CCS Projects Under Development Internationally - Presentation by Brad Page Dec 1

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CCS Projects Under Development Internationally, presentation delivered by Global CCS Institute CEO Brad Page at the South African CCS exhibition event, COP 17, December 1. It provides an overview of project activities around the world for 2011.

Transcript of CCS Projects Under Development Internationally - Presentation by Brad Page Dec 1

  • 1. GLOBAL CCS INSTITUTECCS PROJECTS UNDER DEVELOPMENT INTERNATIONALLYBrad Page, Chief Executive OfficerSouth African Department of Energy - Carbon Capture and Storage SeminarCOP 17/CMP 7 (Durban), 1 December 2011WWW.GLOBALCCSINSTITUTE.COM

2. GLOBAL CCS INSTITUTEMISSION The mission of the Global CCS Institute is: to be a centre of excellence for CCS knowledge; to accelerate the development and deployment of CCS globally; and to help ensure that CCS has a significant role in reducing the worlds greenhouse gas emissions. 1 3. GLOBAL CCS INSTITUTEMEASURED PROGRESS OF LARGE-SCALEINTEGRATED PROJECTS SINCE 2009 2 4. GLOBAL CCS INSTITUTEPROJECT NUMBERS CONCENTRATED IN THEUNITED STATES AND EUROPE3 5. GLOBAL CCS INSTITUTECONCENTRATION ON POWER GENERATION4 6. GLOBAL CCS INSTITUTEPROJECTS ARE SPREAD ACROSSTECHNOLOGIES 5 7. GLOBAL CCS INSTITUTEALLOCATED GOVERNMENT FUNDING ISMOSTLY TO POWER6 8. GLOBAL CCS INSTITUTETHERE IS FUNDING THAT IS STILL TO BEALLOCATED 7 9. GLOBAL CCS INSTITUTEREGIONAL BIAS TOWARDS STORAGESELECTION8 10. GLOBAL CCS INSTITUTELEVELISED ABATEMENT COST 239 203 200 176 182 150 US$ per tonne 139 106 10092 90 49675025 16 2309 -8 -7 -27 -50 -38 11. GLOBAL CCS INSTITUTEKEY MESSAGES Early mover projects are found in industrial applications and with EOR for storage. Two power projects are now under construction with aid of government funding and EOR revenue. A number of power projects are on the verge of FID but making the business case is proving difficult and time consuming. Greater collaboration and transparency between government and industry is needed. Storage assessments in deep saline formations can have long lead times need to start now. 10 12. GLOBAL CCS INSTITUTERECNT RELEASE The Global Status of CCS: 2011 Report is now available.11 13. GLOBAL CCS INSTITUTE www.globalccsinstitute.com