Global Status of CCS: February 2014 - Japan
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Global Status of CCS: February 2014 - Japan

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This presentation was delivered by Mr Ken Sato at the 11th Study Meeting of the Global CCS Institute in Japan.

This presentation was delivered by Mr Ken Sato at the 11th Study Meeting of the Global CCS Institute in Japan.

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  • 1. GLOBAL STATUS OF CCS: FEBRUARY 2014 STUDY MEETING, JAPAN REGIONAL OFFICE - APRIL 17, 2014
  • 2. • URL - in Japanese http://www.globalccsinstitute.com/publicati ons/global-status-ccs-february-2014-jp - in English http://www.globalccsinstitute.com/publicati ons/global-status-ccs-february-2014 GLOBAL STATUS OF CCS: FEBRUARY 2014
  • 3. CCS is vital Importance of CCS acknowledged CCS identified as an essential technology in limiting temperature increase to 2°C International Energy Agency Wide adoption of CCS part of the scenario that achieves 450 ppm atmospheric stabilization level for CO2 World Energy Council Availability of CCS is critical for producing 450 ppm Energy Modeling Forum 27 Study CCS is an important technology in the long run…deployment to drive down costs is desirable UK Committee on Climate Change Commercial demonstration of CCS essential for deployment in the 2030 timeframe European Commission CCS to be cost effective when transformational technologies emerge US Climate Action Report 2014
  • 4. CSLF stresses importance of CCS and of collaboration ‘We…are convinced that the research and development, demonstration and global deployment of {CCS} must be accelerated… We are committed to taking necessary actions internationally and collaboratively to promote the further development and deployment of CCS.’ ‘We believe that the increasing number of {such} collaborations reflects the growing global recognition of the criticality of CCS…’ Carbon Sequestration Leadership Forum, extract from the Communique following the 5th Meeting of the CSLF Ministers, November 2013 TECHNOLOGY UNDERSTANDING AND ACCEPTANCE POLICY AND MARKETS Business case for CCS Collaboration and aligning three pillars of the business case for CCS
  • 5. CSLF stresses importance of CCS and of collaboration ‘We……are convinced that the research and development (R&D), demonstration and global deployment of Carbon Capture and Storage (CCS) must be accelerated…. We are committed to taking necessary actions internationally and collaboratively to promote the further development and deployment of CCS.’ ‘We believe that the increasing number of {such} collaborations reflects the growing global recognition of the criticality of CCS…’ Carbon Sequestration Leadership Forum, extract from the Communique following the 5th Meeting of the CSLF Ministers in November 2013
  • 6. Large-scale CCS projects by project lifecycle and year 21 projects in operation or under construction – 50% increase since 2011
  • 7. CO2 capture capacity by actual or expected year of operation CCS is a reality with 40 Mtpa of CO2 that can be captured by active projects
  • 8. Large-scale CCS projects in key markets by project lifecycle North America continues to dominate the projects landscape; China increasing in importance; project progress has stalled in Europe
  • 9. Large-scale CCS projects proceeding to ‘Operate’ and ‘Execute’ since 2011 Majority of projects in operation, construction or close to FID use or intend to use CO2 for EOR
  • 10. Actual and expected operation dates for CCS projects in ‘Operate’, ‘Execute’ and ‘Define’ stages Air Products Century Plant Coffeyville Enid Fertilizer Great Plains Lost Cabin Lula Shute Creek Sleipner In Salah* Snøhvit Val Verde ACTL Agrium Kemper ACTL Sturgeon Boundary Dam ESI Gorgon Illinois Industrial Quest Uthmaniyah Don ValleyHECA Lake Charles Low Impact Steel TCEP Medicine Bow FutureGen 2.0 NRG PetroChina Jilin ROAD Sinopec Qilu Spectra Yanchang Sinopec Shengli 2015 EOR 地層貯留 Pre-2014 Power generation 20172016 Hydrogen production Natural gas processing Chemical production Iron and steel production Syngas Fertiliser production Oil refining 2014 2018 2019 2020 = 1Mtpa of CO2 (areas of circle are proportional to capacity) Coal-to-liquids White Rose CCS projects in the power and industrial sectors and projects utilising dedicated geologic storage options becoming more important * Injection suspended Peterhead
