Greensand provides effective CO2 storage, achieving a relative greenhouse gas avoidance of approx. 94%.
This means that 94% of the CO2 which would have otherwise been emitted will be stored. The remaining 6% is the GHG footprint attributed to operating the CCS value chain from liquefaction to transport and storage operations.
The 94% figure is based on an extensive Life Cycle Assessment (LCA), assuming the most conservative cases on energy consumption in the value chain, covering the processes from liquefaction of the CO2, transport and storage operations.
We expect efficacy to improve as new technologies and solutions reduce the carbon footprint of storage operations, further enhancing the project’s effectiveness in mitigating climate change.