Nippon Steel to Explore Emissions Reduction Through Liquefied CO2 Capture and Storage
02/16/2022 - The Japanese steelmaker will investigate the potential use of liquefied carbon dioxide capture and transport technology to eliminate up to 5 million metric tons of its emissions per year.
In a press release, Nippon Steel Corp. announced that they will conduct a joint feasibility study with carbon capture and storage (CCS) company deepC Store.
If implemented at full commercial scale, deepC’s technology would capture and liquefy 1 to 5 million metric tons of Nippon Steel’s CO2 emissions per year. The liquefied CO2 would then be transported by ship to deepC’s offshore floating CCS hub, CStore1, where it would be permanently and safely stored underground.
“As we actively pursue various initiatives for achieving carbon neutrality in 2050, we believe that CCS is one of our essential methods for realizing carbon neutrality,” said Nippon Steel’s managing executive Hideo Suzuki. “By conducting the joint study with deepC Store based on their unique large-scale offshore floating CCS hub technology, we look forward to enhancing our knowledge on CCS and enabling a breakthrough for conducting CCS.”
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