The high cost of the tech is the reason why reviewers question its efficacy and why most businesses are hesitant to use it.
For instance, the power sector in Indonesia produced 600 million kilograms of CO2 in 2021, necessitating billions of dollars annually in coal storage for the nation’s electricity plants.
According to Dr. Belladonna, Indonesia intends to establish CCS hubs where various factories may promote a single point-source catch facility.
She claimed that because many businesses share the same facilities, facilities, costs, and liabilities, economics will be less expensive.
She stated that Java and Borneo are now two potential locations for Indonesia’s second CCS centers. Research on the two places ‘ viability are still being done.
A Purple Fish And A VIABLE SOLUTION?
According to experts, using CCS systems to cut carbon emissions is a Catch-22 because it paradoxically increases oil companies ‘ ability to produce more fossil fuels.
According to Mr. Leonard Simanjuntak, chairman of the environmental organization Greenpeace in Indonesia, the fossil fuel industry is attempting to buy more time with the aid of CCS systems and continue producing oil and gas.
Indonesia’s desire to develop into a local CCS hub comes as crude creation is declining. The nation’s annual production has increased to about a second from what it was roughly three decades ago, and in the early 2000s, it started to import goods.
The region’s oil production reached a peak of 2.96 million barrels per day in 1994, according to the energy department of Indonesia. Production has been rapidly declining. Indonesia produced 1.01 million barrels of oil daily next year.