Climate Change Crisis is a global issue that focuses on preparing for and preventing impacts that will occur. This requires pushing and participation from many sectors. which in the context of Thailand has responded to the global trend with the announcement of Thailand’s intentions in terms of goals ‘Carbon Neutrality’ by 2050 and Net Zero emissions target by 2065.
However, the main sectors that need to adjust Adjust the operational plan to be in line with this mission, which is the country’s energy organization. Recently, the PTT Group has announced its intention to adhere to business operations in accordance with sustainable development guidelines that cover all dimensions, including economy, society and the environment.
The main strategy to overcome this mission of the PTT Group is the vision framework. Powering Life with Future Energy and Beyond by setting goals and operating directions in accordance with the policies and goals of the country through technology cooperation under the PTT Group Technology Committee (GTC) in managing to reduce greenhouse gas emissions together in the PTT Group
In this regard, the pilot study of the application of Carbon Capture and Storage (CCS) technology in the form of CCS Hub Model CCS is a technology that has the potential to store millions of tons of CO2 per year. and be stored in a potential and suitable geologic layer in a safe and permanent manner (Permanent Geological Storage) without being released back into the atmosphere.
This project will begin to study in PTT Group operating areas in Rayong and Chonburi provinces. This cooperation is an important model for expanding the results to the national level in the future to help drive the organization and Thailand to achieve its goals. Carbon Neutrality and Net Zero concretely Enhance the development of the country towards sustainability.
driven CCS Hub Model Through the intention of the organization, PTT Group achieves the goal. Carbon Neutrality & Net Zero
recently Noppadon Pinsupha Chief Operating Officer, New Business Group and Infrastructure PTT Public Company Limited Together with the PTT Group executives, they jointly announced the intention of the PTT Group to achieve goals. Carbon Neutrality & Net Zero with a tool called CCS Hub Model
start from Kanita Sasawatayu Executive Vice President Engineering and Development Group, PTT Exploration and Production Public Company Limited, said
“PTT Exploration and Production Public Company Limited or PTTEP foresees that the current energy business has transitioned to a low-carbon business. The company is determined to use its knowledge and expertise in the geosciences. and engineering from the petroleum exploration and production business. Let’s continue to develop CCS, which is a technology that many The country has adopted it and has good results.”
“By 2021, PTTEP began to study CCS technology at Arthit Project in the Gulf of Thailand, which is said to be the first CCS initiative in Thailand.”
“And at the moment, a feasibility study has been completed and is in the process of pre-FEED study. Have experience from abroad to study CCS in other areas to support various industrial sectors Carbon dioxide can be captured and safely stored in the prepared geological shale.”
“including CCS Hub Model This is a collaboration of the PTT Group, where PTTEP, as the main responsible person, will study the possibility of developing a CCS project with companies in the PTT Group to be able to move forward to the next level. effective net zero greenhouse gas emissions target.”
side Warawan Tippawanich Executive Vice President Corporate Strategy Division, PTT Global Chemical Public Company Limited gave information regarding the operations in the corner of the GC Group that
“In the past year GC Group As a leader in the international chemicals business to create quality of life which is a subsidiary of PTT have pledged to the Paris Agreement and become one of the solutions to the problem of global warming By setting ambitious goals and a clear roadmap and budget, the GC has set a goal of net zero emissions reductions by 2050, which will be implemented through three approaches:
- 1. Efficiency-driven Focusing on efficiency in every process
- 2. Portfolio-driven restructuring Step into a low-carbon business
- 3. Compensation-driven Carbon offsets through reforestation
“Including participating in a study on the application of Carbon Capture and Storage (CCS) technology in the form of the CCS Hub Model, GC is ready to drive the implementation of the CCS project to achieve the Net goal. Zero of PTT Group and the country in the future.”
Jeerawat Patanasomsit Senior Executive Vice President-Electricity Business Innovation and Digital Business Thai Oil Public Company Limited further explained that
“With a vision “Creating quality of life with sustainable energy and chemicals.” Thaioil is committed to creating a sustainable future by building on its business potential. produce environmentally friendly products and manage the sustainability of Thaioil Group for the economy, society and environment to grow together to achieve the Thaioil Group’s Net Zero emission reduction target by 2060.”
“And Carbon Capture and Storage (CCS) technology is critical to the Net Zero Pathway including the energy transition to clean hydrogen, known as Blue Hydrogen. will play a very important role in the future. The results of this study will help create effective cooperation between NGOs and the public sector and play an important role in driving the organization and the nation. achieve the target of reducing greenhouse gas emissions as set out.”
for Somkiat Lertritpuwadol Senior Executive Vice President, Strategy, Planning and Corporate Business Development, IRPC Public Company Limited, spoke regarding IRPC’s intention to operate business according to the company’s vision. “Creating innovations in the use of materials and energy for a perfect life.” We believe that business can grow in parallel with taking care of society, community, nature and environment. By adhering to the United Nations Sustainable Development Guidelines and Social Responsibility.
“We continue to deliver on our commitments while continuing to drive our strategy towards Net Zero Emission by defining guidelines and management in areas to reduce our carbon footprint, including advocating for the use of alternative energy. by building a floating solar garden in the company’s reserve raw water well on a total area of more than 200 rai with a capacity of 12.5 megawatts”
and used for the production process in the factory It is considered to be an integration of business value that enhances energy security. and environmental that help reduce global warming from renewable energy can reduce greenhouse gas emissions by more than 9,459 tons of carbon dioxide equivalent per year or equivalent to planting trees on the whole island of Samet, approximately 10,000 rai.”
“Including the implementation of refinery efficiency improvement projects and diesel fuel quality improvement. According to the Euro 5 standard (Ultra Clean Fuel Project: UCF), which will help reduce PM 2.5 pollution problems and meet the company’s policy. The commitment to becoming an Eco Factory is expected to be ready for commercial production in early 2024 and the pursuit of new low-carbon technologies, products and businesses.”
“In this regard, IRPC is confident that this cooperation will be part of the pilot study. CCS Hub Model technology master to manage and reduce greenhouse gas emissions And it is the first step that PTT Group will drive the project together. for our country and the world.”
and the last executive to express the vision is Rosaya Thienwan Executive Vice President, Business Development, Global Power Schinergy Public Company Limited, said that this cooperation is an important step for GPSC to jointly study the application of carbon dioxide capture and storage technology ( CCS), which is one of the technologies to reduce greenhouse gas emissions. that are being developed to be practical in a large commercial scale To drive the organization and Thailand to achieve the goals of Carbon Neutrality and Net Zero Emission concretely.
“GPSC, as PTT Group’s energy flagship, aims to become one of the three leading companies in energy innovation for sustainability in Southeast Asia. There is a great opportunity to apply CCS technology to capture the carbon dioxide (CO2) that destroys the atmosphere into the soil or its source. which reduces the risk factors for environmental pollution This technology is now being used in many countries around the world for fossil fuel-powered power plants. Therefore, I am confident that this joint study of the PTT Group will lead to success and can be further extended to other areas.”
Learn from a model organization of Thailand that is outstanding in many areas.
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