Korea Carbon Capture & Sequestration R&D Center
The Korea Carbon Capture & Sequestration R&D Center (KCRC) is an institution in Daejeon, South Korea, specialized in Carbon Capture & Sequestration (CCS) R&D. The Korean government has selected CCS technology as part of core technologies for green growth, and has established the National Comprehensive Plan for CCS to commercialize and ensure the international competitiveness of CCS technology by 2020. As part of the plan, the Ministry of Science, ICT and future Planning (MSIP) has developed the ‘Korea CCS 2020 Project' to secure the best original technology of CCS and established KCRC on December 22, 2011.
Vision
The vision of KCRC is to build a research basis and develop innovative original CCS technology by integrating Korea's CCS research capabilities.
Carbon Capture and Sequestration (CCS)
Carbon Capture and Sequestration (CCS) is a technology to capture the large quantities of carbon dioxide (CO2) normally released into the atmosphere from the use of fossil fuel in power generation and other industries, transport the captured/compressed CO2 to a location for permanent storage site, and inject it into deep underground geologic formations to securely store it or convert it into useful materials.
Korea CCS 2020 Project
Goal
- To secure original CCS technology to economically capture CO2 from large final emitters
Overview
- Periods : November 1, 2011 ~ May 31, 2020 (Approximately 9 years)
- Budgets : 172.7 billion KRW
- Supported Subcontract Projects (as of 2013) : 42 Industry-University-Institute including Korea Institute of Energy Research, Korea Research Institute of Chemical Technology, Korea Institute of Science & Technology, Seoul National University, Korea University, Yonsei University, Korea Advanced Institute of Science and Technology, University of Texas, and University of California
- Participants : 600 researchers with master's and doctoral degrees
Major Roles
Implement Korea CCS 2020 Project
- Develop innovative original CCS technology
- Secure more than 4 types of 3rd generation original CO2 capture technology
- Demonstrate Korea's first integration technology for 10,000 tons of CO2 capture-transport-storage and secure core technology
- Develop more than 2 original technologies for CO2 conversion applicable to large final emitters
Build CCS Infrastructure
- Think Tank for CCS Technology Policy
- Develop R&D policy and research planning
- Establish R&D portfolio
- Promote CCS public acceptance
- Improve CCS legal system
- Build a network through international cooperation in the field of CCS
- R&D planning and outcome management
- Plan R&D through moving targets
- Promote commercialization through core technology spin-off and technology transfer
- Disseminate outcomes by operating IPR Trust System
- Information Exchange Platform for CCS Technology
- Develop and operate professional CCS education & training programs
- Provide information on the analysis of CCS R&D and policy trends of Korea and other countries
- Integrate research capabilities by holding Annual Korea CCS Conference