National Energy Resources Australia (NERA) and CO2CRC have joined forces on a new carbon capture, utilisation and storage (CCUS) study that will assist the nation’s energy sector to reduce its CO2 emissions.
Announced today, the study will be carried out in two phases. The first phase, led by Australian CCS research organisation CO2CRC in collaboration with Geosciences Australia and support by COAL21, will rank Australian oil and gas basins fort the potential use of CO2 Enhanced Oil Recovery (CO2-EOR).
The second phase of the project will provide insight to industry and government on potential opportunities for CO2-EOR at the field level in Australian onshore basins.
As part of the study, NERA and CO2CR will also evaluate and recommend a framework of policies, incentives of regulations that would help accelerates Australian adoptions of CO2-EOR for oil recovery and CO2 storage, while assuring safe and efficient application of the technology.
... to continue reading you must be subscribed
