WHAT DOES CCUS STAND FOR:
Carbon capture, usage, and storage (CCUS) is a technology that could capture and make effective use of the immoderate concentrations of CO₂ emitted by way of commercial activities. consequently, it has a key feature to play in decarbonization and addressing the undertaking of world weather trade.
as an instance: apparent examples are heavy industries like making of steel and energy technology that makes use of natural gas or biomass. CCUS capture costs are not one hundred percent efficient, so there’ll although be some residual emissions.
IMPACT OF THE ECONOMIC POTENTIAL OF CCUS IN PAKISTAN’S FUTURE:
Although Pakistan has a minuscule proportion of the global GHG emissions, it’s been highly prone to adverse impacts of climate change. Despite the fact that, it recommends performance improvement and retrofitting of the planned percent plants with carbon capture and storage (CCS) technology for emission abatement. The policy evaluation of climate change mitigation measures and NDC concerning the energy area has now not been conducted so far, particularly in the context of Pakistan’s large expansion in coal-fired power capability. Pakistan’s backside-up electricity region model is used to integrate long-term economic and demographic projections with discrete energy and emission mitigation rules to forecast emissions profile in the longer term and estimate emission abatement expenses.
Mitigation of Greenhouse Gas Emissions:
Pakistan, like many other countries, faces challenges related to greenhouse gas emissions, primarily from its energy and industrial sectors. CCUS technologies can help mitigate these emissions by capturing carbon dioxide (CO2) before it is released into the atmosphere.
Power Safety and Diversification:
As Pakistan aims to diversify its energy mix, CCUS can facilitate the continuing use of fossil fuels, including natural gas and coal, while lowering their environmental impact. this is especially critical as Pakistan maintains to cope with power security concerns and stability in its strength portfolio.
Helping Industries:
CCUS may be included in diverse industrial strategies, which include cement and steel manufacturing, which can be large contributors to carbon emissions. By means of implementing CCUS in those industries, Pakistan can beautify the sustainability of its industrial area and appeal to investments in cleaner technology.
Job creation and Economic growth:
The development and deployment of CCUS projects can create activity possibilities and stimulate economic growth. This consists of jobs related to project development, construction, operation, and preservation of CCUS facilities.
Meeting Climate Goals:
By incorporating CCUS into its country wide techniques, Pakistan can reveal its dedication to addressing weather change and meeting international weather goals. This could enhance the country’s worldwide standing and potentially result in partnerships with other nations in weather-associated projects.
Research and Development Opportunities:
Investing in CCUS presents opportunities for research and development, fostering innovation in clean-strength technology. Pakistan can leverage those improvements to stay at the leading edge of sustainable improvement and enhance its technological abilities.
However, it’s essential to keep in mind demanding situations such as technological feasibility, cost-effectiveness, public acceptance, and regulatory frameworks even as implementing CCUS projects. Addressing those demanding situations will be critical to unlocking the overall economic capacity of CCUS in Pakistan’s future.