Carbon Transport and Storage Corporation Pty Ltd (CTSCo) is a wholly owned, ‘non-profit’ subsidiary of Glencore, one of the world’s largest diversified natural resource companies. It is a special purpose entity created to conduct the Integrated Surat Basin CCS Project on behalf of all of the Project funders.
The Project was established to demonstrate the technical viability, integration and safe operation of Carbon Capture and Storage (CCS) in the Surat Basin to benefit all emitters of CO2 including coal-fired power stations, industry production of cement, iron, steel, fertilisers and chemicals.
The knowledge gained from this Project will be very important in demonstrating the criteria required to develop CCS in a safe, scalable and cost-effective manner across Australia.
The Assessment Process
This grant-funded demonstration project is in the study stage and will be subject to a range of assessments and approvals processes including environmental, social and technical aspects, under local, State and Federal Government regulations. These will all need to be successfully completed prior to the demonstration project commencing test operations.
Working With the Local Community
CTSCo is committed to working closely with local communities and fully investigating the economic, environmental, social and cultural implications of the proposed project. In 2015 independent community baseline research was undertaken to better understand the issues and attitudes of the Wandoan community. The results from this research have helped shape the local engagement program and drive the ongoing interaction with this community.
A technical advisory group with leaders in the resources sector, academia and research areas ensures a best practice approach is applied in all aspects of the project including stakeholder and community engagement.
Funders of the Feasibility/FEED stage (2014 to 2018) include:
$15.24m: COAL 21 Fund – Managed by Australian Coal Association Low Emissions Technologies Ltd (ACALET).
$8.775m: Department of Industry Innovation and Science (DOIIS) has also granted $8.775 million of Australian Government funding.
Several separate research and development projects have been carried out by the Australian National Low Emissions Coal Research and Development (ANLEC R&D).
The pre-feasibility study stage (2009 to 2012) was funded by the Australian and Queensland Governments, as well as ACALET, and hosted by Glencore, as part of the Australian Government’s Carbon Capture and Storage Flagships program.
CTSCo is committed to working closely with local communities and fully investigating the economic, environmental, social and cultural implications of the proposed project.