MELBOURNE, Australia, Nov. 7, 2016 /PRNewswire/ -- The Global CCS Institute has welcomed the launch of the world's first commercial carbon capture facility on a steel production plant.
As the twenty second conference of the parties (COP 22) to the United Nations Framework Convention on Climate Change (UNFCCC) begins in Marrakech today, the Al Reyadah project in Abu Dhabi is a critical milestone in making industrial carbon capture and storage (CCS) a commercial reality as the world looks for new ways to drive significant reductions in CO2 emissions.
The Project, a joint venture between Abu Dhabi National Oil Company (ADNOC) and Masdar, the clean technology and renewable energy arm of the Abu Dhabi Government, will capture CO2 from Emirates Steel manufacturing, transfer it to the Al Reyadah plant for compression and dehydration, and transport it through a buried pipeline to ADNOC's NEB and Bab oilfields for enhanced oil recovery.
Global CCS Institute Chief Executive Officer, Brad Page, congratulated ADNOC and Masdar on the successful launch of Al Reyadah following four years of development.
"CCS is the only technology capable of achieving deep cuts in emissions from necessary industrial production processes such as iron and steel, cement, fertilisers, and natural gas processing so the opening of Al Reyadah is a major achievement in reducing emissions for this industry," Mr Page said.
"The project is another step towards meeting national as well as global climate targets, and further demonstrates CCS as a proven technology which can to reduce CO2 emissions at the lowest possible cost.
"This is a key project in the Institute's portfolio of large-scale CCS projects in operation or under construction which, by the end of 2017, is expected to have operational CO2 capture capacity of approximately 40 million tonnes each year."
The Al Reyadah project is expected to capture and store 800,000 tonnes of annual CO2 emissions and is the first iron and steel project of its kind in the world.
For media enquiries, contact:
Antonios Papaspiropoulos +61 401 944 478, Antonios.Papaspiropoulos@globalccsinstitute.com
Jake Lynn +1 202 895 2793, Jake.Lynn@globalccsinstitute.com
Jelena Susa +61 413 269 410, Jelena.Susa@globalccsinstitute.com
About the Global CCS Institute: The Global CCS Institute is an international membership organisation. Our mission is to accelerate the development, demonstration and deployment of carbon capture and storage (CCS), a vital technology to tackle climate change and provide energy security.
Working with and on behalf of our Members, we drive the adoption of CCS as quickly and cost effectively as possible by sharing expertise, building capacity and providing advice and support so that this this vital technology can play its part in reducing greenhouse gas emissions.
Our diverse international membership consists of governments, global corporations, small companies, research bodies and nongovernment organisations, committed to CCS as an integral part of a low-carbon future. We are headquartered in Melbourne, Australia with regional offices in Washington DC, Brussels, Beijing and Tokyo. For more information, visit www.globalccsinstitute.com
For more information on the Institute's activities at COP 22, visit http://cop22.globalccsinstitute.com/
SOURCE Global CCS Institute