When it comes to carbon capture utilisation and storage (CCUS), Reliance Industries Limited (RIL), with its extensive energy and petrochemicals interests, has much to weigh up in terms of business efficiency and future sustainability.
Drilling down into CCUS’ potential, RIL is focusing more on utilisation than storage, exploring how it can reuse captured carbon for internal industrial processes.
Speaking at India Energy Week in Goa this week – in comments reported by S&P Global Commodity Insights – PMS Prasad, Executive Director, said, “I have biogenic CO2 and when I have green hydrogen that’s the easiest way to go to green chemicals such as methanol and ammonia. Capture the carbon and fix it into the chemicals, not store it. That’s our approach to CCS.”
Reliance’s energy transition strategy involved making renewable components from scratch, be it the glass used in solar modules or the carbon composite material in wind turbines and blades or the electrolyser, with the end goal of greater efficiency.
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