About this event
The EIC is glad to announce the Webinar: Overview of CCS projects in Brazil:
Please click HERE to book your place!
In a report released by the International Energy Agency (IEA) in September 2023, the total CO2 removed globally will surpass 1,700 million tonnes by 2030, with two-thirds of this amount anticipated in emerging markets and developing economies. CCS projects are built upon established technologies from the oil industry, hydrogeology, and geochemistry.
As of December 2023, more than 40 CCS/CCUS projects are operating worldwide. Over the past three years, there has been a record number of over 250 new CCS/CCUS projects being announced globally. Among these initiatives, one of the world's largest CCS projects was proposed by Petrobras and is currently under study.
In mid-2021, FS Bioenergia announced plans to invest US$50mn (R$250mn) in the development of Brazil's first bioenergy carbon capture and storage (BECCS) plant in the state of Mato Grosso. The Lucas do Rio Verde BECCS facility is being developed to feature a capacity of 420,000 tonnes of CO2 stored annually. The plant will capture carbon dioxide produced in an adjacent ethanol plant and store it in saline sediments in the Parecis basin.
With an annual production of 56 million m³ of ethanol in the USA (2021) and 30 million m³ per year in Brazil (2021), the world's two primary ethanol producers possess significant potential for the advancement of the BECCS concept by integrating the ethanol industry with suitable geological conditions. Brazil also has great potential in this market due to its established oil and gas industry, skilled professionals, and a clean energy matrix that CCS can enhance, besides from presenting several geological sites that are good candidates for safely and stably storing CO2.
Please click HERE to book your place!
Event details:
Date: Thursday 07 March 2024
Time: From 11am to 12:30pm BRT
3pm to 4:30pm GMT
Please, note that this webinar will be held in English.
This webinar is free of charge.
Speakers:
Nathalia Weber, Director - CCS Brazil
Milas Evangelista, Business Consultant on Biofuels & CCS - Renovar Sustentabilidade
Lucas Ramos, Energy Analyst - EIC