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Climate change

Carbon capture, use, and storage (CCUS)

Carbon capture, use, and storage (CCUS)

CCUS technology, at the center of CO2 emissions reduction

Carbon capture, use, and storage (CCUS) will play an important role in meeting the objective of limiting the average temperature increase of the planet to 2ºC in 2050. This technology is capable of substantially reducing greenhouse gas (GHG) emissions from fossil fuels, particularly in the electricity sector and industry.

A new energy mix

A new energy mix

Fossil fuels will continue to be an important part of the future energy mix and CCUS will make it possible to reduce emissions in the electricity sector or other energy-intensive industries.

This is one of the lines of work in which we are taking part as members of the Oil and Gas Climate Initiative (OGCI).

The challenges posed by CCUS technology

There are currently a number of pioneering projects in operation, but we must overcome a series of challenges so that CCUS technologies can be implemented quickly and extensively:

  • Establishing a suitable regulatory framework that allows these technologies to be developed
  • Increasing our knowledge of the real underground carbon storage capacity, especially in regions like China and India
  • Making further advances in cutting the costs of investment and operations

Potential uses of captured carbon

At Repsol, we consider this challenge to be an opportunity for the future. In a circular economy, carbon captured using these technologies can be used to develop different types of products:

  • Materials for the construction sector
  • Industrial polymers
  • In the long term, for developing new fuels