ITALY: The industry will require a combination of carbon capture, utilisation and storage (CCUS) technology to effectively reduce emissions.
In stressing this, Energy and Environmental Sustainability Deputy Minister Datuk Dr Hazland Abg Hipni said the application of carbon capture technology still involves further research despite its long history and relative maturity.
“The emitters will need a mix of CCUS technologies to meet point source emissions reduction needs as well as climate goals over the next decade be it in the United States, China, Europe or Asia,” he said.
He said this in a statement issued following his visit to Florence, Italy to attend the Baker Hughes Energy Conference and Annual Meeting recently.
During the conference, Baker Hughes briefed participants on their CCUS programmes where the oil field services companies introduced solutions for digital monitoring of the storage space.
Dr Hazland said CCUS is needed to address nearly 25 percent of point source industrial emissions that cannot be avoided by moving to alternative fuels.
“This is because emissions come from fossil-fuel intensive industrial processes using natural gas or oil,” he said, adding that Baker Hughes needs to continue investing in promising technologies such as Direct Air Capture and Net Power.
The deputy minister said according to the International Energy Agency (IEA), 75 percent of CO2 emissions reduction will come from technologies that are yet to be commercially deployed, either in the prototype or demonstration phase.
“Sarawak is poised to attract more investors and this industry will make Sarawak a major player of the CCUS industry due to its safe location outside the Ring of Fire as well as having huge storage space in the depleted oil wells and saline aquifers,” he said.
He added that the Ministry will be engaging international industry players to discuss on rules and regulations pertaining to transportation, injection and storage space monitoring.
