The total package, amounting to A$2.3 million, aims to help speed up the development of CCS technologies for commercial-scale use as part of the country’s moves to tackle climate change.
- Research agency CSIRO is set to benefit from a $1.84 million grant towards studying the potential impact of capture technology on air quality.
- The CarbonNet project, a planned CO2 transport-and-storage hub for Latrobe Valley, Victoria, will be funded A$240,000 to conduct a measuring, monitoring, and verification study of stored emissions.
- WorleyParsons will receive A$226,000 to analyse the impact of post-combustion capture on an existing coal-fired power plant, Loy Yang A, also in Latrobe Valley.
Holger Bietz, GCCSI’s general manager for projects, financial and commercial, said: “Our announcement today of funding to CCS demonstration projects and research points to the pressing demand to accelerate deployment of this important technology in Australia,” he said. “It also helps to cement Australia’s position as a global leader in pursuing CCS as a climate mitigation tool.”
He added: “The work with CSIRO in particular will draw international attention, given that it will develop a methodology to allow regulators to safely approve capture projects in Australia and any jurisdiction around the world.”
As of last Friday, the GCCSI has provided a total of A$37 million towards CCS projects worldwide, with about 16% of that figure going to Australian projects or activities.
Read GCCSI’s press release here.
