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27 July 2021

CREON Energy to host conference on carbon capture utilization and storage

CREON Energy will host an international conference Carbon Capture Utilization & Storage (CCUS) 2021 on September 28. The event will take place at the Baltschug Kempinski Hotel in Moscow, Russia.

Due to the growing engagement in EU’s Carbon Border Adjustment Mechanism (CBAM) and the implementation of ESG standards, CCUS technologies are capable of significantly reducing the carbon footprint of industry and energy products.

Russian companies serving the domestic market will also face increased requirements for greenhouse gas emissions amid the ambitious policy of the Russian government to decarbonize the Russian economy. Thus, restrictions on CO2 emissions will affect not only exporters to the European Union due to the introduced carbon tax. Also, there is a connection between CCUS technologies and the production of low-carbon hydrogen.

“Taking into account the capabilities of Russian companies, they can find a niche on this market and play a significant role globally”, said Sandjar Turgunov, CREON Energy CEO.

Key topics of the CCUS conference are:

  • The influence of the European Green Deal on the Russian industry and export;
  • Review of existing CCUS technologies;
  • CCUS and hydrogen production
  • CCUS projects: implemented, announced, planned;
  • Possibilities of Green project financing;
  • Possibilities of Russian companies in providing CCUS infrastructure (equipment, pipes, pumps, etc.);
  • The “Operator” of the CCUS project – whether the concept can be implemented in Russia and who is ready to execute projects;
  • Russia’s capabilities in storing CO2;
  • Measures of state support.

A wide range of stakeholders will take part in the conference – e. g. representatives of industrial enterprises, electric power companies, oil and gas companies, oil and gas refineries, suppliers and developers of technologies and equipment as well as leading research institutes.

The participants will discuss the main issues of the industry and work out a unified development strategy. Participation is paid, for registration issues you can contact Elnara Yakubova: ey@creon-group.com