{"id":82146,"date":"2024-02-01T00:00:00","date_gmt":"2024-02-01T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2024\/02\/01\/indonesia-will-allow-ccs-operators-to-accept-carbon-from-overseas\/"},"modified":"2024-02-01T00:00:00","modified_gmt":"2024-02-01T00:00:00","slug":"indonesia-will-allow-ccs-operators-to-accept-carbon-from-overseas","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2024\/02\/01\/indonesia-will-allow-ccs-operators-to-accept-carbon-from-overseas\/","title":{"rendered":"Indonesia will allow CCS operators to accept carbon from overseas"},"content":{"rendered":"

<\/strong>Indonesia will now permit its carbon capture and storage (CCS) operators to set aside <\/strong>30% of their storage capacity for carbon from overseas<\/strong>, Reuters<\/a> reports. The new regulation also allows oil and gas companies to use depleted reservoirs or aquifers in their blocks for CCS operations. The stored CO2 can originate from various sources, including oil and gas activities, refineries, power plants, and industrial processes, both within Indonesia and abroad.<\/p>\n

There are some limitations:<\/strong> Indonesia will receive carbon only from companies that have invested in the country or from firms that are affiliated with such companies and the incoming carbon will be subject to royalties collected by the government, the newswire writes. In addition, the country from which the carbon originates must have a bilateral agreement with Indonesia. <\/p>\n

\n

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US-based renewables developer <\/strong>NextEra Energy<\/a><\/strong> plans to sign supply agreements up to 3 <\/strong>GW to capitalize on the \u201cexplosive growth\u201d of data center development in the US<\/strong>, Bloomberg<\/a> reports, citing comments made by NextEra CEO Rebecca Kujawa on an earnings call last week.<\/p>\n

Why does this matter?<\/strong> Data centers \u2014 facilities<\/a> composed of networked computers, computing infrastructure, and storage systems \u2014 are energy guzzlers, using up some 200 TWh<\/a> of energy annually. The sector generated some 300 metric tons of CO2equivalent globally in 2020, according to International Energy Agency<\/a> research.<\/p>\n

China is looking to become a green data hub:<\/strong> In 2022, the use of energy-efficient green computing data centers mitigated some 16 mn tons<\/a> of CO2 equivalent in the country and saved c. 19.5 GW of energy. Last year, China began drafting a framework for establishing clean energy data centers in the Chinese city of Hohhot, noting it holds 57% of the country\u2019s wind energy sources and 21% of its solar capacity.<\/p>\n","protected":false},"excerpt":{"rendered":"

30% of storage capacity will be allocated for overseas CO2 emissions.<\/p>\n","protected":false},"author":1,"featured_media":82147,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[71],"tags":[70,214,68,11,295],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-82146","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-around-the-world","tag-around-the-world","tag-carbon","tag-carbon-storage","tag-enterpriseclimate","tag-indonesia","wpautop","entry"],"acf":{"mongo_id":"566a55ef-efb3-40ad-b009-96a309eeb815","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/1\/2764.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Indonesia will allow CCS operators to accept carbon from overseas","related_issue":[82134],"teaser":"30% of storage capacity will be allocated for overseas CO2 emissions.","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/2\/.a7dbf0ec-1520-46db-8d00-fa1cf0af576e.mp3"},"yoast_head":"\nIndonesia will allow CCS operators to accept carbon from overseas - 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