Carbon Capture, Utilization, and Storage (CCUS) A Proposed Initiative of the Clean Energy Ministerial

tons per year) • Share knowledge and best-practice PROJECTS UNDER DEVELOPMENT • The full chain CCS project: “Longship” (start 2025) Deployment policies and programmes in place • Capture at a cement plant (Norcem), a waste • CO2 tax and the European Trading Scheme incineration plant (Celsio) and Yara in the NL • Ratified the amendment to the London Protocol and deposited a • The Northern Lights (tr. [...] the CCS Project in Jubail with 9 MTPA by 2027 as one of the largest CCS hub in the region Priorities going forward: • In 2015, Saudi Aramco launched the Kingdom’s first carbon • Carbon Management is one of the focus areas in the Circular Carbon Economy capture and sequestration (CCS) project and CO2 Enhanced Oil national program and its key objectives are to review initiatives implementation, Reco. [...] • 2023: Launch the Updating the National Energy Strategy 2050 in partnership with Khalifa University (KU) and the International Renewable Energy Agency (IRENA) • 2023: Launch the National Hydrogen Strategy which will include the CCUS/CCS hubs POTENTIAL FUTURE PROJECTS • 2023 Hydrogen Regulatory framework ( on going) • ADNOC expansion of CCUS initiatives Deployment policies and programmes in place. [...] ton CO2 /y by 2025 Finland The new Government programme (June 2023) highlights the role of BECCS • “Finland aims to promote the capture of all carbon dioxide and make it easier to recognise the capture and use of wood-based carbon dioxide Radical CCU innovations in EU climate policy.” • Finland currently hosts an active business cluster and investment portfolio of carbon capture and utilisation pr. [...] dioxide in industry and energy production and its conversion into long- • Examples lived high value added products and synthetic fuels.” • A Finnish start-up is constructing a plant to produce • “The Government will set a target for the use of technological sinks to proteins out of thin air thus utilising CO2 in the air a significant extent already during the 2020s.” • Another start-up is developi.