What we need to know to make Co2 Shipping for CCS a reality?

What we need to know to make Co2 Shipping for CCS  a reality?

Many experts working on the implementation of CCS across Europe believe that NPT, and ship transport in particular, is essential to enable CO2 transport at sufficient scale. There are many sites without the necessary access to pipelines or directly to geological storage sites.

In such instances, CO2 non-pipeline transport will need to become an integral part of the carbon management approach and policies that support it. Central to the question of enabling NPT of CO2 is the gap between the cost of emitting CO2 (which is relatively low) and the cost of implementing CCS (which is relatively high). Policies under development that could help close this gap include those related to the EU ETS system, the UK ETS and other emitter subsidies and infrastructure funding mechanisms.

The CCSA-ZEP report concludes that successful implementation of CCS to meet climate goals will rely on CO2 transport growing at a sufficient scale to match – at least at the same rate as – capture and storage capacity, and that CO2 shipping is a critical solution for industry emitters (hubs) without access to pipelines. The ZEP-CCSA report highlights the risk that this scale would be achieved too late.

CCS and Hydrogen