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Global Carbon Capture and Storage Institute Opens Regional Office In Masdar City | |
| Staff Writer |
With a mission to scale-up carbon capture and storage technology in support of climate neutrality, the Global Carbon Capture and Storage Institute, has opened its first Middle East headquarters in Masdar City.
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The institute collaborates with other key companies and institutes in Masdar City, including the International Renewable Energy Agency (IRENA) and Siemens Energy, Mohammed Bin Zayed University for Artificial Intelligence, Emirates Nuclear Energy Company, and Catalyst, the region’s first sustainability-focused startup accelerator.
Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, UAE Special Envoy for Climate Change, and chairman of Masdar said, “As the first country in the region to deploy CCUS on an industrial scale, the UAE has a proven track record of success as a leader in carbon capture. The addition of the Global CCS Institute will only help promote CCS further.”
He added: “The institute’s mission to accelerate the adoption of carbon capture technologies perfectly aligns with Masdar’s role as an incubator and catalyst for innovative clean technologies. I am confident that the Global CCS Institute will thrive in this environment and continue to make a valuable contribution to global decarbonization efforts, particularly as the UAE prepares to host COP 28 in 2023.”
The institute’s global CEO, Jarad Daniel said, “The region is well positioned to become a leader, both in the CCS market and the energy transition more broadly. With the Institute’s new regional office in Abu Dhabi, we aim to be there every step of the way.”
Carbon capture and storage is an innovative technology that mitigates climate change impacts by capturing CO2 – typically from a point source at an industrial facility – and storing it beneath the Earth’s surface before it can impact the atmosphere. This technology has recently received renewed attention from the oil-rich Gulf states which are actively seeking a future for their hydrocarbon resources in a low-carbon world Currently, there are three CCS facilities in the GCC region, which account for 10 percent of the world’s CO2 captured by the technology every year. Qatar Gas captures 2.1 Mtpa of CO2 from a gas liquefaction plant at Ras Laffan. Saudi Aramco’s Uthmaniyah Project captures 0.8 Mtpa of CO2 from a natural gas liquefaction plant which is later piped to the Ghawar oil field for enhanced oil recovery (EOR). ADNOC captures 0.8 Mtpa of CO2 at the Emirates Steel plant in Abu Dhabi as part of the Al Reyadah project.