THE GLOBAL STATUS OF CCS: 2012

Global CCS Institute Webinar

24 October 2012

THE GLOBAL STATUS OF CCS: 2012

Key Institute publication

Comprehensive coverage on the state

of CCS projects and technologies

Progress outlined since 2011

Challenges and recommendations for

moving forward

Access at www.globalccsinstitute.com

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BARRY JONES

General Manager – Policy and Membership

• Responsible for the Institute’s work on

CCS economic, policy, legal and

regulatory issues, capacity development,

and membership relations.

• Extensive senior executive experience

with Australian Government departments

and agencies in the fields of energy and

resources, climate change, industry

policy, and small and medium enterprise

issues.

• Formal qualifications include a Bachelor

of Science and Master of Public Policy

from the Australian National University.

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HOLGER BIETZ

General Manager – Projects, Financial and Commercial

• Responsible for the Institute’s Project

Collaboration activities including

technology public engagement, financial

and commercial issues

• Broad leadership experience with RWE

Group, with accountability for planning

and development of large-scale energy

infrastructure projects in the sector.

• Education includes legal and business

management credentials and a graduate

of the Australian Institute of Company

Directors.

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You can submit questions

to us simply by typing

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QUESTIONS

1. Action is needed now to ensure CCS can play a vital role in

tackling climate change

2. CCS is already contributing, but progress must be accelerated

3. Steady progress but important developments

4. Encouraging policy support but more required

5. Barriers must be overcome to realise the benefits of CCS

6. Reducing the cost of technology through demonstration

projects is vital

7. Acceleration of CCS depends on collaboration and knowledge

sharing

The Global Status of CCS: 2012

KEY MESSAGES

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KEY MESSAGE ACTION IS NEEDED NOW TO ENSURE CCS CAN

PLAY A VITAL ROLE IN TACKLING CLIMATE CHANGE

Global CO2 emissions

SOURCE: Conway

and Tans (2012),

NOAA/ESRL.

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KEY MESSAGE

Energy-related CO2 emission reductions by technology

SOURCE: IEA

NOTE: Percentages

represent share of

cumulative

emissions

reductions to 2050.

Percentages in

brackets represent

share of emissions

reductions in the

year 2050.

ACTION IS NEEDED NOW TO ENSURE CCS CAN PLAY A VITAL ROLE IN TACKLING CLIMATE CHANGE

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KEY MESSAGE

Volume of CO2 potentially stored by large-scale integrated projects

ACTION IS NEEDED NOW TO ENSURE CCS CAN PLAY A VITAL ROLE IN TACKLING CLIMATE CHANGE

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KEY MESSAGE

Large-scale integrated projects by asset lifecycle and region/country

CCS IS ALREADY CONTRIBUTING, BUT PROGRESS MUST BE ACCELERATED

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KEY MESSAGE

8 operating projects:

6 natural gas processing plants

1 fertiliser plant

1 synthetic natural gas plant

8 projects under construction (Execute):

2 electricity generation plants

2 natural gas processing plants

2 hydrogen plants

1 fertiliser plant

1 ethanol plant

CCS IS ALREADY CONTRIBUTING, BUT PROGRESS MUST BE ACCELERATED

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GLOBAL DISTRIBUTION OF PROJECTS

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KEY MESSAGE STEADY PROGRESS BUT IMPORTANT

DEVELOPMENTS

Large-scale integrated projects by asset lifecycle and year

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KEY MESSAGE

Volume of CO2 potentially stored by primary storage type and region

STEADY PROGRESS BUT IMPORTANT DEVELOPMENTS

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KEY MESSAGE

CCS in the Clean Development Mechanism (CDM)

marks an exciting new era.

Inclusion in the CDM enhances international recognition

and encourages institutional arrangements needed to

support CCS projects.

Progress has also been seen in a number of countries –

including the UK, China and Australia.

Vital that more progress is made and for the necessary

regulatory infrastructure to be in place to support CCS.

ENCOURAGING POLICY SUPPORT BUT MORE REQUIRED

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KEY MESSAGE

UK taking leading role by implementing policies intended

to drive CCS deployment beyond demonstration projects.

European Commission announcing the current order of

selection for the NER300 funding program.

Full ratification of the OSPAR Convention which is

important to transporting and storing CO2 offshore.

Challenges remain for the adoption of the amendments to

the London Protocol to allow the export of CO2 for

storage in offshore geological formations.

International standards for CCS are being developed but

this is likely to take time.

ENCOURAGING POLICY SUPPORT BUT MORE REQUIRED

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KEY MESSAGE

Costs of CO2 avoided

BARRIERS MUST BE OVERCOME TO REALISE THE BENEFITS OF CCS

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KEY MESSAGE

Storage site selection and characterisation is a lengthy

and costly process.

Early storage exploration is critical for many projects to

proceed.

Majority of perceived risk in CCS projects is often

associated with storage.

Public understanding of CCS remains low.

Need to bring down the costs of CO2 capture through

technology developments and demonstration.

BARRIERS MUST BE OVERCOME TO REALISE THE BENEFITS OF CCS

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KEY MESSAGE REDUCING THE COST OF TECHNOLOGY

THROUGH DEMONSTRATION PROJECTS IS VITAL 6 [

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Quest, Canada

TCM, Norway

Plant Barry, US

Boundary Dam,

Canada

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KEY MESSAGE REDUCING THE COST OF TECHNOLOGY THROUGH

DEMONSTRATION PROJECTS IS VITAL

Volume of CO2 potentially captured by industry sector and year

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RECOMMENDATIONS FOR DECISION MAKERS

Climate change legislation must not be delayed.

In order to achieve emission reductions in the most efficient

and effective way CCS must not be disadvantaged.

Funding for CCS demonstration projects should be

accelerated.

Expertise and learning must be shared.

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You can submit questions

to us simply by typing

your question directly into

the GoToWebinar control

panel.

QUESTIONS

GLOBALCCSINSTITUTE.COM