Summary:
The document outlines a collaborative research project between the ASEAN Centre for Energy (ACE) and the Japan Organization for Metals and Energy Security (JOGMEC), aimed at advancing the decarbonization of energy-intensive industries in Southeast Asia, particularly focusing on Indonesia, Malaysia, Thailand, and Vietnam. The project's main objective is to review and analyze the existing regulatory frameworks for carbon capture and storage (CCS) and cross-border CO2 transport within the ASEAN region.
Key Points:
- Collaborative Effort: The project builds upon the history of successful collaboration between ACE and JOGMEC, notably in the Oil Stockpiling Road Map (OSRM) initiative, which focused on capacity building and technical studies for ASEAN member states.
- JOGMEC's Commitment to Decarbonization: JOGMEC's "Carbon Neutral Initiative" aligns with ACE's commitment to energy sustainability, emphasizing the importance of advancing CCS technologies in ASEAN's journey towards a net-zero future.
- Scope and Objectives: The project aims to review existing policies and regulatory frameworks related to CCS in selected ASEAN countries, identify challenges and opportunities for cross-border CO2 transport, and develop strategies for the deployment of CCS and related technologies.
- Deliverables: Key deliverables include a review of existing policies, a detailed analysis of CO2 cross-border transportation challenges and opportunities, and recommendations for advancing the adoption of CCS technologies in the region.
- Focus Area: The report focuses specifically on CCS, providing insights into the policies and regulatory frameworks associated with CCS in Southeast Asia, rather than a comprehensive analysis of broader environmental, economic, or political factors.
Methodology:
The project employs a comparative analysis of regulatory frameworks across selected ASEAN countries, identifies key challenges and opportunities for CO2 cross-border transport, and utilizes expert contributions from various governmental and academic entities within the region.
Outcomes:
Expected outcomes include enhanced understanding of the regulatory landscape for CCS in ASEAN, identification of potential barriers to cross-border CO2 transport, and recommendations for policy adjustments to facilitate the adoption of CCS technologies, thereby contributing to the region's sustainable energy transition and alignment with net-zero targets.
