Victorian CarbonNet
Brief description:
-
Victorian CarbonNet
-
Read more
-
Capture Method: Post-combustion Pre-combustionCapture Technology:Capital cost: Financial support:finsup--> Volume:4-10 million tonnes
- -38.500415 142.760581
Comments
This project is being led by Victoria’s state government. No stakeholders have yet been identified.
Facts:
To create a transport and storage hub for capturing CO2 emissions from large-scale emitters in the Latrobe Valley
The state of Victoria is planning a transport-and-storage hub for capturing CO2 emissions from industries in the Latrobe Valley, including coal-fired power stations. In February 2012, the Australian government’s CCS Flagships Program awarded Victorian CarbonNet $70 million, and the Victorian state government pledged $30m, towards feasibility studies.
The project aims to capture between 4 and 10 million tonnes per annum of CO2, which would then be transported, via an infrastructure open to multiple industry users, to suitable on and offshore geological storage sites. This shared network would be developed in stages over a ten-year period or longer.
Trials have already shown that Victoria has good potential for sequestration, in particular at Nirranda in the south-west of the state, where 60,000 tonnes of CO2 have already been stored. Victoria CarbonNet has emerged from Victoria’s $110 million Energy Technology Innovation Strategy (ETIS).
Latrobe Valley already hosts a CCS research hub – led by CO2CRC – which is exploring commercially-viable methods for reducing CO2 emissions at brown coal-fired power plants. Seven linked research projects have secured funding from ETIS.
In November 2011, Australia's national research agency CSIRO published a literature review as part of the management of basin resources, and of direct relevance to the Collie Hub, CarbonNet and Wandoan CCS projects. This review contains information on identified resources, geological assessments and an analysis of data still required by the three key projects.
Financing
The Victorian CarbonNet has been shortlisted by Australia’s CCS Flagships Program as one of four projects to share $120 million to fund pre-feasibility studies. In January 2012, the project was awarded funding of A$240,000 by the Global CCS Institure towards conducting a measuring, monitoring, and verification study of stored emissions (see ZERO article link below).
Timing
Start up is planned for between 2015 and 2019. Work is currently focusing on assessing CO2 storage reservoirs and community liaison.
More information and press releases
Victoria State press release 8 December 2009
Information on national CCS Flagship Program
Victoria Premier press release on ETIS funding, 20 January 2010
Victoria State press release re ETIS funding status, 24 August 2010
Contact
Contact CCS Flagship Program by emailing CCSFlagships@ret.gov.au, or call Victorian State Government on 0061-3 9603 8806

