ADB’s Energy Policy 2021 has stated that ADB’s energy sector operations will be based on the five policy principles. Based on Principle number two: “Building a Sustainable and Resilient Energy Future”, ADB is supporting Carbon Capture Utilization and Storage (CCUS) technologies for power plants and industries, providing capacity development, technical assistance, and regulatory advice to identify and remove hurdles to the development, demonstration, and commercialization of CCUS systems. ADB has recognized the critical role of CCUS technologies in the long run, particularly for industrial activities that are difficult to decarbonize. ADB has stated that CCUS projects in the context of enhanced oil recovery will not be financed.
ADB has been promoting CCUS Technologies since 2009. ADB has organized seminars, published technology roadmaps, supported pre-feasibility studies, and worked on regulatory frameworks as part of its activities. Over the years, the technology has matured, and costs have come down from its initial years and as a result, CCUS has now reached a critical stage of large-scale deployment. Asia will be at the center of industrial development in the decades to come. It will be essential to see that economic development and decarbonization are considered together. This webinar is an opportunity to hear about three examples of CCUS technologies and understand the key issues and options for their scale-up especially in the Asian context.
The DDW is designed to benefit the stakeholders of Asia by introducing them to some of the latest technical developments in CCUS. The stakeholders would include policy makers from the government, financial community, technology providers and practitioners. Through the interactive discussions with the practitioners, the event aims to identify new opportunities in Asia and find ways to promote CCUS.
|10:30 - 10:35 a.m.||
|10:35 - 10:45 a.m.||
Opening Remarks and the Status of CCUS Development in UK
|Example of Scalable Technologies for Asia|
|10:45 - 10:55 a.m.||
Non-amine Based Post-combustion Technology
|10:55 - 11:05 a.m.||
CCUS a tool for decarbonization in Steel Industry
|11:05 - 11:15 a.m.||
CCUS with Modular Waste to Energy Solutions
|11:15 - 11:45 a.m.||
Moderator: Atsumasa Sakai, Senior Energy Specialist, ADB
|11:45 - 11:55 a.m.||Q&A Session|
|11:55 a.m.- 12:00 p.m.||
Dr Priyantha D.C. Wijayatunga
Chief of the Energy Sector Group in the Sustainable Development and Climate Change Department,
Asian Development Bank
About the Organizer
Department for Business, Energy & Industrial Strategy – United Kingdom:
The UK is committed to working with all countries and joining forces with civil society, companies and people on the frontline of climate action to achieve global net zero emission targets. The UK Prime Minister is committed to increasing the UK International Climate Finance to at least £11.6 billion between 2021/22 and 2025/26. The UK is playing an important role in accelerating clean energy innovation. The Department for Business, Energy & Industrial Strategy is dedicated to having a leading economy-wide transformation by backing enterprise and long-term growth, generating cheaper, cleaner, homegrown energy, and unleashing the UK as a science superpower through innovation while tackling climate change by reducing UK greenhouse gas emissions to net zero by 2050.
Asian Development Bank (ADB):
The Asian Development Bank (ADB) is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. It assists its members and partners by providing loans, technical assistance, grants, and equity investments to promote social and economic development.