The IEA has made available for the first time its CCUS projects database. The number of countries with plans to develop CCUS now stands at 45, with seven more countries - in central and southern Europe, the Middle East, and Southeast Asia – joining the list in 2022. The database covers CO2 capture, transport, storage, and utilisation projects worldwide commissioned since the 1970s, and have an announced capacity of more than 100,000 tonnes/year … [Read more...]
Event summary: Electricity Market Design – how can reforms accelerate the Transition and help cut energy prices?
Here is our written summary of our online panel discussion held last week on the EC’s Electricity Market Design reform proposal. Catharina Sikow-Magny, Director, DG ENER presented the main elements of the proposal, and answered questions from the panellists: Wanda Buk, VP for Regulatory Affairs, PGE Polska Grupa Energetyczna; Leonardo Meeus, Director, Florence School of Regulation; Jérôme Le Page, Chair of Electricity Committee, Federation of … [Read more...]
Should U.S. DOE risk funding methane-based Hydrogen production when CCS is still not proven?
The U.S. Department of Energy (DOE) is allocating $8bn for building regional clean hydrogen hubs. Decisions on who to fund are being made now and will be completed by the end of this year. Any methane-based hydrogen project that achieves a 95% carbon capture rate will be sufficiently “clean” to qualify for the federal funding. But, as Suzanne Mattei, David Schlissel and Dennis Wamsted at IEEFA explain, the few “at scale” CCS projects now running … [Read more...]
How to create four major regional Gas hubs in Russia
Kamil Sobczak at the Russian Gas Society has co-authored a report, “Opportunities and prospects for the development of gas hubs in Russia”, which he summarises here. It scopes out what is needed to create four major gas hubs in the Far East, North West, Central and Southern Russia. The plan will help develop and modernise Russia’s gas sector as well as increase exports. Transparency in prices and transaction volumes will be essential to create … [Read more...]