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International CCS developments and the Clean Energy Ministerial James Godber Department of Energy and Climate, UK. CCS in the Clean Energy Ministerial. What is the Clean Energy Ministerial? “A global forum accelerating the transition to clean energy technologies.” Where does CCS fit in? - PowerPoint PPT Presentation
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International CCS developments and the Clean Energy Ministerial
James GodberDepartment of Energy and Climate, UK
CCS in the Clean Energy Ministerial
• What is the Clean Energy Ministerial?
“A global forum accelerating the transition to clean energy technologies.”
• Where does CCS fit in?
Carbon Capture Use and Storage (CCUS) Action Group launched 2010. Brought together governments, businesses and organisations to advance the deployment of CCS.
2
CCS in the Clean Energy Ministerial
• What was the outcome of the ministerial in April?
3
Financial gap
Legal and Regulatory
CCS in Industry
CO2 Storage
Marine Treaties
Developing Countries
Knowledge Sharing
Recommendations:
CCS in the Clean Energy Ministerial
• What was the outcome of the ministerial in April?
4
Recommendation for Funding Support in Developing Countries
• “By CEM3; Identify and advance appropriate funding mechanisms to support the demonstration of large-scale projects in developing countries”
• No new coal fired power stations without CCS
• Committed up to £1billion for the first CCS demonstrator
• Committed to funding three further CCS demonstration projects
• Wider regulatory reforms introduced to underpin deployment of CCS: Electricity Market Reforms, Carbon Price Floor, Emissions Performance Standard, Infrastructure Consultation
• Contracts for first demo project to be signed soon for operation to start 2014/15
The UK Government’s Commitment to CCS