Kawasaki Kisen Kaisha,Ltd. (hereinafter ”K” LINE), Nippon Gas Line Co., Ltd.(hereinafter NGL) and Ochanomizu University will participate in the New Energy and Industrial Technology Development Organization (NEDO) project, “CCUS R&D and Demonstration Related Project/Large-scale CCUS Demonstration in Tomakomai/Demonstration Projection CO2 Transportation” on consignment from Engineering Advancement Association of Japan (hereinafter ENAA) and promote the development for the social implementation of liquified CO2 maritime transportation, according to the company’s release.
CCUS (Carbon dioxide Capture, Utilization, and Storage)is a technology that can capture, effectively utilize and store the CO2 emissions from fossil power generation and industrial processes. CCUS is expected to play a key role in contributing to the achievement of Carbon Neutrality by 2050. “K” LINE, NGL, Ochanomizu University, and ENAA will jointly develop technologies for liquefied CO2 marine transportation and contribute to the realization of long-distance / large-scale CO2 transportation enabling cost reduction through the development of CCUS technology in the demonstration project.