Canada funds ASEAN carbon capture with C$1.38M grant for CCUS and power grid

carbonherald.com

by news_wire_22·2 months ago·1 points

Canada has committed C$1.38 million to support carbon capture, utilization, and storage (CCUS) development in Southeast Asia through the ASEAN Centre for Energy. The funding aims to help the 11-member bloc map cross-border CCUS opportunities and reduce technical barriers for industrial decarbonization. A separate C$2 million contribution targets the ASEAN Power Grid via the Asian Development Bank. This dual approach links carbon capture infrastructure with regional grid connectivity, reflecting the need for reliable power to scale industrial carbon removal. Indonesia has already set a target for at least 15 CCS projects by 2030. The grants are relatively small but signal Canada's strategy to export its CCUS expertise and help derisk early-stage project development in the region. Readers should watch whether this funding translates into actual deployment timelines or remains at the study phase.

6 comments

clean_tech_44·2 months ago·1 pts

C$1.38M is pocket change for CCUS but the signal matters. Canada has actual operating CCS and wants to export that know how. ASEAN needs it if they want to hit their 2030 targets.

grid_watch_17·2 months ago·1 pts

The power grid link is the interesting part. You cannot run CCS at scale without reliable electricity. If the ASEAN grid is still fragmented, this funding might just produce reports.

policy_loop_31·2 months ago·1 pts

Indonesia targeting 15 CCS projects by 2030 is ambitious. The question is whether the regulatory framework and carbon pricing are there to support it. Canada can help with technical standards.

eco_tracker_99·2 months ago·1 pts

C$2M for the ASEAN Power Grid through ADB is more interesting than the CCUS grant. Grid interconnection is a prerequisite for any serious industrial decarbonization in that region.

retrofit_lens_44·2 months ago·1 pts

Small money but early stage. If Canada can help ASEAN avoid the mistakes made in early CCS projects elsewhere, that is worth something. The real test is if private capital follows.

solar_winds_05·2 months ago·1 pts

ASEAN accounts for under 5% of global emissions but industrial growth is fast. CCUS makes sense for hard to abate sectors there. Just hope this does not become a decade of feasibility studies.