The Importance of R&D in Advancing Energy Technologies
A Global CCS Institute/USEA Co-organized Briefing
Carbon capture has been practiced at the industrial scale for over 40 years, and it has the potential to be used more widely in the future if breakthrough technologies continue to be developed and commercialized. This briefing will provide some insight into the development pathway for two of these technologies – MTR’s membrane-based approach and ION Engineering’s advanced solvent-based technology. Their developers will discuss the current status of their efforts and opportunities available given continued support of the development process.
Most of the CO2 captured to date has been used to support enhanced oil recovery efforts and has come from high-concentration sources where separation of CO2 is an inherent part of an industrial process, such as natural gas processing or fertilizer production. Costs associated with separating CO2 from lower-concentration sources, such as power generation, are too high to prompt widespread deployment of currently-available technologies. However, research and development efforts supported by the U.S. Department of Energy are leading to the development of 2nd generation technologies with substantially reduced costs and energy requirements. Further development and commercialization of these advanced technologies represents a large potential global market opportunity.
The briefing can be viewed live by following this link: https://www.facebook.com/nexusmedialive