  • 11. Significant global policy and regulatory developments • US EPA releases proposals dealing with power plant CO2 emissions and geologic carbon storage United States • Alberta Government releases final draft of the Regulatory Framework Assessment report Canada • COP 19 held in Warsaw • Focus on universal post-2020 climate agreement in Paris, in 2015 Global • UK Energy Act receives Royal Assent and becomes law United Kingdom • EC proposes climate targets out to 2030 • European Parliament supports MEP Chris Davies’ report on CCS in Europe Continental Europe
  • 12. ‘Three pillars’ of the business case for CCS -reprise Technology Understanding and acceptance Policy and markets Business case for CCS
  • 13. Technology ASSESSMENT  Individual components are well understood.  Many aspects are already technically mature.  Safe storage demonstrated by projects for over a decade.  Pilot and larger scale test facilities are important contributors to knowledge.  Confidence that the remaining technical challenges can be met over time. OPPORTUNITIES  Integrated operation at large scale in power and industrial processes is key: o initial CCS demonstrations in power plants – starting in 2014 in Americas o positive perception of CCS as a ‘proven’ technology, building public confidence through large-scale projects in new applications o learning by doing cost savings o more early mover projects will confirm effectiveness, establish best practices.  R&D (collaboration) to advance technologies is a ‘game changer’.  The ‘rocks’ are also important – identification of viable storage sites. 13
  • 14. Policy and markets 14 ASSESSMENT  International policy discussions consistently acknowledge importance of CCS but…  Industry highlights that national climate and energy policies do not provide long term clarity to support widespread adoption of CCS projects.  CCS is often not treated equivalently to other low carbon technologies.  National regulations have advanced but critical uncertainties remain: o in the US, for example, impact of recent EPA proposals o more broadly, addressing long-term liability issues  Existing CCS funding programs for large-scale projects mostly exhausted. OPPORTUNITIES  Re-invigorated policy incentives ( and regulation) to maintain momentum.  Continued development of low-carbon future roadmaps for CCS.  Post Kyoto 2020 agreement for decision in 2015.  Capacity development scope is significant – all can learn from what has worked, building capacity in developing countries is critical for longer-term deployment.
  • 15. Understanding and acceptance 15 ASSESSMENT  Stakeholder relationship management accepted as critical to project delivery.  Global awareness and understanding of CCS context is low.  Focus of CCS communication is on risks and challenges not value and benefits.  Perception of CCS as experimental, not cost competitive and associated with fossil fuel instead of role in low-carbon energy.  Building a trusting relationship with key stakeholders is critical for projects. OPPORTUNITIES  Successful global large-scale integrated projects is critical to establish public and political confidence in CCS.  CCS projects are demonstrating improved sharing and use of best practice.  Encourage public advocacy of CCS from trusted groups – academics and NGOs.  Improve access to education materials and experts.
  • 16. Conclusions (from Executive Summary) Notwithstanding the significant progress in CCS development in recent years, the momentum for further development and widespread deployment must be increased. CCS has a vital role to play in a portfolio of low-carbon technologies to tackle climate change at least cost to the world economy. Key Action that would act as a stimulus to momentum include: • boosting short-term support for the implementation of demonstration projects globally, especially in continental Europe where project development has stalled • introducing long-term commitments to climate change mitigation and strong policy action and market-based mechanisms that ensure CCS is not disadvantaged compared to other low-carbon technologies • implementing measures to deal with the remaining critical regulatory uncertainties, such as long-term liabilities, and • Continuing funding support for CCS research and development activities along with fostering collaborative approaches to knowledge
  • 17. GLOBALCCSINSTITUTE.COM