TECO 2030: Carbon Capture Storage technology able to reduce CO2 emissions by 30-40% 11 May 2021 A Carbon Capture and Storage (CCS) feasibility joint study conducted by Maritime engineering and green equipment development company, TECO 2030 ASA and AVL List GmbH (AVL)Â have found Carbon Capture and Storage to be technically and financially viable. TECO 2030 will now begin a pilot development to focus on verification and optimization of the technologies test for maritime applications, it said on Wednesday (5 May). The company noted an average capsize ship with a yearly consumption of approximately 15,000 tons of bunker fuel will emit about 45,000 tons of CO2 emissions. These CO2 emissions can be reduced by 30-40% with TECO CCS technology onboard and have a large impact on the shipâs Energy Efficiency Index (EEXI) and Carbon Intensity Index (CII), it believes.