Sunday, January 17, 2021
Home Reports IEA: CCUS in Clean Energy Transitions

IEA: CCUS in Clean Energy Transitions

A net-zero energy system requires a profound transformation in the way we produce and use energy that can only be achieved with a broad suite of technologies. Carbon capture, utilisation and storage (CCUS) is the only group of technologies that contributes both to reducing emissions in key sectors directly and to removing CO2 to balance emissions that are challenging to avoid – a critical part of net zero goals. After years of slow progress, new investment incentives and strengthened climate goals are building new momentum behind CCUS.

The International Energy Agency’s (IEA) report, entitled CCUS in Clean Energy Transitions examines in detail the role for CCUS technologies in clean energy transitions. It identifies four key contributions: tackling emissions from existing energy infrastructure; a solution for sectors with hard-to-abate emissions; a platform for low-carbon hydrogen production; and removing carbon from the atmosphere. The report considers innovation needs across CCUS technologies and applications. It includes new geospatial analysis of power and industrial emissions in key regions and their proximity to potential geological storage.

Read the full report here.

Most Popular

Innogy signs an agreement with Czech Ministry of Industry to introduce new energy-saving measures

Innogy has signed an agreement with the Ministry of Industry and Trade to improve the country’s energy efficiency and introduce energy-saving measures. Thus, the country is aligning with the EU Directive that obliges countries to save 0.8% of their yearly energy consumption by 2030.

A hundred efficient solutions to reverse global warming

Not only one book, but a hundred efficient solutions to stop the climate catastrophe. The New York Times bestseller edited by Paul Hawken, Drawdown, offers many ways to save our planet. And avoiding food waste is only one of them.

Flexibility will be a key word for gas markets in 2021

In spite of an expected gradual recovery in 2021, the COVID-19 crisis will have long-lasting impacts on natural gas markets. Market players have to adjust their strategies to a highly volatile environment and the repercussions of the pandemic could trigger fundamental changes.

Poland’s chance to become the leading regional player on offshore wind

Poland has adopted the Offshore Wind Act. A historic day for a country that as of today has no offshore wind capacity installed. The first wind farms will appear in 2024 and in 20 years from 8 to 11 GW of offshore wind power capacity will be installed.