Carbon capture and storage’s versatility enables both emissions mitigation and removal, making it a unique and important resource as a climate solution.
This episode of the TurboTime podcast dives into carbon capture and storage (CCS) with Spencer Schecht, the Senior Business Development Lead at the Global CCS Institute. We discuss how these facilities are at an all-time high, the role of carbon capture networks and hubs, and some of the challenges and hurdles it’s facing.
Schecht, author of our May/June cover story, said that CCS has ramped up to an all-time high— a 102% increase in scheduled deployments since 2022—due to supportive and enabling policy, as CCS is becoming a more prominent feature of public policy.
“At a high level, we need CCS and CO2 removal to meet our climate targets to achieve climate neutrality,” Schecht said. “So, while we require an all-of-the-above portfolio of climate technologies and solutions, it is the versatility of CCS—the fact that it enables both emissions mitigation and removal—that makes it such a unique and important resource in our climate toolkit. For example, CCS can be applied across emissions-intensive industries, including hard-to-abate sectors such as steel, cement, chemical production, and power production, to achieve decarbonization that is not otherwise technically nor economically possible. This enables the reduction of low-carbon hydrogen, and it can also be retrofitted on fossil-fuel power plants or incorporated in the design of new power plants providing baseload low-carbon dispatchable electricity. And when combined with bioenergy or direct air capture, with permanent geologic storage, CCS is an enabler of delivering negative emissions, and we need negative emissions to scale massively in the years ahead. This lays out a very clear picture that CCS and CO2 removal must scale up to gigatons, which is billions of tons per year, to achieve our climate targets.”
Check out the Global CCS Institute’s insights in Turbomachinery International’s May/June cover story.
This episode of the TurboTime podcast dives into carbon capture and storage (CCS) with Spencer Schecht, the Senior Business Development Lead at the Global CCS Institute.