4 Frequently Asked Questions about “Financing for Cement Plant Folding Container Grid-Connected Projects - Shore Power Energy”
Should cement plants be connected to offshore storage sites?
Cement plants are preferentially connected with nearby offshore storage sites to reduce overall CO 2 transportation costs and occasionally benefit from offshore EOR. Onshore storage requires a longer average transportation distance (91 km) than offshore storage (31 km) considering the corresponding routes.
How can CCUS be implemented in the cement industry?
Cooperation between the government and local cement companies should be facilitated and funding should be allocated to support CCUS-ready plants in the early phases of implementation. Additionally, the adoption of mandatory CO 2 emission reduction policies can further drive the deployment of CCUS in the cement industry.
How many CCUS-ready cement plants are there?
Considering a 90% capture rate, the final number of CCUS-ready cement plants is 603, with a maximum CO2 emission of 0.60 Gt·a −1. CCUS implementation in these plants would result in a peak reduction of 43.8% relative to the total CO 2 emissions in 2020.
How many cement plants will fail to meet CCUS retrofit criteria?
Out of the total 1132 existing cement plants, 213 will fail to meet the CCUS retrofit criteria due to having a clinker production capacity below 2500 t clinker·d−1 and an insufficient remaining operational time (< 15 years) for CCUS deployment.
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