Seosan and Boryeong in Chungnam Selected as Demonstration Sites for 'CCU Megaproject'

Large-scale government projects for carbon dioxide capture and utilization (CCU) are being promoted in Seosan and Boryeong, Chungnam Province.

According to Chungnam Province on the 23rd, the Ministry of Science and ICT has selected Seosan and Boryeong, Yeosu in Jeonnam, Gangneung and Samcheok in Gangwon, and Pohang in Gyeongbuk as sites for the CCU mega project.

CCU is a technology that collects carbon dioxide emitted from power generation and industrial processes and converts it into useful substances such as methanol, secondary battery materials, and sustainable aviation fuel (e-SAF).

Major developed countries around the world are presenting CCU technology as a key means to achieve carbon neutrality, and the International Energy Agency expects that CCU technology will account for about 15% of the total global carbon dioxide reduction by 2070.

The Ministry of Science and ICT plans to establish a successful business model for carbon dioxide capture and utilization through the mega project.

In Seosan, the project will be carried out on land within the Hanwha TotalEnergies site, and in Boryeong, on land at the Korea Midland Power coal yard. The project budgets are approximately 200 billion KRW and 150 billion KRW, respectively, with the province and each local government providing administrative and financial support.

The province expects that if the two projects pass the preliminary feasibility study and are fully launched in 2026, the commercialization of CCU technology will accelerate rapidly.

Governor Kim Taeheum said, "This will be an opportunity for Chungnam to overcome the stigma of being the largest carbon dioxide emitting region and to leap forward as a center of the new future eco-friendly energy industry, e-SAF."

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