gasworld TV’s latest webinar, CO2: Use It, Don’t Lose It, and Monitor, Part Two, saw industry specialists discuss a wide variety of topics relating to the use of carbon dioxide (CO2). Christopher Carson – Founder and Principal Director at Carbonic Solutions – gave an insight into sourcing CO2 and the impacts of carbon capture and storage (CCS).
To further understand the intricacies of sourcing CO2, the market for the gas itself must be considered. When talking about the market, it’s the market for liquid CO2 that’s delivered to customers in bulk and, most commonly, in 20 tonne deliveries. According to Carson, this is the area that he and his company are most interested in, differentiating it from other companies who provide gaseous supplies to large users such as enhanced oil recovery or the production of urea in an ammonia or methanol plant.
Emphasising the focus on bulk users, or what he calls the merchant bulk market for CO2, he spoke about the sheer size of the market, saying, “Overall, worldwide, it’s somewhere between 20 and 22 million tonnes per year. North America makes up about half of that and then the rest is split between Europe at about five to six million tonnes per year.”
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