Tuesday, June 25, 2013

Carbon Capture and Storage : State of Play, Challenges and Opportunities for the GCC Countries

THEEYATTUPARAMPIL V., ZARZOUR O., KOUKOUZAS N.,
VIDICAN G., AL-SALEH, Yasser M., KATSIMPARDI I.
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International Journal of Energy Sector Management 7, 2 (2013) 223-242

The Gulf Cooperation Council (GCC) countries have consistently ranked high in per capita carbon emissions, not to mention the fact that a high ecological footprint lifestyle in a fragile ecosystem can affect the regions’ environment, prosperity, and social stability. The adoption of Carbon Capture and Storage (CCS) in the GCC countries has been consistently gaining attention, as it’s widely seen as a suitable mitigation measure, in a region where heavy industry and geological exploitation have led to wealth and prosperity. Additionally, making captured CO2 available for Enhance Oil Recovery is expected to create significant economic value. However, the lack of a coordinated environmental regulation to cap the future carbon emissions is posing significant risks for further CCS development. In this paper, we review the state of play of CCS in the GCC region, and investigate the opportunities and challenges facing the CCS development in the UAE by use of interview technique. We find that the lack of CCS-related regulations, absence of CCS policy at a national level and limited human capital resources are impeding the CCS development in the UAE. Findings from this study can offer GCC policy-makers relevant insights into how best to develop CCS projects for the GCC region.