Global CCS Institute applauds Shell Quest carbon capture and storage project milestone
15 September 2016: The Global CCS Institute applauds the significant one-year milestone achieved at Shell’s Quest carbon capture and storage (CCS) project, capturing and storing one million tonnes of carbon dioxide (CO2) ahead of schedule.
Global CCS Institute Chief Executive Officer, Brad Page, congratulated Shell and its partners on the milestone achievement at Quest in Alberta, Canada, for leading in global best practice and willingness to share data and knowledge acquired in the process of creating the project.
“The success at the Quest Project further demonstrates CCS as a proven technology which is significantly reducing CO2 emissions, and playing a critical role in addressing emissions targets for mitigating global warming at the lowest cost,” Mr Page said.
“The knowledge and experience gained through the Quest Project is contributing to significant reductions in the cost of CCS. Shell reports that the cost of developing the Quest project today would be reduced by 20 to 30 per cent.”
“Shell and the Canadian government should also be congratulated for sharing what they have learned from the Quest Project as this will contribute to further cost reductions in future CCS projects,” Mr Page concluded.
Quest is the first CCS project to have been applied to oil sands operations, and was made possible through strong collaboration between Shell, joint venture owners and the governments of Alberta and Canada.
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Jeff Bobeck, +1 202 309 3646, Jeffrey.Bobeck@globalccsinstitute.com
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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