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          CN 51-1183/TE

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    Your Position :Home->Past Journals Catalog->2024 Vol.5

    Bottlenecks and response strategies for the development of CCS/CCUS in China
    Author of the article:LIU Guizhou1, FANG Ruirui2, DOU Lirong3, GAN Xianxiang2, FENG Lianyong2
    Author's Workplace:1. China National Oil and Gas Exploration and Development Company Ltd., Beijing, 100034, China; 2. School of Economics and Management, China University of Petroleum-Beijing, Beijing, 102249, China; 3. PetroChina Research Institute of Petroleum Exploration & Development, Beijing, 100083, China
    Key Words: CCS; CCUS; Commercialization; Response strategies
    Abstract:

    CCS/CCUS can be coupled with traditional energy sources for deep carbon emission reduction, and is an important technology choice and driver for carbon neutrality. Due to the coal-based nature of China's energy structure, the development of CCS/CCUS is a necessary path for China's energy transformation. At present, the development of CCS/CCUS in China is in its infancy, and there are many shortcomings that need addressing:low technology maturity and integration, lack of top-level design, insufficient macro planning, weak foundation for commercialization including market mechanism, policy incentives and infrastructure, unclear business models for major projects and gaps in legal framework and standardizationall of which collectively restrict the large-scale development of CCS/CCUS. To this end, it is suggested that at the national level, there is a need to seize the critical window of opportunity during the energy transformation, carry out comprehensive strategic planning and top-level design, introduce a systematic policy framework to stimulate industrial development, improve the legal framework and technical standards, prepare in advance for CO2 pipeline layout, clarify the focus of technological innovation, enhance and refine the carbon trading market and carbon tax mechanism, and work together to build a business environment conducive to the rapid development of CCS/CCUS.

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