4th Asia CCUS
Network Forum

August 15, 2024 | 09:30 – 17:00 Bangkok Time (UTC+0700)
Hybrid Forum Co-hosted by Economic Research Institute for ASEAN and East Asia (ERIA) as a Secretariat of Asia CCUS Network (ACN) and Ministry of Economy, Trade and Industry (METI), Japan with cooperation of Ministry of Energy (MOEN), Thailand and Secretariat of SETA2024 GH201, BITEC in Bangkok, Thailand

About

The Fourth Asia CCUS Network Forum

Event Description

After COP26 held in Glasgow, UK in Autumn 2021, many Asian countries echoed western countries for the need to find pathways to achieve carbon neutral by 2050 or beyond with international assistance, but any pathway will need to pay attention to accessibility, availability, and affordability of energy supply in order to accomplish reasonable economic growth continuously to 2050. Therefore, in the energy transition period towards carbon neutral beyond 2050, fossil fuels will be indispensable continuously but with emission abatement. For power generation sector, “Coal to Gas” shift is an important policy but increase of Clean Coal Technology (CCT) with high thermal efficiency technology is also essential to reduce CO2 emission from Business As Usual (BAU). Then, after 2040, Carbon Capture and Storage (CCS) technology will be applied to coal and gas power plants with commercial basis to cut 90% of CO2 from the power plants. For transport sector, although promotion of Battery Electric Vehicles (BEV), and Hydrogen Vehicles including Fuel Cell Vehicles (FCV) are highlighted, application of synthetic fuels is also considered to reduce CO2 emissions as another paths. Then, Carbon Capture Utilization and Storage (CCUS) is a crucial technology for producing synthetic fuels based on captured CO2 and blue or green hydrogen. Beside fuel switching towards cleaner fuel such as gas as well as renewable energy, the clean technologies such as an application of ammonia, hydrogen, and CCUS is/and will be appropriate for Asian region to achieve net zero emissions.

According to the results of Low Carbon Energy Transition – Carbon Neutral scenario (LCET-CN) under East Asia Summit (EAS) Energy Outlook being updated by Economic Research Institute for ASEAN and East Asia (ERIA), ASEAN countries will apply CCS for 85% of coal power plants and 91% of gas power plants until 2050. Thus, CCS will be an indispensable technology for the countries to achieve carbon neutral by 2050 or beyond. Asia CCUS Network considers initiating a CCS pilot project in this region referring to significant expertise and experience on CCUS of developed countries such as Australia, Japan and United States, and selection of appropriate candidate sites through conducting research studies, and holding the knowledge sharing conferences, and capacity building trainings.

Several CCUS projects are ongoing in Asia region especially oil and gas production countries such as Indonesia and Malaysia applying EOR (Enhanced Oil Recovery) and EGR (Enhanced Gas Recovery) conducted by the international oil companies such as BP (British Petroleum) and the national oil companies such as PERTAMINA with support of special organizations of developed countries on CCUS. Unfortunately, actual CCS projects which store CO2 into a saline aquifer is still demonstration stage with governmental support. However, increase of the CCS demonstration in Asia region will bring us lots of lessons and learns on CCS not only technology aspects but also business aspects, thus it is expected that CCS demonstration projects will transit to commercial projects gradually around 2025-30.

Consequently,

during the 4th Asia CCUS Network (ACN) Forum, a. commercialization of CCS/CCUS business including establishment of appropriate legal and regulatory framework, b. CCU/Carbon Recycling to focus on policy and economic aspects, and c. collaboration with Carbon Management Challenge will be discussed as main topics. In addition, several signing ceremonies of MOU/MOC between Japanese organizations and ASEAN organizations such as the national oil companies will be held during the forum. The 4th Asia CCUS Network forum will be kicked off by opening remarks by VIPs of Thailand energy sector and President of ERIA, followed by congratulatory speeches from VIPs of the member countries of ACN as well as keynote speeches from heads of international organizations related with CCS/CCUS such as IEA and GCCSI. A panel discussion among selected advisory group members of ACN will be also held to discuss CCS/CCUS business regulations and government policy supports.

After the 4th ACN forum, METI, Japan and ERIA will hold a press conference to deliver the press release which summarizes the forum.

August 2024
15 August
9:00 AM - 9:10 AM

Welcome Address

15 August
9:10 AM - 9:20 AM

Guest of Honor Welcome Remarks

15 August
9:20 AM - 9:40 AM

Guest of Honor Opening Remarks and Official Opening Ceremony

15 August
9:40 AM - 9:50 AM

Opening Remark

15 August
9:50 AM - 10:00 AM

Opening Remark

15 August
10:00 AM - 10:10 AM

Keynote Speech

15 August
10:10 AM - 10:20 AM

Welcome Address

15 August
10:20 AM - 10:30 AM

Opening Remark

15 August
2:00 PM - 2:20 PM

Session 2: Signing Ceremony of MOU and MOC

15 August
2:20 PM - 2:40 PM

Break

15 August
2:40 PM - 3:40 PM

Session 3: Panel Discussion on CCU (Carbon Recycling)

15 August
3:40 PM - 4:40 PM

Session 4: Panel Discussion on CCUS Policy, Regulation and Financing for Carbon Management

15 August
4:40 PM - 4:50 PM

Wrap-up

15 August
4:50 PM - 5:00 PM

Closing Remarks

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Thursday, August 15, 2024 | 09:30 – 17:00 Bangkok Time (UTC+0700)

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