Recent Publications

Taiwan Economic Research Monthly Advancing Net-Zero Transition Through CCS Technology and CFEC System ‧ To achieve the Paris Agreement goals, net-zero emissions by 2050 have become a global target. As renewable energy costs decrease, this drives the low-carbon transition in energy markets. However, industries like power, steel, petrochemicals, and cement cannot achieve net-zero transition through renewable energy alone. Both IEA and IPCC propose Carbon Capture and Storage (CCS) technology as a solution. Countries have introduced various CCS policies and subsidies to accelerate net-zero goals. In regulation, many nations have established long-term carbon storage monitoring frameworks ensuring safe CCS implementation. Yet, in social communication strategy, effectively conveying benefits and safety to the public remains a major challenge. This month's featured articles examine CCS developments in policy, technology, regulation, and commerce. They promote CCS technology and industrial ecosystem growth through international cases, covering international CCS policy dynamics, hub project business models, CCS integration in thermal power plants, and analyzing how storage monitoring frameworks and social communication strategies can advance CCS adoption. Additionally, implementing CFEC to grant carbon-free power benefits to thermal plants enhances commercial viability and market appeal, fostering an industrial ecosystem toward net-zero grid development. The articles provide multiple perspectives on global CCS development across sectors, from policy and technical implementation to commercial applications, exploring possibilities for domestic energy-intensive industries through international experience.