EMERGING MARKETS
STOCKING THE CARBON STORES BY FELICITY LANDON
Breakbulk to Support Nascent Capture Projects
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ipelines, storage tanks, giant compressors, processing equipment, ship-handling facilities – all this and more will be needed for the development and operation of successful carbon capture and storage, or CCS, operations. It follows, then, that the specialists providing transport/shipping, handling, lifting and installation of such equipment will be in demand. There is work ahead for project cargo specialists. But, it has to be said, in many cases “ahead” means a little 24 BREAKBULK MAGAZINE www.breakbulk.com
bit beyond the near horizon. While new CCS projects are proliferating and some target start-up dates are relatively close, many projects are still in the study stage. Decisions on logistics requirements won’t be made until the technical and business model details are rather more firmed up. Driven by pressures and targets to achieve net-zero emissions, global CCS capacity grew 33 percent worldwide last year, according to the Global CCS Institute’s 2020 report. A total of 65 commercial CCS facilities are in
various stages of development globally. Twenty-six CCS facilities are in operation, capturing 40 million tonnes of CO2 per year. Many of these are related to CO2 use for enhancing oil recovery, said the institute. The CCS project in Norway’s Sleipner field, which lays claim to being the world’s first CCS facility, has been injecting 1 million tonnes of CO2 a year for more than a quarter of a century. To give an idea of the magnitude of work ahead, the Global CCS Institute wants to see CCS capacity ISSUE 4 / 2021
