Atlas Copco Energas in Cologne - Part of Gas and Process Division - hosted Mona Neubaur, Minister for Economic Affairs, Industry Climate Action and Energy in Germany's most populated state.
The purpose of Neubaur's visit was to discuss CO2 reduction strategies with the Atlas Copco Energas team - and to learn more about the compression technology that can help in making this happen.
It's one of the major pieces in the global energy transition "puzzle": Carbon Capture Utilization and Storage (CCUS) technology puts CO2 to use (for example as a feedstock), or helps store it safely, thereby reducing emissions. In fact, CCUS can applied in many industries, well beyond "traditional" CO2-intensive sectors such as hydrocarbons.
“CCUS needs different pillars to be feasible,” said Daniel Springmann, General Manager of Atlas Copco Energas. “It requires technology to compress CO2 reliably and safely - this has long since been available - in terms of technology, at a very mature level. But commercial carbon management projects must also have a favorable legislative framework to support: And here's where we just need to pick up a lot more speed in Germany."
How to deal with CO2: Changing communication and perception
With a massive CO2 compressor package bound for the United States serving as the backdrop, Neubaur (a member of North Rhine-Westphalia's Green Party and also Deputy Governor) pledged such political support. However, she also explained the challenges and priorities.
"In the bigger picture, we want to pursue and communicate a CO2 reduction strategy built on technological innovation. However, with our state still producing an abundance of CO2, the primary focus in CO2 capture needs to be on abatement in general," said Neubaur.
With a GDP of close to BEUR 800 per year – more than most national economies in the world - North Rhine-Westphalia is emitting 40 percent of Germany's CO2. This means there is not only vast potential for CO2 abatement in general, but also for smart solutions that help use (or store) CO2.
Springmann and Neubaur agreed that both industry and the political sphere need to get to a point where CO2 is more widely viewed as a potential resource - rather than just waste.
We are here to provide solutions that can make a difference, today, tomorrow and the day after tomorrow. We hope you will join us!