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The amount of CO2 captured is set to increase by 800MT over the next 10 years driven by improvements in technology and advancements in policy. To meet this scale, 70-100 projects are needed each year through 2050. To get there a rapid deployment of the ready now technology will be necessary. This presentation will provide an overview of technology and recent developments including: Carbon Capture is crucial to any sustainability/net zero target achievement; Carbon Capture Solutions are available at scale today and what to consider when optimizing a solution for capture, transport and utilization or storage.

Fluctuations in the petroleum and renewable fuel markets and changes in the RVO requirements set by EPA have combined in recent years to reduce the number of excess RINs available in the “RIN Bank.” Further depletion of the RIN Bank would have a significant, direct impact on the price of RINs and add significantly to the compliance costs of obligated parties. 

In this session, we will assess various plausible scenarios for the future of the RIN bank balance.

Digitalization is expected to have a significant impact on energy systems and the opportunities are obvious - from smart grids, to optimized energy systems to improved weather forecasting enabling renewable power to be managed more effectively. LyondellBasell has embarked on a multi-year project to address the hidden inefficiencies within their global business by harnessing the power of Artificial Intelligence and Machine Learning globally. In this talk LyondellBasell will discuss where they are developing and embedding artificial intelligence and digital technologies. 

Specific use cases include: 

• Logistics
• Equipment Effectiveness 
• Yield and Production Optimization 
• Inventory Optimization 
• Reliability 

Committee Members Only