Carbon Capture and Storage (CCS) refers to the capture, transport, and storage of carbon dioxide (CO2)– a greenhouse gas that contributes to global warming and climate change.
CCS involves three main steps: capture, transport, and storage. Capturing CO2 at different stages can be done through industrial activity, such as steel and cement production, or from the burning of fossil fuels in power generation. The CO2 is then transported from where it is captured, via ship or a pipeline, and injected into subsurface rock formations for permanent storage. This is a good example of how insights from oil and gas companies can be used for sustainability purposes. Data and insight from wells and reservoirs are now reversed to decide where and how to inject and store CO2.
One of the key goals of the Paris Agreement is to reduce the amount of CO2in the atmosphere - CCS is an essential climate mitigation technology to reduce greenhouse gas emissions and its impact on climate.
What could be the potential benefits of CCS?
Reducing greenhouse gas emissions: The primary benefit of CCS is to reduce CO2 in the atmosphere, which is the primary contributor to temperature changes.
Creating new industries and jobs: The development of CCS technology can create new industries and jobs related to the design, construction, and operation of CCS facilities and associated infrastructure.
Enhancing competitiveness: CCS can enhance the competitiveness of energy-intensive industries by helping them meet emissions reduction targets and comply with environmental regulations.
Providing a bridge to a low-carbon future: CCS can provide a bridge to a low-carbon future by enabling the transition from fossil fuels to renewable energy sources, while ensuring a reliable and affordable energy supply during the transition.
Cegal and CCS
Cegal focuses on reducing its carbon footprint and has set a strategy to do so. By 2024, the aim is to be carbon neutral in targeted areas, including products and components, logistics, travel and own sites and operations.
Recently, Cegal entered a partnership with the Norwegian Geotechnical Institute (NGI) to develop innovative technology for CCS. The goal is to create solutions that contribute to a future with net zero emissions of greenhouse gases. The partnership combines NGI's geomechanical research with Cegal's expertise in geology and software development for the energy industry.