Research of present status and development suggestions regarding the carbon capture, utilization and storage

Abstract

The carbon capture, utilization and storage (hereinafter referred to as “CCUS”) technology has already been widely regarded as an available method of great potential for carbon dioxide emission reduction. As predicted, the emission reduction contribution will rise from 3% of the total emission reduction amount in 2020 to 10% in 2030, and to about 20% in 2050, which becomes the individual technology of the greatest contribution to the carbon dioxide emission reduction. This paper illustrates the main links of CCUS technology: the carbon capture process, carbon transport, carbon utilization and carbon storage. This paper introduces the storage methods of carbon dioxide, the geological storage and marine storage. In addition, this paper also analyzes the main storage practices both at home and abroad, the major overseas storage projects and the present status and progress of China’s storage. In addition, this paper also discusses the main challenges encountered by China’s CCUS development, and proposes the ideas and policy suggestions that promote China’s CCUS development.