Techno-Regulatory Services

Unlocking Australia’s potential: Leading the way in techno-regulatory services for carbon capture and storage (CCS)

 

Australia benefits from a robust economy capable of weathering global financial uncertainty, underpinned by it’s strong exports, of which traditional energies make up a significant portion. While Australia’s emissions are comparatively modest, the per capita Scope 3 emissions remain disproportionate due to its delivery of affordable, reliable and sustainable energy to it’s neighbours which makes it an ideal candidate for domestic Carbon Capture and Storage (CCS) and as an international destination for permanent, immediate and scalable CO₂ storage.

Australia finds itself at the nexus of innovation and necessity with CCS. Balancing the demand for reliable, affordable, sustainable energy from neighbouring nations with the imperative of transitioning towards equitable energy solutions requires a strategic approach. The synergy between traditional energy projects, critical minerals, the hard to abate sector, sovereign manufacturing capability and CCS is essential for propelling Australia into a leadership role in sustainable energy practices and regulations sit at the key intersection of all these elements.

Australia is an attractive destination for CCS projects. However, the regulatory regime for domestic carbon storage or for import are complex. In the absence of incentives projects must navigate through regulations in the most efficient way possible to maximise the
project outcomes.

An offshore CCS project requires many individual permits across 4 regulators. Co-ordination across the approvals process requires a technically rigorous and sophisticated approach. CO2Tech has unrivalled experience in this field with the development of the most advanced offshore CCS application in Australia.

At CO2Tech, we specialise in charting the complexities of techno-regulatory landscapes for CCS initiatives.

De-risk your business planning with CO2Tech: 

• Onshore and offshore regulatory education
• Support navigating regulatory pathways and approaches
• CCS strategy planning
• Support with necessary CCS permitting.