General – CCS
JERA and INPEX recently signed an agreement to carry out a preliminary joint study concerning the feasibility of separating and capturing CO2 emitted by JERA in Japan and transporting it to Australia for storage.
In working to achieve carbon neutrality, carbon capture and storage (CCS) techniques that store CO2 underground are indispensable for industries in which it is difficult to reduce CO2 emissions.
With many governments providing active support, CCS projects are being planned in the Asia-Pacific region and around the world.
Australia is bolstering its efforts to reduce CO2 emissions and moving forward to foster a business environment that encourages CCS projects that take advantage of its abundance of sites suitable for underground CO2 storage and facilitates the receipt of CO2 from outside the country.
Under the agreement, JERA and INPEX will jointly examine project feasibility across the entire value chain, from the separation and capture of CO2 emitted by JERA in Japan to its transportation between the two countries – including transport methods and shipping/receiving conditions – and its underground storage in Australia.
