Abstract

The Commonwealth Science and Industrial Research Organisation (CSIRO), Northern Territory Government, and Industry are working collaboratively on developing the business case for a carbon capture, utilisation and storage (CCUS) hub based on the Middle Arm of Darwin Harbour. This business case is following the development vision developed by government and industry which incorporates, Northern Territory industrial development goals and those of the gas companies to chart a course for rapid decarbonisation of the energy and industrial sectors of the Northern Territory. The business case is focussed on three key elements; Part 1 – macro-economics, emissions, markets and best practice CCUS hub examples; Part 2 – CCUS hub technical definition and technical risk reduction studies; and Part 3 – Hub economic models and execution plans. These activities aim to understand the viability of the development of a 25 million ton CO2 storage and utilisation hub by 2040. Work on the business case is well underway and this paper will provide a progress update, with particular focus on the activities associated with part 1 of the business case.

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