{"id":81275,"date":"2019-07-12T00:15:00","date_gmt":"2019-07-11T22:15:00","guid":{"rendered":"http:\/\/beta.next-finance.net\/news\/total-and-ifpen-team-up-to-accelerate-carbon-reduction-rd\/"},"modified":"2019-07-12T00:15:00","modified_gmt":"2019-07-11T22:15:00","slug":"total-and-ifpen-team-up-to-accelerate-carbon-reduction-rd","status":"publish","type":"post","link":"http:\/\/beta.next-finance.net\/en\/news\/total-and-ifpen-team-up-to-accelerate-carbon-reduction-rd\/","title":{"rendered":"Total and IFPEN Team Up to Accelerate Carbon Reduction R&#038;D"},"content":{"rendered":"<p>The agreement has two parts:<\/p>\n<ul>\n<li> <strong>A strategic R&#038;D partnership on carbon capture, utilization and storage (CCUS)<\/strong> aims to reduce the cost of infrastructure and improve the CCUS chain\u2019s energy<br \/>\nefficiency to secure its large-scale deployment. The partnership steps up the longstanding collaboration between Total and IFPEN by marshaling additional<br \/>\nresources. The research will focus on fields related to new materials, process scaleup, underground carbon storage in deep saline aquifers, technical and economic<br \/>\nfeasibility studies and the quantification of environmental benefits for the entire<br \/>\nCCUS chain.<\/li>\n<li> <strong>The Carbon Management and Negative CO2 Emissions Technologies to NetZero Carbon Future Chair<\/strong> will help train a new generation of international<br \/>\nresearchers and experts who will develop technologies to reduce carbon in the<br \/>\natmosphere. Overseen by a scientific committee comprised of world-renowned,<br \/>\nindependent experts, the chair will bring together seven doctoral and five postdoctoral researchers for five years. <\/li>\n<\/ul>\n<p>Following the signature of the agreement, Patrick Pouyann\u00e9, Chairman and CEO of Total,<br \/>\nstated: <em>\u201cWe are delighted to accelerate the R&#038;D partnership between Total and IFPEN. We<br \/>\nwant to pool our innovation capabilities to reduce the cost of CCUS technologies and improve<br \/>\ntheir efficiency \u2014 both of which are necessary for large-scale deployment. Total wants to help<br \/>\nmake the planet carbon neutral and boost the competitiveness of an industrial-scale CCUS<br \/>\nsector.\u201d<\/em><\/p>\n<p>Didier Houssin, Chairman and CEO of IFPEN, commented: <em>\u201cIFPEN has been actively<br \/>\nresearching carbon capture, utilization and storage technologies for nearly 20 years. Our<br \/>\nstrengthened partnership with Total will allow us to combine our teams\u2019 skills and know-how with Total\u2019s and thus to accelerate the deployment of CCUS technologies, which are a key<br \/>\nsolution for drastically cutting CO2 emissions.\u201d<\/em><\/p>\n<p>According to the International Energy Agency\u2019s (IEA) Sustainable Development Scenario,<br \/>\nwhich corresponds to a less than 2\u00b0C rise in the global average temperature, it will be<br \/>\nnecessary to capture and store 6 billion tons of carbon by 2050. This will require developing<br \/>\nviable, cost-competitive CCUS technologies. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u2014 IFP Energies Nouvelles (IFPEN) and Total announce that they signed<br \/>\na strategic R&#038;D partnership yesterday, that includes an agreement to endow a chair at the<br \/>\nIFP School, on carbon capture, utilization and storage (CCUS) and technologies to curb<br \/>\nCO2 emissions. The roughly \u20ac40 million partnership covers a period of five years. <\/p>\n","protected":false},"author":20,"featured_media":81273,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1470],"tags":[1849,1671,1826,1682,1744,1746,1453,2103],"_links":{"self":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/81275"}],"collection":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/comments?post=81275"}],"version-history":[{"count":0,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/81275\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media\/81273"}],"wp:attachment":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media?parent=81275"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/categories?post=81275"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/tags?post=81275"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}