The Clean Energy Ministerial CCUS Initiative (CEM CCUS) and the Global Cement and Concrete Association (GCCA) announced an agreement that will help scale up the deployment of carbon capture, utilization and storage (CCUS) throughout the industry.
CEM CCUS is a group of 14 member countries, including Canada, the United States and Mexico, who have joined forces to accelerate CCUS together.
Central to the agreement will be exploring incentives, policy frameworks and finance solutions at a global level that can enable industrial-scale CCUS projects over the next 10 years. The two organizations will work together to ensure the long-term deployment of CCUS, beyond 2030, via both policy and technological development.
“We see carbon capture as a vital lever for the global cement industry to achieve its ambitious goal of net-zero concrete by 2050,” said Thomas Guillot, CEO of GCCA. “We are starting to see the first CCUS projects already emerge. We have mapped 35 projects announced and underway across the world and up to 100 additional projects are also in the pipeline among our member companies who operate all around the globe.
“This is good progress, but we cannot achieve our decarbonization mission alone. CCUS is a key enabling technology, and it is a critical area for collaboration to ensure that government policy, enabling infrastructure and wider investment is in place. That is why the partnership with the Clean Energy Ministerial CCUS Initiative is so important, to help unlock and accelerate further progress and deployment,” Guillot concluded.
The agreement sets out the role CCUS can have in safely and effectively delivering a net zero future and facilitates the identification and mapping of potential cement-sector CCUS projects. It will explore the transport and storage infrastructure needs involved in integrating cement CCUS projects into strategic CCUS transport and storage hubs. The agreement will also help to foster project partnerships and lead to acceleration of projects in developing economies.
