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FOSSIL.ENERGY.GOV Early CCUS Deployment through CO 2 -EOR: A Case for Catalyzing CCS

U.S. Department of Energy Office of Fossil Energy – Early CCUS Deployment through CO2-EOR: A Case for Catalyzing CCS – C.D. McConnell, Chief Operating Officer – Global CCS Institute

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Page 1: U.S. Department of Energy Office of Fossil Energy – Early CCUS Deployment through CO2-EOR: A Case for Catalyzing CCS – C.D. McConnell, Chief Operating Officer – Global CCS Institute

FOSSIL.ENERGY.GOV

Early CCUS Deployment through CO2-EOR: A Case for Catalyzing CCS

Page 2: U.S. Department of Energy Office of Fossil Energy – Early CCUS Deployment through CO2-EOR: A Case for Catalyzing CCS – C.D. McConnell, Chief Operating Officer – Global CCS Institute

FOSSIL.ENERGY.GOV

Competition for Global Resources

Global Environmental Trends and Policies

Game-Changing Technology

Uncertainty

Page 3: U.S. Department of Energy Office of Fossil Energy – Early CCUS Deployment through CO2-EOR: A Case for Catalyzing CCS – C.D. McConnell, Chief Operating Officer – Global CCS Institute

FOSSIL.ENERGY.GOV

Key Bilateral Activities

U.S.-China Clean Energy Research

Center

U.S.-India Coal Working Group

Global Carbon Capture and

Storage Institute (Australia)

Key Multilateral Activities

Carbon Sequestration

Leadership Forum

Global Carbon Capture and

Storage Institute

International Energy Agency

(various )

Page 4: U.S. Department of Energy Office of Fossil Energy – Early CCUS Deployment through CO2-EOR: A Case for Catalyzing CCS – C.D. McConnell, Chief Operating Officer – Global CCS Institute

FOSSIL.ENERGY.GOV

Large-Scale Geologic CO2 Storage

CO2 Capture from Industrial Facilities

Post-Combustion Capture with Enhanced Oil Recovery

IGCC with Enhanced Oil Recovery

Oxy-combustion

Advanced Technology for Carbon Capture, Utilization and Storage

IGCC with CO2 Capture (to pipeline)

Page 5: U.S. Department of Energy Office of Fossil Energy – Early CCUS Deployment through CO2-EOR: A Case for Catalyzing CCS – C.D. McConnell, Chief Operating Officer – Global CCS Institute

FOSSIL.ENERGY.GOV

CCPI Round II

CCPI Round III

ICCS (Area I)

Hydrogen Energy California IGCC with EOR

$408 Million - DOE $4.0 Billion - Total

Summit Texas Clean Energy IGCC with EOR

$450 Million - DOE $1.7 Billion - Total

NRG Energy Post Combustion with CO2

Capture and EOR $167 Million – DOE $339 Million - Total

Air Products CO2 Capture from Steam

Methane Reformers with EOR $284 Million - DOE $431 Million - Total

Leucadia CO2 Capture from Methanol

with EOR $261 Million - DOE $436 Million - Total

Southern Company Services IGCC-Transport Gasifier

(CO2 to pipeline) $270 Million - DOE $2.67 Billion - Total

Page 6: U.S. Department of Energy Office of Fossil Energy – Early CCUS Deployment through CO2-EOR: A Case for Catalyzing CCS – C.D. McConnell, Chief Operating Officer – Global CCS Institute

FOSSIL.ENERGY.GOV

Domestic Energy Security

• 60 billion barrels of crude production from domestic EOR resources

• By 2030 ~15% of U.S. crude oil consumption could be supplied by CO2-EOR

Economic Security

• $3.5 trillion in reduced expenditures on imported crude oil

• 622,000 new jobs

• Cost of captured CO2 in 2020: $13 - $22/tonne CO2

• Cost of captured CO2 in 2030 : $1/tonne CO2

Environmental Sustainability

• Meeting President’s Goal: 83% reduction in GHG emissions by 2050

• IEA: “CCS …most important technology option”

• CO2-EOR can spur deployment of commercial CCUS

The “Un-Mined Gold” Story for Energy, Jobs, and Sustainability

Page 7: U.S. Department of Energy Office of Fossil Energy – Early CCUS Deployment through CO2-EOR: A Case for Catalyzing CCS – C.D. McConnell, Chief Operating Officer – Global CCS Institute

FOSSIL.ENERGY.GOV

Create a Compelling Choice for Fossil Energy that is Game-Changing and Sustainable

Innovative Technology

Jobs

Government Revenues

GDP Growth

Environmental Sustainability