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Interchange Recharged

The Interchange: Recharged - Live at Wood Mackenzie's CCUS Conference - Part 1

Interchange Recharged

Wood Mackenzie

Innovation, Tech News, Climate Change, Energy, Technology, Fossil Fuels, Wind Energy, Solar Energy, Business, Cleantech, News, Renewable Energy, Alternative Energy, 908174, Environment

4.8535 Ratings

🗓️ 13 October 2023

⏱️ 56 minutes

🧾️ Download transcript

Summary

Carbon Capture, Utilization and Storage is evolving rapidly from a niche market to a mainstream investment theme. To explore the technology, financing and science behind this key piece of the energy transition puzzle, industry leaders and analysts met in Houston for Wood Mackenzie’s CCUS Conference.

The Interchange: Recharged was there, capturing the best conversations and debate from a packed day of discussion. Across two full episodes, we bring you the thoughts and insights from industry experts, as they examine the potential for CCUS to solve some of our biggest challenges in decarbonizing. Will it be the key to decarbonising hard-to-abate sectors? How much more development does the technology need? And where does the carbon actually go once it’s captured or sequestered? 

David kicks things off with the opening remarks from Wood Mac’s head of CCUS research: Mhairidh Evans. She explores the current state of the market and highlights some of the existing CCUS infrastructure and projects around the world that are leading the way.

George Bilicic, Vice Chairman of Investment Banking, Global Head of Power, Energy & Infrastructure at Lazard is joined by Ed Crooks, Vice-Chair Americas at Wood Mackenzie, as they look at the regulatory environment for CCUS activities, and the complex route of finalising financial decisions (FID) for projects.

Tim Duncan from Talos Energy, and Chris Powers from Chevron New Energies are next to join in the podcast studio, fresh from a panel discussion on stage in which they looked at the opportunities for corporates in the CCUS space. What are the challenges for operators? What are the key needs to scale a CCUS business?

There’s an interesting link between green hydrogen and CCUS; this partnership is explored in depth by next guest Mercy Renteria, National Business Development Manager of Hydrogen and CCS at Endress+Hauser. Mercy’s background in oil and gas, and transition to green technology operation, is indicative of the wider shift across the industry. She stresses the need for collaboration in reaching net zero: as we say often on the show, the energy transition will need a multitude of technologies, working in tandem to achieve net zero.


Don’t forget to subscribe to the show, and check out part two of our special live broadcast from the conference in Houston, with insight from Exxon Mobil, Wood Mackenzie, Emerson and Compact Membrane Systems.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

Click on a timestamp to play from that location

0:00.0

This is the interchange recharge, a Wood McKenzie production. I'm David Bammer.

0:15.1

It's been a very busy year for events in the clean energy industry. In June, we were in San Francisco

0:20.5

from the Solar and Energy Storage Summit.

0:23.0

And recently, our sister podcast, The Energy Gang,

0:26.1

hosted Woodmanx annual hydrogen conference in London.

0:28.9

And today I'm in Houston at the Hotel Zaza Memorial City

0:32.2

to add carbon capture, utilization, and storage

0:35.4

to our podcast energy mix.

0:38.3

We've done solar, we've done hydrogen, now it's time to examine CCUS.

0:43.3

On the show today, we're joined by leading industry figures and analysts to help us explore

0:48.3

the opportunities, challenges, and technologies that are driving CCUS from a niche market to a mainstream piece of the Net Zero puzzle.

0:57.0

So we're here set up in the main hall to kick off the CCUS conference.

1:14.6

And as you can probably hear, the place is buzzing.

1:17.6

A lot of excitement for the conference today.

1:19.6

So we just heard from Vari Evans, head of CCUS research in Wood Wikens.

1:25.6

I'm about to grab her and have her join us in the chair and get her

1:29.4

thoughts to kick off the event and start our podcast today.

1:32.7

Very welcome to the show. Thank you. Great to be here. Yeah, thanks for joining us. So you

1:39.4

kicked off the CCUS conference this morning with a great presentation, very insightful. I took a lot

1:45.3

out of it. What are some of the key themes? David, first of all, it was important to us to be here

1:51.3

in Houston for our first ever CCUS conference because it's really where the action is happening.

1:55.9

One of the things that we were keen to get across is just how much potential we see, first of all, in carbon capture

...

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