This week, World Coal Association Policy Manager, Liam McHugh, will join industry leaders, government delegates and international experts for a series of focused events examining how CCUS can be accelerated globally.
Taking place over two days in Edinburgh and jointly organised by the International Energy Agency, Global CCS Institute and the UK government, the Accelerating CCUS conference will consider the ways in which the progress of CCUS can be enhanced, as well as the technology’s vital role in supporting climate change ambitions.
A timely response
There is broad consensus that carbon capture use and storage (CCUS) has an integral role to play in meeting global climate change targets. However, the IEA’s 2018 ‘Tracking Clean Energy Progress’ which tracks low-carbon technologies categorised the technology as ‘off track’ and highlighted the need for a significant increase in deployment internationally.
The conference therefore provides an ideal forum for stakeholders, including the WCA, to look at the steps that can be taken to widen global deployment of CCUS across a range of applications.
Participants will today discuss the value of CCUS, explore business models, and consider the future of the technologies. There’ll be an opportunity to hear from existing commercial CCUS projects and seek to recognise how knowledge transfer from these could aid future deployment.
Calls for international action
Just last month, WCA published “Driving CCUS deployment: The pathway to zero emissions from coal”, which covered the coal industry’s engagement with CCUS over many years and called for a concerted international effort to advance the technology across sectors such as electricity generation, industry and bioenergy.
The report highlighted the importance of an international commitment on CCUS to ensure it is deployed at the scale needed to meet Paris Agreement goals. This is vital when fossil fuels, including coal, will still make up 75% of the global energy mix in 2040.
Now is the time for governments and industry to support low emissions technologies such as CCUS by adopting a new approach to financing, establishing a broad support base and promoting policy parity.
For further information, read the full report here.
About the World Coal Association
The World Coal Association is the only body acting internationally on behalf of coal, with a mission to demonstrate and gain acceptance for the fundamental role coal plays in achieving a sustainable, lower carbon energy future.
The WCA provides a voice for coal in international energy, environment and development forums, and presents the case for coal to key decision-makers.
The WCA is a membership body made up of coal producers, national associations, allied companies and stakeholders. The organisation is led by the Chairman and Chief Executive Officer.
For more information on what we do, please visit www.worldcoal.org