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SIEW Summit
Singapore-IEA ForumSingapore-IRENA High-Level ForumAsia Clean Energy SummitAsia Hydrogen & LNG Markets Conference
SIEW Energy InsightsSIEW TechTableAsia Clean Energy SummitAsian Downstream Summit & Asia Refining Technology ConferenceAsia Hydrogen & LNG Markets Conference Future Of the Grid
SIEW Thinktank RoundtablesAsia Clean Energy SummitAsian Downstream Summit & Asia Refining Technology ConferenceFuture Of the Grid
SIEW Thinktank RoundtablesYouth @ SIEW
SIEWConnects@New York: Energy Innovation and Collaboration
SIEWConnects@Rotterdam: Harnessing Hydrogen and Low Carbon Innovations
The use of carbon capture, utilisation and storage (CCUS) technologies will play an important role in transforming power generation systems for a low carbon energy future. A new report from the International Energy Agency (IEA) outlines the latest advances in CCUS, and how targeted policy measures will be critical to realise the potential of carbon capture technologies in power generation, which accounts for almost 40% of global energy-related emissions.
Despite the advent of low-cost variable renewable sources, IEA notes that power plants fuelled by coal and gas still account for almost two-thirds of power generation globally—a share that remained relatively unchanged since 2000. With rising energy demands, there is greater pressure on the global energy sector to curb emissions while providing reliable electricity to a large and growing population.
In the report, IEA highlights three key ways CCUS technologies can help transform power systems and achieve climate objectives:
Read the full report to learn more about the role of CCUS in supporting the transformation of power systems.
New CCUS developments will be covered in a panel discussion on low carbon innovations during the Singapore Energy Summit on 26 October.