Panel 1. Tackling climate change and ensuring energy security, Philippe Benoit, IEA
-
Upload
global-ccs-institute -
Category
Technology
-
view
405 -
download
0
description
Transcript of Panel 1. Tackling climate change and ensuring energy security, Philippe Benoit, IEA
© OECD/IEA 2013
A roadmap forward
CCS: Where do we go from here?GCCSI Members’ Meeting, Seoul, 10 October 2013
Philippe BenoitHead of Division, IEA
© OECD/IEA 2013
Why CCS: the story remains the sameTrend in fuel mix 2010-2050: fossil
fuels continue to dominate.
CCS can help to deal with emissions already “locked-in”.
CCS is the only large-scale mitigation option for many industrial sectors.
Annual CO2 emissions reached record high 31,6 Gt in 2012
© OECD/IEA 2013
CCS is part of a portfolio
© OECD/IEA 2013
CCS is part of a cost-effective response
3.6
36.4
CCS
Other clean energy
40%… and if CCS not available, investment required in the power sector will increase by
Additional USD 36 trillion in investments through 2050 to reach 2DS scenario goals CCS is 10% of this…
© OECD/IEA 2013
CCS is ready for scale-up
Capture technologies are well understood
but expensive.
Transport is the most technically mature
step in CCS.
CO2 storage has been demonstrated but
further experience is needed at scale.
• Post-process capture• Syngas/hydrogen capture• Oxy-fuel combustion• Inherent separation
• 6000km existing pipelines• Existing technical standards• Transport by ship (albeit in
small quantities)
• Decades of research• Natural CO2 accumulations• Pilot projects• Existing large-scale projects
Assembling the parts – still a challenge
© OECD/IEA 2013
A roadmap forward
© OECD/IEA 2013
A pathway for wide deployment of CCS
Next seven years: Creating conditions for wide
deployment
2013 2020 2030 2050
Vision 2020: Over 30 large projects are in
operation storing 50Mt CO2 per year, providing experience and
enabling cost reduction. Incentive policies are in place to drive early
deployment.
2020-2030: Large-scale deployment
picks up speed
2030 and beyond: CCS is mainstream
Vision 2030: CCS is a veritable industry. Over 2Gt
CO2 is stored per year. Continued R&D and economies of scale reduce
costs significantly. Business cases are consolidated and drive private
investment.
Vision 2050: CCS is routinely used to reduce CO₂
emissions from power and all suitable industry. The total global storage rate exceeds 7 GtCO2/yr.
CCS projects are commercial under technology-neutral climate change policies worldwide in all sectors.
© OECD/IEA 2013
IEA vision: 120 Gt of CO2 stored by 2050
Goal 1: 2020:
Over 30 large projects are in operation in power and
across a range of industrial processes,
storing 50Mt CO2 per year.
Goal 2: 2030:
Over 2Gt of CO2 is stored per year. CCS is routinely used in power and certain industrial
applications.
Goal 3: 2050:
Over 7Gt of CO2 is stored per year. CCS is routinely used in all applicable power and industry.
© OECD/IEA 2013
Seven key actions for next seven years
1. Introduce financial support mechanisms for demonstration and early deployment (‘pay me to go’)
2. Develop laws and regulations that effectively require new-build power capacity to be CCS-ready (‘retrofit – get ready’)
3. Significantly increase efforts to improve understanding among the public and stakeholders of CCS technology (‘knowing is understanding’)
4. Implement policies that encourage storage exploration, characterisation and development for CCS projects (‘need a place to stay’).
5. Reduce the cost of electricity from power plants equipped with capture through continued technology development (’make it cheaper’).
6. Prove capture systems at pilot scale in industrial applications (‘expand into new areas’).
7. Encourage efficient development of CO2 transport infrastructure (‘get me there’).
© OECD/IEA 2013
OUTREACH TO THE PUBLIC
© OECD/IEA 2013
CO2 USE
© OECD/IEA 2013
Moving upstream to FOSSIL FUEL production
© OECD/IEA 2013
Energy Efficiency andRenewable Energy
NOT ENOUGH
© OECD/IEA 2013
Increase AMBITION
© OECD/IEA 2013
THANK YOU!
DOWNLOAD THE ROADMAP AT:http://www.iea.org/topics/ccs/ccsroadmap2013