The 7th International CCUS Forum Held in Beijing

March 17-18, 2023, the 7^th International Forum on Carbon Capture Utilization and Storage (CCUS) was successfully held in Beijing. As a CCUS intrustry annual event, the forum was received strong support from  the Ministry of Science and Technology (MOST), the Ministry of Industry and Information Technology (MIIT), the Ministry of Natural Resources (MNR), the Ministry of Ecology and Environment (MEE), the State-owned Assets Supervision and Administration Commission (SASA), and the National Energy Administration (NEA). The forum attracted nearly 600 attendees, including senior government officials, business executives, expertsand scholars from more than 10 countries in the energy sector,  and science and technology sector. The forum was conducted in a hybrid format, offline in Beijing PetroChina Science and Technology Exchange Center, and livestream globally in Chinese and English. 

Invited by the meeting organizer, ECP supported this forum at very early planning stage and helped recommend, invite and coordinate international speakers and participants. ECP helped to invite the international energy companies such as ExxonMobil, ConocoPhillips, Saudi Aramco, Equinor，Baker Hughes, AspenTech, Howden, and Bureau Veritas etc. Several of these companies shared their insights and experiences on the low carbon transition, and shared the latest cutting-edge CCUS technologies.

The theme of this two-day forum is "for a shared Low-carbon Future" and offers a diverse range of content including keynote presentations, invited reports, panel discussion, and sub-forums. Over 20 distinguished guests from academics, energy companies, international organizations, research institutions, and universities delivered presentations on various aspects of carbon capture, transportation, storage, and utilization technology innovation, as well as industrial development paths. The forum also served as a platform to exchange information on international experience and cooperation opportunities while discussing critical topics such as carbon markets and finance, policies and regulations, and business models, facilitating comprehensive and in-depth discussions.

The global CCUS technology has been in development for over four decades, with significant progress made in the field of CO2 oil drive, resulting in a wealth of research and practical experience. The CCUS industry is still in its early stages of commercialization due to economic cost constraints. However, from a technical point of view, relatively mature technologies can be used for reference in various aspects. Ding Zhongli, vice chairman of the Standing Committee of the 14th National People's Congress and academician of the Chinese Academy of Sciences, attended the forum and stressed that "the development of CCUS industry-wide technology is crucial to promot China's green and low-carbon development. " To support CCUS industry to further achieve high-quality development, we need to adopt a two-pronged approach involving government and market forces. Firstly, we must clarify the strategic positioning of CCUS and promote its large-scale application demonstration. Secondly, we must accelerate CCUS industry alliances and innovation consortiums, strengthen international cooperation, and establish a sound technical standards system. During the forum, several experts mentioned the importance of "demonstration of major large-scale CCUS projects", which has been clearly stated in the 14th Five-Year-Plan of China.

CCUS is an important technology for achieving carbon neutrality, and its development scale will grow rapidly. In the next five years of major large scale CCUS project demonstration planning, international energy cooperation will have unprecedented development opportunities. ECP is committed to working closely with relevant international and domestic partners in the CCUS industry to promote China's carbon neutrality efforts and achieve the global carbon neutrality goal at an early date.