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The CarbonNet Project:
A solution for
carbon removal

13 November 2023

Japan CCS ForumNovember 15 2023

Jane Burton
Project Director, The CarbonNet ProjectOFFICIALOFFICIAL

CarbonNet is a government funded project• Established in 2009, CarbonNet is funded by the
Commonwealth and Victorian State governments• The project’s Final Investment Decision is scheduledfor 2024.

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Victoria’s emissions reduction target‘To achieve net zero emissions by 2045’=
CCUS is required in all major global and Australian carbon
abatement modelling scenarios*, even when renewable energy
provides 100% of our power needs.
*International Energy Agency (IEA), International Renewable Energy Agency (IRENA), Intergovernmental Panel on Climate Change (IPCC), CSIRO, and NetZero Australia Report – Princeton, UoM, UoQ, Nous

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We are a CO2 transport and storage project

100km

Underground pipeline
480km | 20km

OnshoreOFFICIAL

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We have two permitted sites in the Gippsland Basin

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CO2 is captured at industrial facilities,
compressed and delivered to an offtakepoint

The Concept
CO2 Pipeline• 100km long
• 6 million tonnes of CO2 per year

Latrobe Valley

The liquid CO2 is transported along apipeline to the Pelican geologicalstorage site

Gippsland Basin

Offshore• 4-6 subsea injection
wells• Monitoring assets

The CO2 is stored permanently in porous rock,just like oil and gas (including CO2) has been for
millions of years
Pelican Reservoir• Up to 168 Million
tonnes capacity

The site is monitored for environmental markers toconfirm safe containment and allow a quick response to
any non-routine situations.

PelicanOFFICIALOFFICIAL

Where will the CO2 come from?
SteelHydrogen
New industriesfor Gippsland

Hard to abate sectors

Urea/Fertiliser

CementDirect Air Capture

Negative emissions
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Bioenergy

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Significant due diligence has been completed“The Pelican site presents considerable positive indicators that it is a CO2 storage site of significant
potential to achieve stable and safe storage of 150mt-CO2 with 5mtpa+ CO2 sequestration for 30years” AKER Solutions Report for HESC/Sumitomo, 2021
Modelling the Pelican site
Modelling of the Pelican site was independently reviewed by:• Geoscience Australia• The British Geological Survey• CSIRO• The Geological Survey of Victoria
Modelling was also externally certified by world-leading CCS experts from Det Norske Veritas.

Completed investigations include• 2017-2019 GippNet study (Uni of Melb, CO2CRC)• 2018 Marine Seismic Survey• 2019 Geophysical Survey• 2019 Geotechnical Survey• 2019/20 Offshore Appraisal Well
• 2020-22 Extensive core sample analysis at world-class labs
•9 2023 CSIRO review

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Front End Engineering Design (FEED)
Completion early 2024
FEED will provide CarbonNet with:•Cost estimate•

Materials and construction timeline•Single option and multiple sub options•Size of equipment (e.g. diameter of pipeline)•Process & instrument diagrams•

Readying the project to procure long lead equipment

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Regulatory Overview
On-ShoreandOffshore
PipelineApprovals

Pipeline Consultation Plan approved by the Pipeline Regulator• Landowner liaison underway to achieve Land Access Agreements forsurvey work•

Collaborating with other projects in the region•

Onshore and Offshore Pipeline approvals (Commonwealth & State)

Various other approvals are required, which include• Environment Effects Statement (State)

Other Approvals

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Environmental Impact Statement (Commonwealth)•Declaration of Storage (Commonwealth)•Injection Licence (Commonwealth)•Sea Dumping Permit (Commonwealth)•Approvals expected to be complete in 2026, pending regulator
timeframes.

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Regulatory process

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Collaboration and Coexistence
Working towards a collegiate coexistence with other sectors and building confidence acrosscommunity aimed at reducing consultation fatigue

MarinusLink

Renewable
EnergyInfrastructure(VicGrid,AusNet etc)

Gas Storage
infrastructure

CarbonNet

Offshore
WindProjects

13Offshore
Petroleum
Tenement
Holders

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Community engagement

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Community Engagement activities
Engagement

Audience

PurposeCN Community Reference Group

Gippsland Community Members

Create community conduit, test
communication

Online community information
sessions

Community and stakeholders

Raise awareness and knowledge of CCS,
Hydrogen and CarbonNet

In person information sessions atGolden Beach

Shoreline community

Provide updates and answer questions
regarding project & offshore activities

School programHigh school students

Provide balanced information on CCS andan emissions reduction technologies

Science Week events

Community and school kids

Raise awareness and knowledge of CCS
and CarbonNetReports, papers and presentations

Business, industry & academia

Share knowledge about the project

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CarbonNet and Japan
MoUs signed with:• JOGMEC• JCOAL• JCCSCo
CarbonNet has a long and established relationship with Japanese organisations• JOGMEC have provided financial support toward CarbonNet’s Front End Engineering Design (FEED)• Long standing and deep relationship with HESC
• CarbonNet and JOGMEC continue to deliver joint investment seminars in Japan• Participation by CarbonNet in Japan Clean Coal Day activities

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Keep up to date:

Subscribe to our enews

www.vic.gov.au/CarbonNet

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