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Energy Solutions

  • Eco-friendly Solution
  • Energy Solutions
  • Carbon Capture Storage system(CCS)

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Catalog​

Carbon Capture Storage
system
(CCS)​

Product Information​

Pan-CCS™ (Carbon Capture and Storage System)
is a device for isolating carbon dioxide from the
atmosphere, which is emitted from large emission
sources such as power plants, steel and cement
factories, and ships due to the use of fossil fuels.​

Air pollution caused by carbon dioxide generated from the use of
fossil fuels in industries is serious, so many efforts are being made
to reduce greenhouse gases both domestically and abroad.​

Applications

For Ship

Capacity : 1 / 2 / 3 CO2 ton/h ~
Purity : 99.9% CO2
feature : Changing concentration of CO2
Space limitation
CCS for marine condition
Load change of engine

For Industrial Plant

Capacity : 5 / 10 /15 CO2 ton/h ~
Purity : 99.9% CO2
feature : Large scale of CCS
Long-term Stability
Cost efficient

For Hydrogen Generation System

Capacity : 80 / 200 / 400 CO2 kg/h
Purity : 99.9% CO2​
feature : High concentration of CO2
Modular design
High purity of CO2

Offshore carbon capture/storage system

Offshore regulations​

EEDI (Energy Efficiency Design Index) & EEXI (Energy Efficiency Existing Ship Index)
  • New & Current Ships EEDI​
  • Target index to reduce CO2 emissions per average transport work by N% by N years compared to 2008
  • It refers to the amount of CO2 emitted when a ship transports 1 ton of cargo for 1 nautical mile.​
  • When a ship is built, the EEDI must be calculated to meet the phase reduction rate for each year.​
CII (Carbon Intensity Indicator)
  • Carbon Intensity Rating System
  • The Carbon Intensity Rating is for international sailing ships of 5,000 GT or more.
  • Carbon intensity indicator (CII) means a value quantifying the efficiency of a ship based on ship operation data.​
  • Ratings from A to E are given according to the degree of improvement in the annual CII achievement compared to the annual CII requirement.​

Alternatives to offshore
regulations​

  • EEDI

    ESD (Energy Saving Device)​

    Air Lubrication System (ALS)​

    Wind Assisted Ship Propulsion (WASP)​

    Eco-Friendly Alternative Fuel Ship

    CCS (Carbon Capture and Storage System)

  • EEXI

    Shaft/Engine Power Limit​

    ESD (Energy Saving Device)​

    Conversion to green fuel (almost impossible due to engine replacement required)​

    CCS (Carbon Capture and Storage System)

PANASIA’s offshore
carbon-neutral solution​

Onshore carbon capture/storage system

Onshore regulations​

Reorganization of "Greenhouse Gas Emissions Trading Scheme", the core of the 2050 decarbonization policy​

In order for Korea to achieve the goals set forth in the Paris Agreement, it was argued that technological development as well as the overhaul of the law, institution, and implementation system were urgently needed.
As a follow-up measure, the implementation organization of the emission trading system (offset system) promotion system, which had been in effect since 2015, was reorganized.​​​​

In the greenhouse gas emissions trading system, the government assigns greenhouse gas emission rights on a yearly basis to businesses that emit greenhouse gases so that they can emit greenhouse gases within the allocated range, evaluates the actual greenhouse gas emissions of these allocated businesses, and allows transactions between businesses for emission rights.​ ​

  • Concept of emission trading system

  • Allocation of carbon emissions
    for
    the 3rd plan period (2021-2025)

- Strict limits on emissions

  • The government sets clear greenhouse gas reduction targets
    and allocates emission allowances to each economic entity
    participating in the emission trading system.​
  • It provides a predictable emission path by accounting for gradually
    decreasing total emission allowances, thereby sending a long-term
    market signal to companies and investors.​

*Korea's carbon credit trading system has been in effect since January 1, 2015 in accordance with the “Act on Allocation and Trading of Greenhouse Gas Emission Permits” (May 2012), which was enacted pursuant to the Article 46 of the “Framework Act on Low Carbon, Green Growth (January 2010)”​

Alternatives to on-shore regulations​

  • 01

    Trading of carbon credits​

  • 02

    Transition to green fueled power plants

  • 03

    Installation of CCS (Carbon Capture and Storage System)

PANASIA's on-shore carbon neutral solution

Research facility & technology development

CSS Test Barge Facility

  • Panasia OCCS(Onboard Carbon Capture and Storage system) obtains Korea's first basic Approval in Principle (AIP) for shipboard carbon capture system (KR)

Development of proprietary catalyst production technology

Optimized Solvent Development

  • Solvent optimized for ships​
  • Efficiency improvements such as renewable heat,
    corrosion resistance, etc.​​
  • Efficiency improvements such as reusable thermal
    energy and corrosion resistance​​
  • Cost savings​