Industry Minister: "Do Your Best for Early Commercialization of Core Carbon Neutrality CCUS Technology"

Sung Yun-mo Visits CCS Testbed at Chungnam Gongju University Yesan Campus... Encourages Researchers

On July 16, Sung Yun-mo, Minister of Trade, Industry and Energy, explaining the main contents of the 'Green New Deal' policy. (Image source=Yonhap News)

[Asia Economy Reporter Moon Chaeseok] Sung Yun-mo, Minister of Trade, Industry and Energy, visited the CCS testbed at Gongju University Yesan Campus in Chungnam at 11 a.m. on the 4th to encourage researchers.

Minister Sung visited the site to check the status of CCS technology development, understand the difficulties faced by researchers, and establish effective government support measures such as investment in technology development.

Generally, carbon capture, utilization, and storage technologies are collectively called CCUS (Carbon Capture Utilization and Storage), which is a combined concept of carbon capture and utilization technology 'CCU' and carbon capture and storage technology 'CCS'. The testbed Minister Sung visited that day is a CCS facility.

CCUS is considered almost the only technology capable of post-treatment of greenhouse gases, excluding forest absorption and ocean absorption. It is evaluated as a technology that must be developed to achieve carbon neutrality (net zero carbon emissions) by 2050.

A government official explained, "CCS is a project that stores greenhouse gases deep in the ocean or underground, while CCU is a project that creates products such as petroleum, cosmetics, and fuels to increase added value."

The CCS storage demonstration testbed visited by Minister Sung that day artificially implements components of marine CCS storage facilities, including reservoirs, subsea pipelines, coastal terminals, and offshore platforms.

Through CO2 injection demonstrations, technical problems that may occur during the actual CO2 storage process are resolved. Injection operation technologies are advanced according to various changes in reservoir conditions. It also serves as a platform for training CCS operation personnel.

Minister Sung said, "I hope researchers will do their best in the development and early commercialization of CCUS technology, which is a core technology for carbon neutrality," and added, "The government will also actively support CCUS technology to grow as a new industry for climate response."

He emphasized, "To increase public acceptance of CCUS, it is important to assure the public of facility safety," and urged, "Please secure safety-related technologies from the development stage and pay special attention to preventing safety accidents during the research process."

This content was produced with the assistance of AI translation services.