Global CCS Institute

📣 Out Now: Read the Institute’s Global Status of CCS 2024 report. 💡 The report shows remarkable progress for CCS over the last year, revealing: 📈 There are 628 projects in various stages of development and operation globally, illustrating an increase of 236 projects compared to the previous year 🏗 The cumulative CO2 capture capacity for projects in the CCS pipeline is now 416 Mtpa, representing a 32% Compound Annual Growth Rate since 2017. 🔎 The case for CCS globally is further being bolstered by strengthening policy, new carbon management business models and strong interest in CCS hubs and networks 🌏 As countries around the world prioritise achieving net-zero, collaboration is key to overcoming the challenges we face in global decarbonisation. Let’s work together to accelerate the deployment of CCS. Read the full report ⬇ https://lnkd.in/e7eYZap

We'll be gathering our members and invited guests in Houston next week for our 2024 Americas Finance and Members Meetings. Looking forward to two-days of #carbonmanagement programming including conversations about: ▶️ Financing strategies for scaling CCS ▶️ Integrating CCS in power generation ▶️ Regulatory updates ▶️ Opportunities for global collaboration ▶️ Insights on U.S. and Canadian policies ▶️ The 45Q tax credit ▶️ Partnerships driving CCS forward 📅 Dates: Finance Meeting: Wednesday, November 6th Members Meeting: Thursday, November 7th 🟦 Speakers and panelists from: Calpine, HETI, Wood, Entergy, EPRI, Google, Kiewit, Alaska Department Of Natural Resources, Louisiana Department of Energy and Natural Resources, West Virginia Geological & Economic Survey, Bureau of Ocean Energy Management, CO280, SLB, SLB Capturi, Carbon TerraVault, JERA Americas, Petrobras, and more. 🍽️ Breakfast on November 7th kindly sponsored by Department for Energy Security and Net Zero. And our thanks to Kiewit for sponsoring the evening's reception. 🔗All members should have received a registration link for the meetings and other details from their member representative, but if you didn't or if you have any other queries please contact:  ian.corbet@globalccsinstitute.com #CCS #EnergyTransition #CarbonCapture

🚨 Exciting news! The European Commission has selected 85 innovative net-zero projects under the 2023 Innovation Fund (IF), awarding €4.8 billion. This is the IF’s largest granting pot since its launch. 🌍💡 📍 The projects selected are spread across 18 countries, and are set to significantly reduce CO₂ emissions by tackling an estimated 476 Mt of CO₂ equivalent emissions over the first 10 years. 🏆 Out of the 85 successful innovative net-zero projects, 16 were selected in the field of industrial carbon management, ranging from cement and lime, (bio)-refineries, chemicals, and waste-to-energy. ⏳ The next call for proposals under the innovation fund is expected to launch in early December 2024. #NetZero #InnovationFund #ClimateAction #EU 👉 Read more here: https://lnkd.in/eysAagDC

📊 The Global Status of CCS Report 2024 launch event recordings are now available for the Americas, Europe, Middle East, and APAC regions.      🎥 You can watch the launch recordings and see the presentation decks here: https://lnkd.in/gf2Zex_a       💡 The report shows remarkable progress for CCS over the last year, revealing: 📈 There are 628 projects in various stages of development and operation globally, illustrating an increase of 236 projects compared to the previous year. 🏗 The cumulative CO2 capture capacity for projects in the CCS pipeline is now 416 Mtpa, representing a 32% Compound Annual Growth Rate since 2017. 🔎 The case for CCS globally is being bolstered by strengthening policy, new carbon management business models, and strong interest in CCS hubs and networks.    🌏 As countries around the world prioritise achieving net-zero, collaboration is key to overcoming the challenges we face in global decarbonisation. Let’s work together to accelerate the deployment of CCS.  ⏬ To download the Global Status of CCS Report 2024, click here: https://lnkd.in/e7eYZap   #GlobalStatus2024 #CCS #netzero #collaboration

📢 Out Now: Interested in learning more about CCS potential in Egypt? Read the latest publication released by OGCI (Oil and Gas Climate Initiative), written in collaboration with the Global CCS Institute. 🔎 The report, titled "Assessment of CCS Hubs in Northern Egypt", provides a brief snapshot of CCS relevant policies in the country while highlighting opportunities that may enable CCS hubs to flourish. More ⬇

