CO2 Transportation & Storage: Carbon Collectors
CO2 storage in depleted offshore oil and gas reservoirs is an essential part of the technologies required to drastically reduce greenhouse gas emissions in the short term. The latest UN climate report concludes that unless we make global demand for energy drop below today’s levels (despite an increase in the world’s population by 2 billion people by 2050) the maximum 1.5-degree warming target can only be achieved if we implement CO2 storage on a global scale.
Only a handful of CO2 storage projects have been realized to date, leaving most of the available global storage capacity unused while CO2 emissions to the atmosphere have continued mostly unabated. At the same time significant numbers of suitable CO2 storage locations are being permanently closed off through decommissioning. The urgency of reducing emissions to the atmosphere, combined with the limited time window for storage in empty oil and gas fields make it clear that action is needed now.
By shipping CO2 from its source directly to the offshore sink we simplify the logistics of CO2 transportation, making it modular and scalable so we can kickstart the process of storing CO2, utilizing more of the available storage capacity in empty oil and gas fields at sea. As such we do not stand in the way of industrial innovation to reduce CO2 emissions; we offer the possibility to immediately reduce emissions while the transition to more sustainable production methods is developed.
On April 29th, we launched our CO2 collection and storage solution as a new company “Carbon Collectors“, see Press release Carbon Collectors launch. According to plan, the first ship could sail in 2023. Shipyard Royal Niestern Sander and the shipping company Royal Wagenborg are closely involved in the development of this concept by providing Carbon Collectors with substantive input regarding design and possible exploitation of the vessel combinations. Furthermore, the Swiss company Imodco (offshore technology), Eindhoven-based Petrogas (gas systems) and the French Bureau Veritas (certification) each play a role in the Carbon Collectors consortium.
“Supported by the Dutch Ministry of Economic Affairs and Climate”
“Uitgevoerd met Topsector Energiesubsidie van het Ministerie van Economische Zaken en Klimaat”