GLOBAL CCS INSTITUTEGlobal Status of CCS - North America PerspectiveVictor Der, General Manager North AmericaMelbourne Mem...
GLOBAL CCS INSTITUTEPRESENTATION OUTLINE       Status of Large-Scale CCS Projects .       Legal and Regulatory Framework S...
GLOBAL CCS INSTITUTESTATUS OF CCS LARGE-SCALE INTEGRATEDPROJECTS (LSIP)       The development of US projects can be traced...
GLOBAL CCS INSTITUTE      LEGAL AND REGULATORY SITUATION       No current national climate legislation in either Canada or...
GLOBAL CCS INSTITUTE KEY DRIVERS IN NORTH AMERICA       Absent national carbon mandate, the key driver for CCS       is pr...
GLOBAL CCS INSTITUTE CCS R&D        The U.S. along with other countries continue to       focus on R&D to help overcome th...
GLOBAL CCS INSTITUTEINSTITUTE FOCUS IN NORTH AMERICA SHARING KNOWLEDGE           Roadshow platforms planned to share proje...
GLOBAL CCS INSTITUTE              www.globalccsinstitute.com                                           7
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Victor Der - Status of CCS – Presentation at the Global CCS Institute Members’ Meeting: 2011

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Victor Der - Status of CCS – Presentation at the Global CCS Institute Members’ Meeting: 2011

  1. 1. GLOBAL CCS INSTITUTEGlobal Status of CCS - North America PerspectiveVictor Der, General Manager North AmericaMelbourne Members’ Meeting - 4 October 2011WWW.GLOBALCCSINSTITUTE.COM
  2. 2. GLOBAL CCS INSTITUTEPRESENTATION OUTLINE Status of Large-Scale CCS Projects . Legal and Regulatory Framework Situation. Key Drivers in North America. CCS R&D . Institute Focus in North America (Road shows). 1
  3. 3. GLOBAL CCS INSTITUTESTATUS OF CCS LARGE-SCALE INTEGRATEDPROJECTS (LSIP) The development of US projects can be traced to the availability of significant government funding; of the approximately 25 CCS-LSIPs, 14 have received significant funding The 14 LSIPs at various stages of development – project definition, design, construction and targeting operations by 2015-16 or sooner Revenue offered by EOR; and the pursuit by EOR operators of early and relatively inexpensive sources of CO2 . Industrial projects which inherently separate CO2 are attractive for EOR application 2
  4. 4. GLOBAL CCS INSTITUTE LEGAL AND REGULATORY SITUATION No current national climate legislation in either Canada or U.S. Provincial (e.g., Alberta in Canada) and State (e.g., California) governments taking the lead. The US EPA to finalize emissions implementation guidelines on Carbon regulations. EPA’s Underground Injection Code for CO2 storage ( Class VI) implemented on 7 Sept 2011 based on Safe Drinking Water Act regulatory authority Federal incentives include investment and production tax credits and loan guarantees for CCS. CCS Power Plants difficulty without rate basing from States – no justification absent federal mandates. 3
  5. 5. GLOBAL CCS INSTITUTE KEY DRIVERS IN NORTH AMERICA Absent national carbon mandate, the key driver for CCS is project economics – realization of return on capital and in case of a power plant with CCS whether it can dispatch based on operating cost. Key opportunity is CO2 for Enhanced Oil or Gas Recovery – these opportunities must match CO2 source and transport constraints. In addition to CO2 use in EOR, CCS projects must also produce high value products such as those associated with petrochemical plants, refineries, synthetic natural gas production, ethanol and methanol plants, methane reformers, pulp mills and cement. 4
  6. 6. GLOBAL CCS INSTITUTE CCS R&D The U.S. along with other countries continue to focus on R&D to help overcome the hurdles to broad deployment by: Research into capture cost and energy penalty reductions with advanced technology Continuing to work on Best Practices associated with the value chain for CCS from capture, integration, scale up, injection, monitoring and measurements, verification and reporting. Risk assessment and mitigation methodologies for safe, effective long-term storage. 5
  7. 7. GLOBAL CCS INSTITUTEINSTITUTE FOCUS IN NORTH AMERICA SHARING KNOWLEDGE Roadshow platforms planned to share project experiences – connecting projects in North America and abroad; collecting information into a central repository for CCS information. Creating and sharing information to fill knowledge gaps and build capacity. FACT-BASED ADVOCACY Informing and influencing domestic and regional low carbon policies. Advancing understanding of appropriate risk regimes, funding and financing solutions. Raising awareness of the benefits of CCS and its role within a portfolio of low carbon technologies. ASSISTING PROJECTS Projects engaged in FEED studies funded by Institute; lessons learnt. Developing project-specific solutions, particularly amongst early movers. 6
  8. 8. GLOBAL CCS INSTITUTE www.globalccsinstitute.com 7

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