Carbon capture, utilisation and storage is evolving rapidly from a niche market to a mainstream investment theme. To explore the technology, financing and science behind this key piece of the energy transition puzzle, industry leaders and analysts met in Houston for Wood Mackenzie’s CCUS Conference.
The Interchange Recharged was there, capturing the best conversations and debate from a packed day of discussion. Across two full episodes, David Banmiller brings you the thoughts and insights from industry experts, as they examine the potential for CCUS to solve some of our biggest challenges in decarbonizing. Will it be the key to decarbonising hard-to-abate sectors? How much more development does the technology need? And where does the carbon actually go once it’s captured or sequestered?
David kicks things off with the opening remarks from WoodMac’s head of CCUS research: Mhairidh Evans. She explores the current state of the market and highlights some of the existing CCUS infrastructure and projects around the world that are leading the way.
George Bilicic, Vice Chairman of Investment Banking, Global Head of Power, Energy & Infrastructure at Lazard is joined by Ed Crooks, Vice-Chair Americas at Wood Mackenzie, as they look at the regulatory environment for CCUS activities, and the complex route of finalising financial decisions (FID) for projects.
Tim Duncan from Talos Energy, and Chris Powers from Chevron New Energies are next to join David in the podcast studio, fresh from a panel discussion on stage in which they looked at the opportunities for corporates in the CCUS space. What are the challenges for operators? What are the key needs to scale a CCUS business?
There’s an interesting link between green hydrogen and CCUS; this partnership is explored in depth by David’s next guest Mercy Renteria, National Business Development Manager of Hydrogen and CCS at Endress+Hauser. Mercy’s background in oil and gas, and transition to green technology operation, is indicative of the wider shift across the industry. She stresses the need for collaboration in reaching net zero: as David says often on the show, the energy transition will need a multitude of technologies, working in tandem.
Don’t forget to subscribe to the show and check out part two of our special live broadcast from the conference in Houston. It includes insight from Exxon Mobil, Wood Mackenzie, Emerson and Compact Membrane Systems.
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