Carbon Management
What is Carbon Management?
Carbon management refers to the strategies and technologies aimed at reducing CO2 emissions associated with the consumption of natural gas. This can include monitoring, capturing, storing and reducing carbon emissions to mitigate their impact on the environment. As Europe transitions towards cleaner energy sources, effective carbon management becomes increasingly important to mitigate climate change and reach climate goals.
Technologies for Carbon Management
Eurogas supports the scaleup of CCUS – Carbon Capture and Utilisation / Storage – technologies. The former, Utilisation, involves converting captured CO2 and solid carbon into valuable products such as synthetic fuels, chemicals, and building materials, thereby reducing emissions and creating economic value.
The latter, storage, involves storing captured CO2 and solid carbon in long-lasting or permanent CCU products to prevent their release into the atmosphere. These two related types of technologies will be crucial for us to decarbonise the energy sector to achieve our climate goals.
In addition, biomethane coupled with CCS has the potential to lead to negative emissions, a process known as BECCS. This innovative approach involves capturing carbon dioxide emissions produced during the process of upgrading biogas into biomethane, and then storing this CO2 permanently, effectively preventing it from entering the atmosphere.
The Industry Act indicative target of 35bcm of biomethane produced in 2030 within the EU could lead to around 46 Mt of bioCO2 available for capture and permanent storage, whether in long-lasting products or underground.
Eurogas supports the use and scaleup of these technologies in line with climate objectives, and advocates for a regulatory framework that incentivises the adoption of carbon management for accelerating the decarbonisation of the energy sector.