J-Power and specialist CCS developers deepC Store and Azuli International have been awarded two carbon dioxide (CO2) Acreages in Australia.
They are located in waters around 200-250km off the Northwest coast. The partners, who have entered into a Joint Study Agreement, are targeting a commercial-scale sequestration opportunity with volumes from Japan and Australia, potentially storing up to 1 Gigatonne of CO2, as well as the surrounding region.
The trio will also assess a full value chain of liquefied CO2 at locations in Japan and Australia, transporting it by ship to floating storage and injection facilities in Australian waters.
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