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BPH Energy Limited (BPH.AX) Investee Advent CCS Forum Presentation
Perth, Australia, Sep 30, 2021 - (ABN Newswire) - Carbon capture and storage technologies are one of five priority areas for investment under the Government's Technology Investment Roadmap.
Minister for Energy and Emissions Reduction Angus Taylor said "Carbon capture technologies would be critical to achieving net zero emissions from power generation, natural gas and hydrogen production as well as process emissions from heavy industries like cement and fertiliser production".
"Australia has the potential to be a world leader in geo sequestration. We have the right geology and storage basins" Minister Taylor said. 1 March 2021
Low Emissions Technology Statement September 2020.
The Statement outlines five priority technologies and economic stretch goals to make new technologies as cost-effective as existing technologies.
- Hydrogen production under $2 per kilogram.
- Long duration energy storage (6-8 hours or more) dispatched at less than $100 per MWh
- Low carbon materials -low emissions steel production under $900 per tonne, low emissions aluminium under $2,700 per tonne.
- CCS -CO2 compression, hub transport, and storage under $20 per tonne of CO.
- Soil carbon measurement under $3 per hectare/ year
Josh Frydenberg 24 September 2021 Address to the Australian Industry Group, Melbourne Capital markets and the transition to a low emissions future 'The global transition is likely to lead to increased demand for clean energy and associated critical minerals exports, and the creation of new markets such as clean hydrogen and carbon capture and storage.'
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About BPH Energy Limited:
BPH Energy Limited (ASX:BPH) is an Australian Securities Exchange listed company developing biomedical research and technologies within Australian Universities and Hospital Institutes.
The company provides early stage funding, project management and commercialisation strategies for a direct collaboration, a spin out company or to secure a license.
BPH provides funding for commercial strategies for proof of concept, research and product development, whilst the institutional partner provides infrastructure and the core scientific expertise.
BPH currently partners with several academic institutions including The Harry Perkins Institute for Medical Research and Swinburne University of Technology (SUT).
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BPH Energy Limited
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