Don't miss our CEO Jarad Daniels on the main stage of the 17th Greenhouse Gas Control Technology Conference (#GHGT17) hosted by IEAGHG and Emissions Reduction Alberta (ERA) at the Calgary TELUS Convention Centre. 1️⃣ GHGT-17 Opening and Welcome 🗓 When: Monday, Oct 21, 9:00 AM - 10:50 AM Jarad Daniels will give keynote remarks during the opening plenary session, providing insights on the current state of #carbonmanagement worldwide, including updates from our recently released 2024 Global Status Report. 2️⃣ Commercial and Business Risks: Proven Strategies for Success 🗓 When: Tuesday, Oct 22, 11:20 AM - 1:00 PM Jarad Daniels will moderate two back-to-back fireside chats, exploring the complexities of #CCS projects with industry experts as they discuss societal considerations and business risks, alongside proven strategies for success. [Sheena Fitzpatrick, M.A. , Kajsa Hendrickson, Simone H. Stewart, Ph.D., Franz Hiebert, Ph.D., P.G. (TX), Brent Lewis, J.R. Rickertsen]

📢 On 15 October, the German Federal Ministry for Economic Affairs and Climate Protection (BMWK) announced up to EUR 2.8 billion in funding to support 15 national companies in their decarbonisation efforts. 🌍💶 The funding was granted under the first round of the climate protection contracts, designed to boost new technologies and build infrastructure to support carbon neutrality by 2045. The subsidy, which is set to be paid out over a 15-year contract period, will help industries like glass, ceramics, paper, pulp, and chemicals to cover the extra costs of transitioning to greener processes, targeting a reduction of 17 Mt of emissions 💡♻️ Preparations for a second funding round, including CCS projects, are already underway! 🔋💼 #Decarbonisation #ClimateAction #Sustainability #NetZero Read more here 👇 https://lnkd.in/e64QJNvK

🌟 Exciting News! 🌟 We are pleased to share that Andrew Novotny, CEO of Calpine, will be joining us as the keynote speaker at our 2024 Americas Member Meeting in Houston in a few weeks! Calpine is a leader in the energy sector and is dedicated to advancing carbon capture and storage technologies, as exemplified by their recent cost-sharing agreements with the US Department of Energy for the Baytown and Sutter Decarbonization Projects. This meeting presents an invaluable opportunity for stakeholders in the carbon management community to engage with Andrew and learn more about how one of America's largest integrated competitive power companies is advancing CCS. Members and invited guests can register now! 🗓 Date: Thursday, November 7, 2024 📍 Location: Houston, Texas 🔗 More details here: https://lnkd.in/eQ25SG_E Note: All members should have received a registration link for both the Americas Finance Meeting (Nov 6) and the Americas Member Meeting (Nov 7) from their member representative, but if you didn't or if you have any other queries please contact:  ian.corbet@globalccsinstitute.com

🔜 Join us for the launch of the Global Status of CCS 2024 report in the APAC region! 🗝 Released annually, the flagship report highlights key CCS milestones achieved globally over the last year. The online launch event will unpack: ✅ Exciting new CCS policy developments and initiatives that are supporting CCS projects ✅ Opportunities and challenges as it relates to community engagement, infrastructure development, and regulatory frameworks ✅ A snapshot of CCS projects in various stages of development across APAC, MEA, Europe and the Americas and more! Registration is now open ⬇ 📅 APAC Launch Date: October 16th, 2024 Time: 11:00 MYT / 12:00 JST / 14:00 AEDT Register here: https://lnkd.in/eX-3r4rr 👍 We look forward to seeing you there! #CarbonCapture #CCS #ClimateAction #NetZero #Sustainability #GlobalStatus2024

🔜 It's almost time! Join us tomorrow for the launch of the Global Status of CCS 2024 report. 🗝 Released annually, the flagship report highlights key CCS milestones achieved globally over the last year. The online launch event will unpack: ✅ Exciting new CCS policy developments and initiatives that are supporting CCS projects ✅ Opportunities and challenges as it relates to community engagement, infrastructure development, and regulatory frameworks ✅ A snapshot of CCS projects in various stages of development across APAC, MEA, Europe and the Americas and more! Registration is now open ⬇ 📅 Americas, Europe, Middle East Launch Date: October 15th, 2024 Time: 9:00 AM ET / 14:00 BST / 17:00 GST Register here: https://lnkd.in/eCPxvf6H 📅 APAC Launch Date: October 16th, 2024 Time: 11:00 MYT / 12:00 JST / 14:00 AEDT Register here: https://lnkd.in/eX-3r4rr 👍 We look forward to seeing you there! #CarbonCapture #CCS #ClimateAction #NetZero #Sustainability #GlobalStatus2024