The Australian Government has launched a $250 million program to deploy carbon capture, use and storage (CCUS) at scale.
The CCUS Hubs and Technologies program looks to boost Australia’s CCUS capabilities by:
- encouraging domestic and international research collaborations
- lowering the cost of technology adoption.
CCUS is key to reducing emissions from heavy industry and energy generation. The program will complement the Clean Hydrogen Industrial Hubs program with potential CO2 storage sites in some priority hub locations.
The government’s Technology Investment Roadmap identified carbon capture and storage as a priority low emissions technology. The CCUS Hubs and Technologies program will support the roadmap’s stretch goal of CO2 compression, transport and storage under $20 per tonne.
View the program guidelines on business.gov.au:
- The Technologies Stream will help fund the research, development and commercialisation of CCUS technologies and identification of viable CO2 storage sites.
- The Hubs Stream will help fund the design and construction of shared CCUS infrastructure between co-located CO2 emitters.
Applications will open on 11 October 2021.
