Development of CCS policy and solutions in Asia
Development of at-scale carbon capture and storage (CCS) solutions will be critical to achieving global net zero aspirations. It will be particularly important for Asia, where ongoing and long-term economic growth is driving strongly increasing energy demand. ANGEA is working with governments, think tanks, NGOs and industry, to ensure policy settings support investment in CCS across Asia Pacific. We have a strong focus on the development of policies that enable cross-border CCS, where CO2 is captured in one country and then transported to another for storage.
Our Accelerating Cross-Border CCS in Asia Pacific study produced a first-of-its-kind framework that governments and other stakeholders can use in negotiating the agreements that will underpin cross-boundary CO2 transactions.
CCS is a multi-faceted technology for Asia. In addition to supporting decarbonisation of power generation and essential and hard-to-abate industrial processes, it will open up new economic opportunities and drive growth of hydrogen and ammonia as clean burning fuels.
Decarbonising the LNG supply chain
ANGEA’s member companies are spearheading global efforts to reduce emissions along the LNG supply chain, through production, transport and then combustion. This includes identifying and mitigating fugitive methane emissions. ANGEA is a member of the ASEAN Centre for Energy Methane Leadership Program, sharing industry expertise and learnings with regional producers and national oil companies in SEA.
ANGEA and its members work with LNG-importing nations in Asia to identify and implement technologies and techniques that will realise decarbonisation opportunities. This ensures LNG has a real and positive impact in their attempts to reduce emissions and achieve Nationally Determined Contributions.