CCUS and The Path to Net Zero
Bureau Veritas’ white paper, entitled “CCUS and The Path to Net Zero” is now available for download. It outlines how Bureau Veritas serves to value chain from upstream, midstream to downstream and highlights the certifications that help projects comply with worldwide CCS legislation.
When engineers began to use capture technology to separate out the carbon dioxide (CO2) found in natural gas reservoirs in the 1920s, they could not have imagined the role their breakthrough would play in the energy transition a whole century later. As 2030 targets for net zero draw closer, the number of projects involving carbon capture, utilization and storage (CCUS) is growing rapidly.
According to the International Energy Agency's Net Zero by 2050 plan, CCUS will be the most impactful technology for emissions reductions, and will be responsible for 55% of reductions by 2050. While coal is estimated to still account for 22% of energy use in 2050, 90% of coal energy will be likely be deployed alongside CCUS1.
CCUS is an essential part of the world’s efforts to reduce emissions and reach net zero. It offers a way to offset carbon emissions that are difficult to abate. The cement, iron and steel, and chemical sectors are traditionally among the hardest to decarbonize due to the nature of their processes and heat requirements. CO2 is a natural byproduct of many of their production processes. This will make these industries key adopters of CCUS techniques.
Bureau Veritas' solutions for CCUS form part of a wider offer to help conventional energy companies transition to greener energy sources and methods. From inspecting carbon sequestration equipment to classing liquified CO2 carriers for marine transport, Bureau Veritas provides comprehensive support for operators working in this rapidly evolving application. As CCUS gathers momentum and garners more support from investors and operators, Bureau Veritas stand ready to certify, inspect and advise clients, with an eye to durability, efficiency and safety.
Bureau Veritas' various certifications help your projects comply with worldwide CCS legislation. There are number of options to suit your needs. Our verification solutions follow the ISO/Technical Report 27918:2018 standard for lifecycle risk management for integrated CCS projects.
Bureau Veritas' Green Line Services and Solutions includes specific solutions to help companies reduce their emissions and identify new areas for emissions reduction. When employed together with CCUS, these services are enable more effective emissions abatement.