The world 域名不定更换_请及时收藏 faces the twin challenge of reducing greenhouse gas emissions while meeting growing energy demand. It is a tough circle to square.
Oil and gas cannot be easily replaced and will be integral to global energy security for decades to come. Technology such as carbon capture, therefore, has a vital role to play in helping the world achieve its climate targets.
Evidence is growing that carbon capture, in particular, will be critical — especially in addressing carbon dioxide emissions in hard-to-abate sectors.
The International Energy Agency estimates that 8 gigatonnes of carbon dioxide will need to be captured annually by 2050 to support a net-zero scenario — a significant jump from 半夜睡不着网站 slightly under 45 million tonnes per annum being captured today.
Carbon capture technology has been around for a while but the market has been slow to take off. Now that is changing and analysts forecast global capacity could reach anywhere from 250 million tonnes per annum to more than 550 million tonnes per annum by 2030.
Activity will likely be driven by the North American and European markets, thanks to regulations such as the US Infrastructure Investment and Jobs Act, and the Inflation Reduction Act, which provide financial support for Carbon Capture and Storage (CCS) and related activities.
Likewise, Canada has introduced a $2.6 billion CCS tax 蜜芽忘忧草WEGAME网站 credit initiative md传媒官方网站入口免费 while Europe has funding programmes in place to support CCS expansion.
Global CCS projects have already grown by 44 per cent over the past year, according to data published in October by the Global CCS Institute. But even this progress isn’t fast enough.
To achieve net-zero emissions by 2050, it has been suggested that carbon capture capacity needs to increase 190-fold. And the Energy Transitions Commission believes investment of more than $100 billion a year is needed by 2030 to build the capacity required to meet 2050 climate targets, up from about $3 billion in 2020.
Why Arabian Gulf exporters are well-positio ned to lead on carbon-negative oilCan carbon-capture plants achieve global net-zero emissions?Such vast numbers illustrate why the world needs to move more quickly in embracing this critical technology of the energy transition.
At Aramco, our Hawiyah NGL Plant has been capturing carbon dioxide emissions since 2015 for use in enhanced oil recovery.
Now, through a joint venture with Linde and SLB — and in partnership with the Ministry of Energy — we intend to create one of the world’s largest centres to capture carbon dioxide emissions from Aramco plants and others.
The first phase of the CCS Hub has a target capacity of 9 million metric tonnes of carbon dioxide annually by 2027, and we plan to expand this even further in future, supporting Aramco’s ambition to achieve net-zero Scope 1 and Scope 2 greenhouse gas emissions across its wholly owned and operated assets by 2050.
Meanwhile, the creation of a growing number of carbon markets around the world is also helping to make projects more viable, including a regional voluntary carbon market in Saudi Arabia.
In Europe, Dutch bank ING says the business case for carbon capture and storage becomes feasible at prices above 80 ($85) per tonne of carbon dioxide — with analysts expecting the average price in Europe to exceed 92 a tonne in 2024.
Carbon capture also has the potential to transform the energy value chain. It could possibly provide an important chemical feedstock — carbon dioxide — at a time of rising global demand. And it enables the production of ‘blue’ hydrogen from natural gas, while stripping out the carbon dioxide.
这种蓝色氢可以以蓝色氨的形式运输——沙特阿美在2020年首次证明了这一点，从沙特阿拉伯到日本的运输量为40吨。
到2050年，低碳氢可能会贡献超过五分之一的年减排量，机会是显而易见的。除了我们新宣布的CCS Hub，沙特阿美还在探索在成本和规模方面具有竞争力地生产低碳氢和氨的方案，以用于一系列运输和重工业应用。
随着CCS技术的发展，氢气制造成本的下降，通过重新想象二氧化碳分子在我们世界中的作用，这是一个重塑全球能源和化学品市场的独特机会。
Ahmad A. Al Sa'adi是沙特阿美公司技术服务高级副总裁
