Japanese refiner Eneos and power producer J-Power are joining hands to explore the potential of carbon capture and storage (CCS) project.
The duo has agreed to jointly carry out a feasibility study for the project targeting for the utilization of the new technology by 2030.
If realized, this project would be the first major CCS project in Japan. The project would invite various participants including government authorities, local communities, construction firms and transportation companies among others.
According to Eneos, "it plans to separate and capture carbon dioxide (CO2) emissions from its oil refining facilities." Similarly, J-Power plans to "capture CO2 from the coal and biomass gasification processes in the production of hydrogen-based electricity, as well as from its existing coal- and biomass-fired plants."
The duo is considering western Japan as a viable region to store the captured CO2.
The companies plan to start a feasibility study from this fiscal year to produce hydrogen from locally-supplied biomass with gasification and carbon capture, utilisation and storage (CCUS) technologies.
As per the local reports, the duo is considering injecting the captured CO2 into existing domestic oil and gas fields, as they aim to begin a demonstration for the project in 2025-2030.