With more importance being given to low carbon emissions and working towards climate change policies even in the Budget 2022 presentation, IIT Bombay’s centre shall prove itself useful towards lowering carbon emissions. CCUS is among such key pathways to reduce emissions while continuing to develop sustainably at an unprecedented pace,” stated Dr S Chandrashekar, Secretary, Department of Science and Technology during the first CCUS workshop at IIT Bombay.Ĭlimate change is a global issue that is being addressed by many world leaders, including Prime Minister Narendra Modi. “Under a strict climatic regime, we can realize the identification and adoption of a right balance of portfolio of emission curtailment technologies. CCUS also is in accordance with five United Nations Sustainable Development Goals. The application of CCUS will lead to enhanced oil and gas recovery where carbon dioxide is used to increase natural resource production, with a large part of carbon dioxide stored in the subsurface. Microsoft, for example, intends to use algae to remove up to 12,000 tons of carbon equivalent within. CCUS works as a solution and is constantly advancing in its technologies. Many companies are moving towards such carbon capture technologies to minimise their impact. READ | Lata Didi's dream of a Deenanath Mangeshkar Music College to be a reality soon: Minister Uday SamantĬarbon Capture, Utilisation and Storage (CCUS) is a crucial element to work towards reducing the speed of climate change. The centre has several founding partners such as IIT’s, CSIR labs as well as industries. It will work towards developing a network of researchers, industries and stakeholders in the domain. The National Centre will make a path for capturing and mapping current research and development and innovation activities. The National Centre shall explore and unlock the potential of CCU technologies to lead India in this potential sunshine industrial sector to evolve as a circular carbon economy,” said IIT Bombay Director, Professor Subhasis Chaudhari. Internationally, companies such as ExxonMobil and ADNOC are investing in carbon capture as a climate solution, aiming to reduce emissions while maintaining fossil fuel production.“IIT Bombay has undertaken leadership to address several science and engineering grand challenges and develop their end-to-end solutions. ONGC’s project involves transporting CO₂ from an Indian Oil refinery in Gujarat to an ONGC oilfield, where it will be injected to enhance oil recovery. In India, similar initiatives have faced financial hurdles, such as the collaboration between Oil and Natural Gas Corporation (ONGC) and Indian Oil, which has not progressed rapidly due to high costs. The concentration of CO2, the most important Green House Gas (GHG), has reached to formidable levels. The report will outline the processes for carbon capture, transportation, storage and monitoring, the company’s executive explained.įive dry wells have been shortlisted, with two earmarked for a pilot project that will include dynamic modelling.Ĭarbon capture, utilisation and storage technologies are critical yet costly, with most current projects globally still in the pilot phase. The impending danger of climate change and pollution can now be seen on the world panorama. Preliminary studies have been conducted and Oil India is set to hire a consultant to develop a comprehensive feasibility report.
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