CStore1: Asia-Pacific’s First Floating Carbon Capture Hub

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CStore1: Asia-Pacific’s First Floating Carbon Capture Hub

Key takeaways

DeepC Store is securing up to 15 million tons of CO2 offtake from Japan and engaging with international suppliers for their CCS projects in Australia.

The CStore1 project has a 3 million tons per annum CO2 injection capacity, focusing on innovative low-pressure and temperature liquefied CO2 transportation technology.

DeepC Store faces challenges in policy support and social acceptance in Australia but aims to commercialize its first project by 2030.