Agreement on Establishing Korea-UK CCUS Research Cooperation Platform, Korea Side Preparatory Committee Inauguration Ceremony Held

November 17, Korea CCUS Promotion Team - Professor Kim Jong-min of University of Cambridge

Korea-UK CCUS Research Cooperation Platform Established ... Research Exchange Agreement Signed

The Korea CCUS Promotion Group (Co-Co-Chairmen Kim Dong-seop of Korea National Oil Corporation and Kim Tae-gyun of Korea Electric Power Corporation) held the launching ceremony of the Korea-UK CCUS Research Cooperation Platform (tentative name: KUCAP, Korea UK CCUS CooperAtive Platform) Preparatory Committee on November 30.

Professor Jongmin Kim of the University of Cambridge, UK (center), and staff members of the Korea CCUS Promotion Team are taking a commemorative photo.

This launching ceremony was based on the research exchange agreement signed between the Promotion Group and Professor Kim Jong-min’s team from the University of Cambridge, UK, on November 16-17. Both teams agreed to establish the Korea-UK CCUS Research Cooperation Platform to promote CCUS technology innovation, improve efficiency, ensure safety, and accelerate commercialization through cooperation in the entire CCUS cycle including capture, utilization, storage, and transportation.

The research cooperation platform aims to contribute to achieving global net-zero targets by leveraging advanced technologies, strengthen Korea’s CCUS sector capabilities, and create exemplary cases of international cooperation.

The research cooperation platform consists of a Committee and Working Groups, with Kwon Yi-gyun, head of the Korea CCUS Promotion Group, and Professor Kim Jong-min of the University of Cambridge serving as co-chairs of the Committee. The Working Groups will be composed of Korean and UK researchers who will conduct research and cooperation activities on mutually agreed topics.

The Preparatory Committee was formed with the goal of holding the first regular exchange meeting of the Korea-UK CCUS Research Cooperation Platform in the UK around March to April next year. The Preparatory Committee is chaired by Kwon Yi-gyun, head of the Korea CCUS Promotion Group, and organized with about 10 experts including Yoo Jeong-gyun, Center Director (Korea Institute of Energy Research), Kim Gu-young, Center Director (Korea Institute of Geoscience and Mineral Resources), Cho Hwan-joo, Center Director (Korea Institute of Geoscience and Mineral Resources), Kim Hee-sik, Center Director (Korea Research Institute of Bioscience and Biotechnology), Kim Kyung-shin, Senior Research Fellow (Korea Maritime Institute), and Professor Ahn Jin-ho (Seoul National University).

Kwon Yi-gyun, head of the Korea CCUS Promotion Group, stated, “The Korean government is making large-scale investments and promoting technology development for the commercialization of CCUS technology with the goal of achieving net-zero by 2050. Efforts are being made to promote full-cycle CCUS technology development and foster industry through establishing legal grounds for CCUS promotion. Through research cooperation with the UK, which has high CCS capabilities and technology levels due to North Sea oil and gas field development and is expanding investments in CCUS-related technology development, we aim to contribute to the mutual development of the CCUS sectors of both countries and further contribute to achieving global net-zero targets.”

The joint Korea-UK CCUS research topics will be derived through expert seminars and consultation meetings of both countries at the regular exchange meeting next year, and additional research personnel confirmation and scope of activities will be specified by the Preparatory Committee.

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