The preliminary selection of oil reservoir in Serbia for carbon dioxide injection and storage by a multicriteria decision-making approach: a case study

Tomić, Lola; Maričić, Vesna Karović; Danilović, Dušan

doi:10.1080/15567036.2021.1936303

Cited by 2 publications

(1 citation statement)

References 27 publications

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“…Over the past decade, national and local governments have issued a series of CCUS-related policies, promoting the advancement of technical capabilities in carbon capture, transportation, utilization, and storage in China. China has operationalized over 20 CCUS pilot demonstration projects [24,35], with an annual carbon capture capacity exceeding 2 million tons [25,28]. Under the model of policy guidance and active corporate participation, China's CCUS industry has gained a certain scale of practical experience.…”

Section: Policy Support Aspectsmentioning

confidence: 99%

Research on the Development and Policy Evolution of CCUS Industry at Home and Abroad

Yu,

Zhou,

Fang

et al. 2024

IJEPP

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CCUS is internationally recognized as one of the three major pathways to achieve carbon neutrality goals. It is an important choice for realizing zero emissions from large-scale fossil energy utilization and a feasible technological solution to offset carbon emissions in industries such as power, steel, and cement where emissions reductions are challenging. Systematic analysis of the development and policy evolution of the CCUS industry at home and abroad can provide theoretical basis and practical guidance for China's energy transition and development under the background of carbon emission peaking and achieving carbon neutrality. Guided by the strategic goals of national energy security, carbon emission peaking, and achieving carbon neutrality, this study aims to analyze the global development process and stage characteristics of the CCUS industry, investigate the supporting policies in the CCUS field and their evolution patterns, summarize the current status and trends of the CCUS industry at home and abroad, and provide reference for the implementation of national energy green and low-carbon transformation and the construction of a new energy system. In terms of industry, European and American countries emphasize national-level technological guidance and macro-control. The United States has introduced the progressive 45Q tax credit policy, and the European Union has included CCUS in its carbon trading system. The US National Carbon Capture Center provides a testing environment and facilities for CCUS technology research and development, and has established a carbon dioxide industry cluster and transportation hub. In terms of policies, tax credits and carbon trading policies in Europe and America have attracted various types of capital investment, establishing a relatively complete legal framework system. These regions have been leading in CCUS technology research and deployment, holding dominant positions and decision-making power in mainstream international CCUS organizations such as the CSLF, IEA, GCCSI, and OGCI. This study benchmarks the forward-looking and strategic development status of the CCUS industry at home and abroad, elucidates the challenges facing CCUS industry development, and proposes future trends and policy support needs for the CCUS industry. The research reveals that Europe and America emphasize national-level technological guidance and macro-control, focusing on the construction of regional industrial networks and having established a relatively complete legal and regulatory framework system. Compared to other countries, China needs to establish national-level guidance on CCUS development, regional carbon dioxide capture and transportation networks, and enact specific laws, regulations, and technical standards for CCUS.

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Section: Policy Support Aspectsmentioning

confidence: 99%