NITI Aayog working on challenges related to carbon capture utilization and storage (CCUS)
NITI Aayog has constituted four technical inter-ministerial committees on standards, storage, transportation and utilization of carbon dioxide as India gears up to become net zero by 2070, the Aayog said.
“The committees are tasked with preparing a robust policy framework to address the challenges related to Carbon Capture Utilization and Storage (CCUS) implementation in India, including technology readiness, high upfront capital costs, lack of infrastructure for its transportation transportation and storage, regulatory gaps, and public acceptance issues,” it said in a statement issued on Friday.
The Aayog, in collaboration with US Department of State’s Bureau of Energy Resources organised a two-day workshop on the legal and regulatory frameworks and technical considerations for Carbon Capture Utilization and Storage (CCUS) which ended on Friday.
According to the statement issued by the Aayog, CCUS offers a unique set of tools for decarbonizing hard-to-abate industries crucial for India's economic growth, such as steel, cement, chemicals, and fertilizers, which heavily rely on fossil fuels.
“It enables a cleaner coal gasification economy, allowing for the more sustainable utilization of India's vast coal reserves,” it said.
“CCUS also supports the hydrogen economy by enabling blue hydrogen production, paving the way for a broader transition to green hydrogen based on renewable energy,” it said, adding CCUS can create new economic opportunities by establishing new industries and markets.
Eric Garcetti, US
