The good news is this technology already exists. Whats more, New 厙ぴ勛圖is perfectly positioned to do this decarbonisation cheaper than anywhere else on the planet.
And the timing couldnt be better, with the governments first泭泭(released yesterday) calling for bold projects and innovative solutions.
We research how to burn forestry waste for electricity while simultaneously capturing the emissions and trapping them in geothermal fields. Since forests remove CO2泭from the atmosphere as they grow, this process is emissions negative.
This also means a carbon tax can be turned into a revenue. With New Zealands CO2泭price at an all-time high of泭, and overseas companies announcing泭泭to purchase offsets, now is time for cross-industry collaboration to make New 厙ぴ勛圖a world leader in decarbonisation.
Bioenergy with carbon capture and storage
Artificial carbon sinks are engineered systems that permanently remove CO2泭from the atmosphere.
Bioenergy with carbon capture and storage (BECCS) achieves this by trapping the CO2泭from burned organic matter trees, biowaste deep underground. An added bonus is that the energy released during combustion can be used as a substitute for hydrocarbon-based energy.
The Intergovernmental Panel on Climate Change (IPCC)泭泭climate mitigation pathways must include significant amounts of BECCS to limit global warming to 1.5. However, the technology is still new, with泭泭泭around the world currently operating at scale.
Cost is a major barrier. New projects need expensive pipelines to move the CO2, and deep injection wells to store it underground. Because CO2泭is more buoyant than water, there are also concerns that any gas stored underground might leak out over time.
This is where geothermal fields can help.
Geothermal systems for BECCS
Geothermal is a reliable source of energy in New Zealand, supplying almost 20% of our electricity. We use deep wells to tap into underground reservoirs of hot water, which then passes through a network of pipes to a steam turbine that generates electricity.
Afterwards, the water is pumped back underground, which prevents the reservoir from drying out. New 厙ぴ勛圖companies are world leaders at managing geothermal resources, and some are even泭泭the small amounts of CO2泭that come up with the geothermal water.
Herein lies the opportunity. Geothermal systems already have the infrastructure needed for a successful BECCS project: pipelines, injection wells and turbines. We just need to figure out how to marry these two renewable technologies.
We propose that by burning forestry waste we can supercharge the geothermal water to higher temperatures, producing even more renewable power. Then, CO2泭from the biomass combustion can be dissolved into the geothermal water like a soda stream before it is injected back underground.
Projects in泭泭and泭泭have shown that dissolving CO2泭in geothermal water is better than injecting it directly. It cuts the cost of new infrastructure (liquid CO2泭compression is expensive) and means reinjection wells built for normal geothermal operation can continue to be used.
Unlike pure CO2泭that is less dense than water and tends to rise, the reinjected carbonated water is about 2% heavier and will sink. As long as equal amounts of geothermal water are produced and reinjected, the CO2泭will stay safely dissolved, where it can slowly turn into rocks and be permanently trapped.
How do the numbers stack up?
Our泭泭shows that geothermal BECCS could have negative emissions in the order of -200 to -700 grams of CO2泭per kilowatt hour of electricity (gCO2/kWh). Compared to about 400 gCO/kWh of positive emissions from a natural gas power plant, this is a dramatic reversal of the energy-emissions trade-off.
Applied to a geothermal system the size of Wairakei (160 megawatts), a single geothermal BECCS system could lock away one million tonnes of CO2泭each year. This is equivalent to taking two hundred thousand cars off the road and, at current prices, would net tens of millions of dollars in carbon offsets.
These could be traded via the Emissions Trading Scheme to buy valuable time for industries that have been slow to decarbonise, such as agriculture or cement, to get down to net zero.
Even better, most of New Zealands geothermal fields are located near large forests with expansive forestry operations. Estimates put our forestry waste generation at around泭泭each year. Rather than leaving it to rot, this could be turned into a valuable resource for geothermal BECCS and a decarbonising New Zealand.
We can start doing this now
According to the IPCC it is for countries to dramatically decarbonise their economies. Geothermal BECCS is a promising tool but, as with all new technologies, there is a泭.
Teething problems have to be worked through as costs are brought down and production is scaled. New 厙ぴ勛圖has a chance to get on that curve now. And the whole world will benefit if we do.
The success of geothermal BECCS will turn on new partnerships between New Zealands geothermal generators, manufacturers and the forestry sector. Forestry owners can help transition wood waste into a valuable resource and drive down gate costs.
Most importantly, geothermal operators can leverage their vast injection well inventories and detailed understanding of the underground to permanently lock up atmospheric carbon.
With the government泭泭and investing billions in a泭, now is the perfect time to make geothermal BECCS work for Aotearoa New Zealand.
This article was originally published on泭.