Road Map Update for Carbon Capture, Utilization, and Storage Demonstration and Deployment in the People’s Republic of China


Book Description

This publication updates the 2015 carbon capture, utilization, and storage (CCUS) road map for the People’s Republic of China (PRC) developed by the Asian Development Bank (ADB) in consultation with the government of the PRC and other stakeholders. Reflecting changes in CCUS and low-carbon development targets in the PRC since 2015, it highlights the role of CCUS in decarbonizing hydrogen production from fossil fuels; CCUS-readiness of the cement and iron and steel industries; recommendations on CCUS deployment under the 14th Five-Year Plan; and implications for CCUS of the PRC’s ambition to achieve carbon neutrality by 2060.




Road Map Update for Carbon Capture, Utilization, and Storage Demonstration and Deployment in the People's Republic of China


Book Description

This publication updates the 2015 carbon capture, utilization, and storage (CCUS) road map for the People's Republic of China (PRC). Reflecting changes in CCUS and low-carbon development targets in the PRC since 2015, the publication highlights the role of CCUS in decarbonizing hydrogen production from fossil fuels; CCUS-readiness of the cement and iron and steel industries; recommendations on CCUS deployment under the 14th Five-Year Plan; and implications for CCUS of the PRC's ambition to achieve carbon neutrality by 2060. It was developed by the Asian Development Bank (ADB) in consultation with the government of the PRC and other stakeholders.




Roadmap for Carbon Capture and Storage Demonstration and Deployment in the People's Republic of China


Book Description

The People's Republic of China (PRC) is taking concerted efforts and making large investments to peak out its carbon dioxide emissions around 2030. While current efforts are prioritizing accelerated energy efficiency and rapid expansion of renewables and nuclear in the energy mix, the fossil fuel related carbon dioxide emissions are still expected to rise even under a "new normal" growth strategies in the PRC. This brings in renewed emphasis on carbon capture and storage (CCS), which is currently the only near-commercial technologies to make deep cuts (up to 90%) in carbon dioxide emissions from fossil fuel related power plants and industries. This report draws on relevant technical assistance from Asian Development Bank (ADB), consultants' reports, and the work of ADB staff to assess the potential, the barriers and the challenges in demonstrating and deploying CCS in the PRC. It identifies unique low cost opportunities, recommends a gradual two phase approach to CCS deployment in the PRC and, provides complementary suite of policy actions to enable it.




Strategy 2030 Energy Sector Directional Guide


Book Description

This sector directional guide describes the context and rationale that will guide the agenda of the Asian Development Bank (ADB) in supporting developing member countries with financing, knowledge, convening ability, and technical assistance to ensure improved the coherence, relevance, efficiency, and effectiveness of ADB’s energy sector investments. It outlines the priorities and focus for the energy sector in line with Strategy 2023. The guide is designed to be a living document, to be updated as needed to remain relevant to the dynamic development context of Asia and the Pacifi c. A midterm review will be conducted following the expected review of the Energy Policy in 2025.




In Pursuit of Carbon Neutrality


Book Description

China's goal of carbon neutrality by 2060 requires a significant transformation of energy systems and the economy, raising critical questions about the domestic energy legal and regulatory systems. This book critically analyses the development and implementation of energy laws and regulations related to crucial strategies and pathways towards carbon neutrality, namely decarbonising power supply, enabling fuel switching, electrifying end-use in transport and industry, and adopting carbon removal mechanisms. It offers rich legal details and insights into regulatory processes and arrangements that underpin energy market reform and liberalisation, while also examining the role of law and regulatory measures in promoting technological advancements and supply chains for decarbonisation, with a focus on renewable energy, energy efficiency and storage, electric vehicles, critical transition minerals and carbon removal mechanisms.




Engineering Aspects of Geologic CO2 Storage


Book Description

This timely book explores the lessons learned in and potentials of injecting supercritical CO2 into depleted oil and gas reservoirs, in order to maximize both hydrocarbon recovery and the storage capacities of injected CO2. The author provides a detailed discussion of key engineering parameters of simultaneous CO2 enhanced oil recovery and CO2 storage in depleted hydrocarbon reservoirs. These include candidate site selection, CO2 oil miscibility, maximizing CO2-storage capacity in enhanced oil recovery operations, well configurations, and cap and reservoir rock integrity. The book will help practicing professionals devise strategies to curb greenhouse gas emissions from the use of fossil fuels for energy production via geologic CO2 storage, while developing CO2 injection as an economically viable and environmentally sensible business model for hydrocarbon exploration and production in a low carbon economy.




Prospects for Carbon Capture and Storage in Southeast Asia


Book Description

This report was produced under the Technical Assistance Grant: Determining the Potential for Carbon Capture and Storage (CCS) in Southeast Asia (TA 7575-REG), and is focused on an assessment of the CCS potential in Thailand, Viet Nam, and specific regions of Indonesia (South Sumatra) and the Philippines (Calabarzon). It contains inventories of carbon dioxide emission sources, estimates of overall storage potential, likely source-sink match options for potential CCS projects, and an analysis of existing policy, legal, and regulatory frameworks with a view toward supporting future CCS operations. The report also presents a comparative financial analysis of candidate CCS projects, highlights possible incentive schemes for financing CCS, and provides an actionable road map for pilot, demonstration, and commercial CCS projects.




Energy Technology Policy


Book Description




The Power of Renewables


Book Description

The United States and China are the world's top two energy consumers and, as of 2010, the two largest economies. Consequently, they have a decisive role to play in the world's clean energy future. Both countries are also motivated by related goals, namely diversified energy portfolios, job creation, energy security, and pollution reduction, making renewable energy development an important strategy with wide-ranging implications. Given the size of their energy markets, any substantial progress the two countries make in advancing use of renewable energy will provide global benefits, in terms of enhanced technological understanding, reduced costs through expanded deployment, and reduced greenhouse gas (GHG) emissions relative to conventional generation from fossil fuels. Within this context, the U.S. National Academies, in collaboration with the Chinese Academy of Sciences (CAS) and Chinese Academy of Engineering (CAE), reviewed renewable energy development and deployment in the two countries, to highlight prospects for collaboration across the research to deployment chain and to suggest strategies which would promote more rapid and economical attainment of renewable energy goals. Main findings and concerning renewable resource assessments, technology development, environmental impacts, market infrastructure, among others, are presented. Specific recommendations have been limited to those judged to be most likely to accelerate the pace of deployment, increase cost-competitiveness, or shape the future market for renewable energy. The recommendations presented here are also pragmatic and achievable.




Global Trends 2040


Book Description

"The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.