Industrial Carbon Capture coverage.
Overview
Industrial carbon capture projects in India are in an early stage, with a handful of cement and steel sector pilots issuing credits. V4 rates these credits with a focus on facility-specific baseline accuracy and capture rate verification. The energy penalty of operating capture equipment is a critical factor that some projects understate. V4's assessment uses BEE plant-level energy audit data to establish facility baselines and independent measurement of captured volumes.
Sample ratings
Illustrative ratings drawn from the V4 database. Project codes are anonymised.
Quality in the industrial carbon capture category
Industrial carbon capture credits from India are few in number and variable in quality. The nascent nature of the category means methodology application is inconsistent. Projects that have undergone third-party engineering review of capture systems tend to score higher.
States covered
Common issues in industrial carbon capture credits
- -Capture rate claimed at design specification rather than verified operational rate
- -Energy penalty for capture operations understated
- -National average baseline used instead of facility-specific data
- -Permanence of mineralised or sequestered carbon not independently verified