The International Energy Agency (IEA) defines Carbon Capture, Utilization and Storage (CCUS) as a group of technologies for capturing of CO2 from large and stationary CO2 emitting sources, such as fossil fuel based power plants and other industries.
CCUS’ Role in Decarbonisation
CCUS can contribute to decarbonization and transition to clean energy systems in following ways:
Challenges
Carbon Capture Costs
Carbon Storage
Financing CCUS Projects
Government Initiatives
To promote CCUS technologies in India, government of India has recently established two National Centres of Excellence in Carbon Capture and Utilization with support from the Department of Science & Technology. These two Centres are: