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Hu Yongle

Hu Yongle

Research Institute of Petroleum Exploration and Development
China

Title: Challenges in global CCS projects and coping strategy

Biography

Biography: Hu Yongle

Abstract

The paper invastigets main sources of CO2 emission and distribution of CO2 emission in the world, and point out a relationship of temperature change trend between CO2 concentration and CO2 emission amount on the earth. The paper reviews the global typical CCS projects in the decade, including scales of CO2 capture and storage, projects efforts and lessons learned, Our research shows that CCUS project is a system engineering, By systematic study of CCS chain, Challenges of CCS are divided into two categories. The first is technology and operation of CCS, including CO2 capture, pipeline and transportation, storage, and monitoring of the above each link and CO2 comprehensive management system. The second is various environments of implementing CCS, including public awareness, standards/criteria, policy ready and regulations/laws of the government, and risk evaluation, finance mechanism. Final, the authors focus on CCS’ technology innovation, standards, regulations and policies to put forward strategies coping with the above challenges. it is emphasized that government needs to lauch incentive tax policies and relative regulations between government and enterprice, enterprise and enterprice, the government must be a leading role in CCS/CCUS projects because global climate change is an event of the public concern in the present and the future. Further, eliminating green house gas effect is the biggest event for human beings, it has become the urgent matter that building alliance, sharing practical CCS technology realizes win-win between nations in the world for dealing with climate change.

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