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MOU between Global CCS Institute and China
Date:26 Apr 2012
The Institute’s Dr Steve Whittaker, Principal Manager – Storage addresses delegates at the two-day course.
The Institute and the Department of Climate Change, National Development and Reform Commission (DCC-NDRC) last month signed a Memorandum of Understanding (MOU) regarding cooperation on CCS.
The key areas of cooperation identified under the MOU include:
- the promotion of technical and non-technical cooperation;
- encouraging further research, development and demonstration projects;
- developing industrial and academic networks; and
- promoting greater cooperation on CCS both within China, and internationally.
“The potential for deploying CCS in China is considerable given China’s large fossil energy use, significant coal reserves and coal-based industries” said Brad Page, CEO of the Institute.
“Today’s MOU signing signifies a concrete step in fostering closer cooperation between the DCC-NDRC and the Global CCS Institute, and provides the framework for the delivery of future key joint initiatives,” he said.
A two-day course on CO2 Storage and Enhanced Oil Recovery was held in conjunction with the MOU Signing Ceremony, marking the first joint initiative under the MOU. The course attracted great interest from a range of stakeholders, including some of the most prominent state-owned power generators and oil and gas companies in China.
“China attaches great importance to addressing the climate challenge and CCS can be an important tool for controlling and reducing carbon emissions. China attaches great importance to the demonstration and deployment of CCS technologies,” said Su Wei, Director General of DCC-NDRC.
“CCS still faces some challenges including the high cost and energy penalty and while costs are likely to come down as we improve our understanding and optimisation of the technology, the utilisation of CO2 for EOR and other industrial purposes will be important to our development pathway.”
“The Global CCS Institute is a valued partner of DCC-NDRC and we look forward to strengthening our engagement with the Institute and building on the great work already being done,” Su added.
Click here to view the full media release.