Mining company Glencore has signed a Memorandum of Understanding (MoU) with China Huaneng Group to cooperate on carbon capture utilisation and storage (CCUS) technology, commencing with the CTSCo Project in Millmerran power station in Queensland, Australia.
The CTSCo Project will use China Huaneng’s CO2 capture technology at the Millmerran coal fired power station to capture a stream of CO2 which will then be transported and stored permanently in a non-potable aquifer at a depth of more than 2 kilometres.
Glencore CEO, Ivan Glasenberg said the CTSCo Project is Australia’s most advanced onshore CCUS project and will demonstrate CCUS at an industrial scale.
“We are very pleased to strengthen our collaboration with China Huaneng on the CTSCo Project,” Mr Glasenberg added.
“This project is vitally important because it can scale up to support the reduction of Scope 3 emissions from the use of fossil fuels across a broad range of industrial sectors.”
Dr Li Weidong, Chairman of China Huaneng Group Clean Energy Research Institute, said the signing of the MOU demonstrated the company’s commitment to supporting the deployment of low emissions technologies to reduce greenhouse emissions from the use of fossil fuels and other industrial processes.
“This is the first integrated international carbon dioxide capture and storage project that China has participated in,” he continued.
“Huaneng will work with Glencore to complete a high-quality carbon capture project in Australia’s Surat Basin, build a high-quality cross-industry international cooperation project, help coal-fired power generation achieve “near zero emissions”, and enhance its international influence.”