KEPCO, Cosmo Energy partner to develop CCS value chain
The value chain will be for their operations in Sakai-Semboku.
The Kansai Electric Power Co. (KEPCO) and Cosmo Energy Holdings signed a memorandum of understanding (MOU) for joint studies to develop a carbon capture and storage (CCS) value chain in the Sakai-Semboku area.
In a joint statement, the parties said the study would assess the design and economic feasibility of a CCS value chain that includes the separation and capture of carbon dioxide (CO2) emitted by the facilities that operate in the area.
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This will include the joint liquefaction and storage and the shipment of the captured CO2 to storage sites.
“The joint study of liquefaction, storage and shipping facilities by the two companies will enable the design of a larger and more efficient facility,” they said.
KEPCO and Cosmo Energy will also look into the feasibility and economic viability of liquefied CO2 transportation modes and potential storage facilities.