ORCA, the world's first commercial direct air capture with carbon storage (DACCS) facility, was commissioned in Iceland. Its follow-up, the MAMMOTH project, was then announced. In Australia, the Bayu-Undan project by Santos has moved into Front End Engineering and Design (FEED). This project will capture CO2 from LNG production in Darwin and transport it via pipeline across the maritime border between Australia and Timor- Leste for offshore geological storage. A key feature of this project is repurposing an existing natural gas pipeline for CO2 Occidental, in partnership with DACCS technology company Carbon Engineering, announced that construction will commence on a 500 ktpa direct air capture project in the Permian Basin in the US. The plant is said to be capable of scaling up to a 1 Mtpa capacity. This is in the context of Occidental's stated plans to develop a fleet of 70 135 such facilities around the world by 2035. [8] GLOBAL CCS INSTITUTE
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