A ground-breaking carbon capture project, sequestration and utilisation (CCSU) project, which is believed to be the first of its kind, will capture carbon dioxide (CO2) at a third of the cost typically seen in the global power sector.
Launched by Carbon Clean Solutions Limited (CCSL), the initiative will capture and reuse more than 60,000 tonnes of CO2 each year from a 10 MW coal-fired power station near Chennai in India.
The privately financed project will capture CO2 at $30 per tonne – compared to usual capture costs which reach between $60-90 per tonne. Post-start up, the plant is expected to become zero-emission.
CCSL’s CEO Aniruddha Sharma emphasised, “This project is a game-changer. By capturing and crucially, re-using, CO2 at just $30 a tonne, we believe that there is an opportunity to dramatically accelerate uptake of CCU technology, with its many benefits, around the world.”
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