About Carbon Capture and Storage
Carbon capture and storage (CCS) is a process where carbon dioxide (CO2) from sources such as power stations and industrial processes is captured and stored securely deep underground or deep under the bed of the sea.
Also known as carbon geosequestration, this set of technologies is being explored by many countries around the world, including Australia, via Victoria's CarbonNet Project. The project is one method of potentially reducing greenhouse emissions. Victoria has already led the way in this field with the establishment of the Otway Project in 2008, which has demonstrated the geosequestration concept.
Victoria is well suited to apply CCS technologies. It is home to some of the world's best potential storage sites, in the Gippsland Basin; and these are located close to Victoria's Latrobe Valley, a significant source of the carbon emissions.
More than half of Victoria's greenhouse gas emissions currently come from electricity generation. CCS has the potential to significantly reduce these emissions, and allow Victoria to continue to benefit from its vast and inexpensive brown coal reserves. It also has the potential to enable new uses of brown coal, with far lower greenhouse impacts.
This technology may be one of a number of solutions to ensure Victoria has reliable, secure and affordable energy, with low carbon emissions to meet our future energy needs.