J-Power joins gigascale Australian carbon storage project
Japanese power utility collaborates with developers deepC Store and Azuli on initiative off country’s northwest coast
Japanese power utility J-Power is to collaborate with Australian CCS specialists deepC Store and Azuli on a project aimed at developing up to 1bt/yr of floating CO₂ injection and storage capacity off the northwest coast of Australia. Under a joint study agreement, the three firms aim to establish a commercial-scale CCS project involving the transportation of liquefied CO₂ from Japan, Australia and neighbouring regions to floating storage and injection facilities in acreage in the Bonaparte and Browse basins. The agreement comes after deepC Store and Azuli secured greenhouse gas assessment permits for acreage in the basins, which are 200–250km off Australia's northwest coast. The basins are k
Also in this section
27 November 2024
The agreement by the parties to raise at least $300b/yr for developing countries by 2035 was derided as a betrayal by the Global South, but the UN urged pragmatism
26 November 2024
Agreements on how to operationalise both Article 6.2 and 6.4 will mean countries can start to trade emissions reductions as part of their contributions to the Paris Agreement
22 November 2024
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE
21 November 2024
E&P company is charting its own course through the transition, with a highly focused natural gas portfolio, early action on its own emissions and the development of a major carbon storage project