Hard to abate industries | Safeguard Mechanism

Are you a safeguard facility attempting to address your emissions target?

Essential material pillars in a modern society are steel, cement, fertiliser, alumina, chemicals, and plastics – these are some of the hard-to-abate sectors that are very challenging to decarbonise. The federal government’s Safeguard Mechanism legislation targets 220+ facilities that emit more than 100,000t of CO2 per year. These facilities will have to reduce baseline emissions by 5pc per year.

Australian industrial emissions have several challenges: maintaining capacity, increasing sovereign capability, and supporting jobs whilst reducing emissions due the Safeguard Mechanism legislation.  Most industries are focusing their efforts on technology changes supported by renewable energy or future fuels to drive their long-range planning.

 Some are considering carbon capture and storage (CCS) as an option in their portfolio of decarbonisation pathways. This is aligned with international practice, especially in Europe where resolving conflicting priorities of maintaining industry and reducing emissions has been partially dealt with in the hard-to-abate sector with CCS hubs that gather CO2 from industrial sources, transport them and then store them permanently underground; projects such as Northern Lights in Norway.

CO2Tech is proposing a fast paced, screening study with a consortium approach to reduce costs and build collaboration amongst regional industries. This is a scoping proposal that can be developed with prospective clients’ specific needs if required, this study could be the first phase of a techno-economic investigation that may lead to more detailed studies subject to outcomes.

 

Example: Gladstone, QLD - ACCUs cost vs emissions baseline reduction summary.

Potential hubs around Australia

Download brochures below to learn more about the potential CCS hubs where CO2Tech can provide strategic and technical consulting.

If you’re a manufacturer, refinery, ‘Safeguard Facility’, etc. that is impacted by the Safeguard Mechanism, contact us today to see how CO2Tech can assist in your next steps to tackle your emissions reduction.

Gladstone, QLD.

Bell Bay, TAS.

Gippsland, VIC.

Newcastle, NSW.

Sth-West, WA.

Above: Map of emissions hubs and storage projects.

Key State and Federal policy shifts have crystalised our position on CCS within Australia

There are several potential areas for hubs to be created around Australia; Gladstone, Gippsland, Bell Bay, Newcastle, and South West WA.

  • Queensland’s Great Artesian Basin (GAB) storage ban has sterilised Queensland onshore and left the Gladstone region with limited options for storage.​
  • Future Made in Australia seeks to increase sovereign capability reduce emissions with a focus on shared infrastructure.​
  • Future Gas Strategy demonstrates the importance of gas and the co-development of CCS.​
  • Critical Minerals Strategy’s objective is to increase domestic production and processing whilst having enhanced ESG credentials.​
  • Safeguard Mechanism, targeting emitters to reduce emissions specific focus on CCS for NGP projects.

Why CO2Tech

CO2Tech has unrivalled practical experience in capturing CO2 from industrial emissions in Australia. It can leverage its unique access to advanced storage projects providing the crucial connection between carbon capture and permanent underground CO2 storage.

 

If you’re a manufacturer, refinery, ‘Safeguard Facility’, etc. that is impacted by the Safeguard Mechanism, contact us today to see how CO2Tech can assist in your next steps to tackle your emissions reduction.

Contact us

CO2tech

Level 3 289 Wellington Pde South
East Melbourne VIC 3002
Australia

Phone Number

+61 3 8595 9600

E-MAIL

info@co2tech.com.au