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“Our world-class storage sites at G-15-AP will not only support local efforts but will also enhance the carbon management capabilities of our valued trading partners in South-East Asia, Korea, and Japan,”
Julia Davies,
General Manager,
InCapture Pty Ltd.
Australia’s North West Shelf, a region known for its industrial prowess, is about to take center stage in the global fight against climate change. InCapture Pty Ltd has recently secured the Greenhouse Gas Assessment Permit G-15-AP, a move that could redefine how industries in the region manage their carbon emissions. Situated just 120 kilometers from the key industrial hubs of Dampier and Port Hedland, this permit area spans over 6,500 square kilometers and holds immense potential for long-term, secure carbon storage.
The G-15-AP permit is not just another piece of the vast Australian landscape but it is a crucial step forward in the quest for sustainable industrial solutions. As industries worldwide grapple with the pressing need to reduce their carbon footprints, especially in hard-to-abate sectors, the strategic location and scale of this permit area could provide the answer. InCapture is already assessing various storage options within the area, with plans to launch a fully operational carbon capture and storage (CCS) project by the early 2030s. But the vision extends beyond Australia’s shores as InCapture aims to offer these world-class storage solutions to neighboring regions in South-East Asia, Korea, and Japan, supporting their net-zero commitments and solidifying Australia’s role as a leader in global carbon management.
Moreover, this ambitious project is backed by a strategic partnership that includes InCapture, holding a 75% equity stake, SK earthon Australia Pty Ltd with a 20% stake, and Carbon CQ Pty Ltd with 5%. SK earthon, a subsidiary of South Korea’s SK Innovation, brings a wealth of experience to the table, having been involved in numerous CCS projects, including the significant Shepherd Project. This collaboration underscores the importance of global cooperation in tackling climate change, highlighting that the challenges the world is facing today requires collective action across borders.
Julia Davies, general manager of InCapture, emphasized the broader impact of this initiative, noting that CCS is not just crucial for Australia but also for neighboring countries striving to meet their climate goals. She said, “CCS is essential for Australia and its neighboring countries to meet their net-zero commitments. The recent award of greenhouse gas assessment permits by the Australian Commonwealth Government is a testament to our collective commitment to secure safe and effective storage sites for domestic emitters.”
The G-15-AP project, she says, is a significant milestone in securing safe and effective storage sites for industrial emissions, particularly in sectors that are difficult to decarbonize. According to Davies, the project’s reach extends beyond local benefits; it’s about enhancing the carbon management capabilities of Australia’s trading partners in South-East Asia, Korea, and Japan, ensuring that regions like the Pilbara can maintain their industrial might while leading the way in sustainable practices.
“Our world-class storage sites at G-15-AP will not only support local efforts but will also enhance the carbon management capabilities of our valued trading partners in South-East Asia, Korea, and Japan,” she added.
However, as InCapture forges ahead with its pioneering work on the G-15-AP permit, the project stands as a beacon of innovation and collaboration in the carbon capture and storage sector. The North West Shelf, already a powerhouse in resource extraction, is now poised to lead in the sustainable management of industrial emissions. InCapture’s efforts remind us that the journey to a greener future is paved with visionary projects like this – projects that leverage technology, partnership, and a shared commitment to combating climate change.