The Oil and Gas Climate Initiative (OGCI) has launched “The CCUS Hub”, a new platform to share learnings and identify new hubs.
On 3 March, the OGCI announced the launch of the web-based platform, which has been designed to support regulators, emitters and potential hub developers that are interested in setting up carbon capture and storage (CCUS) hubs globally. Such hubs can reduce costs and accelerate industrial decarbonisation through creating collective CO2 transport and storage infrastructure for multiple emitters in a specific region.
The CCUS Hub platform has three parts, including a CCUS Hub Search, which is an interactive map tool, identifying 279 potential CCUS hubs in 56 countries, matching clusters of CO2 sources with possible storage locations, along with estimates of cost per tonne. It also has a CCUS Hub Playbook, offering practical lessons from people behind the most advanced CCUS hubs, with this searchable by theme or profile, and Hubs in Action, which provides overviews of six emerging CCUS hubs that were part of the OGCI’s initial KickStarter initiative.
The platform will be overseen by an advisory board of key partners, including BCG, the Clean Energy Ministerial-CCUS, Global CCS Institute and IEAGHG. The overriding aim of the OGCI is for the CCUS Hub to become a place for everyone involved in setting up CCUS hubs to meet, learn and share experiences.