Dept. of Resources, Energy & Tourism
The Department of Resources Energy and Tourism is managing the funding of $8.851 million for the CO2CRC Otway Project. This fund was originally provided by the Department of the Environment and Heritage, through the Australian Greenhouse Office (AGO). The Australian Government considers Carbon Capture and (geological) Storage (CCS) technology to be an important component of the solution for addressing climate change and ensuring a sustainable future for Australian industry.
The Otway Project will demonstrate the potential for this technology in Australia and provide an invaluable insight into the practical application of CCS technologies, in particular the deployment of Monitoring and Verification (M&V) technologies.
