I 5 independent assessment of ccs credibility mike carpenteer dnv

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I 5 independent assessment of ccs credibility mike carpenteer dnv

  1. 1. Independent Assessment to Increase CarbonCapture and Storage CredibilityMike CarpenterElisabeth Rose10 May 2012
  2. 2. Outline  Why CCS?  Status and challenges with CCS  DNV‟s response to the challenge  Concluding remarksIndependent Assessment to Increase Carbon Capture and Storage Credibility10 May 2012 2
  3. 3. Why CCS?Independent Assessment to Increase Carbon Capture and Storage Credibility10 May 2012 3
  4. 4. CO2 capture and storage system Fuels Processes Storage optionsIndependent Assessment to Increase Carbon Capture and Storage Credibility10 May 2012 4
  5. 5. CCS is critical for green house gas emissions reduction • CCS is one in a portfolio of energy technologies that can be applied to reduce emissions • The role of CCS increases after 2030 – contributes 1/5 of global needed reductions • CCS should not be opposed to other low-carbon technologies • 70% more expensive to reach the green house gas emissions target without CCS • CCS is a relatively new undertaking in all parts of the world and could provide a basis for cooperation and partnership between developing and developed countries • CCS is a technology that allows the oil and gas industry to play direct role in reducing emissions by applying industry specific knowledge and tools Source: World Energy Outlook 2011Independent Assessment to Increase Carbon Capture and Storage Credibility10 May 2012 5
  6. 6. Status of CCS today and challenges aheadIndependent Assessment to Increase Carbon Capture and Storage Credibility10 May 2012 6
  7. 7. So far… • Potentially 20 billion EURO in public funding to CCS projects world-wide • To date 74 LSIPs are identified of which 8 at the operation stage & 6 execution stage • Current projects are capturing CO2 in industrial processes • ~6000 km of onshore CO2 pipelines in the US • 4 small CO2 carriers in operation • 40 years of experience from Enhanced Oil Recovery operations with CO2 • Large scale geological storage of CO2 in oil and gas operations, ex. Sleipner, Snøhvit, In Salah and WeyburnIndependent Assessment to Increase Carbon Capture and Storage Credibility10 May 2012 7
  8. 8. Key questions… For how long is CO2 removed from the atmosphere ? How can we reduce the cost of CCS? What potential amount of CO2 could be captured ? Can we store CO2 safely ? How to create trust and confidence among stakeholders ? Which projects and sites qualify ?Independent Assessment to Increase Carbon Capture and Storage Credibility10 May 2012 8
  9. 9. Legal and Demonstrate Regulatory Technology frameworks CCS MATURITY Financial Public confidence mechanismElisabeth Rose10 May 2012
  10. 10. Public resistance towards CCS  CCS is a new concept to the public and introduces new risks  No tangible local benefits from storing CO2 – only risks?  Cases of public resistance towards several CCS projects worldwide It is important to assure the public that CCS can be done in a safe wayIndependent Assessment to Increase Carbon Capture and Storage Credibility10 May 2012 10
  11. 11. DNV’s response to the challengeIndependent Assessment to Increase Carbon Capture and Storage Credibility10 May 2012 11
  12. 12. DNV Guidelines for CCS  Qualification of new CO2 capture technology (First issue: 2008) JIP Partners: Gassnova, StatoilHydro, Statkraft, Aker Clean Carbon / Aker Solutions, DNV  Transmission of dense, high pressure CO2 in submarine and onshore pipelines (CO2PIPETRANS) (First issue: 2009) JIP partners: Gassnova (50%), Gassco, Vattenfall, StatoilHydro, BP, Shell, ArcelorMittal, Dong Energy, ILF, Petrobras, British Gas Observers: PTil (NO), HSE (UK), MINEZ (NL) Sub-contractors: SINTEF, IFE, Polytec  Qualification of Sites and Projects for Geological Storage of CO2 (CO2QUALSTORE) (First issue: 2009) JIP Partners: Gassnova, IEA GHG, Shlumberger, Statoil Hydro, Dong, BP, Shell, Vattenfall, RWE, British Gas, Gassco, Petrobras Observers: Regulators invited  Guideline for the risk management of existing wells at CO2 geological storage sites (CO2WELLS) (First issue: 2011) JIP Partners: Gassnova, Shell, Vattenfall, RWE, Gassco, Petrobras, National Grid, GSSI, E. ON, HSE UKIndependent Assessment to Increase Carbon Capture and Storage Credibility10 May 2012 12
  13. 13. DNV Recommended Practice on Geological Storage of CO2 DNV Recommended Practice on Geological Storage of CO2 DNV-RP-J203 (May 2012)Independent Assessment to Increase Carbon Capture and Storage Credibility10 May 2012 13
  14. 14. DNV’s storage site certification scheme EU CCS Directive refers to CO2QUALSTORE guidelineIndependent Assessment to Increase Carbon Capture and Storage Credibility10 May 2012 14
  15. 15. Ensuring safe CO2 storage operations Challenge Responding to the Challenge  CO2 storage among various  The independent assessment builds stakeholders is associated with risk in confidence in CO2 storage operations terms of storage site performance, and enables a time and cost efficient HSE issues, project cost overruns risk reduction to an acceptable level and delays prior to project start up  Failure is not an option! Independent assessment provides stakeholders with confidence that CO2 will be stored safelyIndependent Assessment to Increase Carbon Capture and Storage Credibility10 May 2012 15
  16. 16. Why is independent assessment important?  Statements made by Ian Silk, QUEST Venture Manager, Shell - “Public support (local to storage) for CCS has been challenging in early demo projects, and was identified early as key for Quest.” - “The storage area communities need Shell to answer the simple question „Is it safe?‟”  This could be communicated with more credibility if assessed by an independent party DNV independent assessment would help both external public acceptance and internal technical assuranceIndependent Assessment to Increase Carbon Capture and Storage Credibility10 May 2012 16
  17. 17. So, can we ensure confidence among stakeholders towards CCS projects?  yes, by being transparent to create trust  yes, by conducting independent assessments  yes, by cooperation and knowledge sharingIndependent Assessment to Increase Carbon Capture and Storage Credibility10 May 2012 17
  18. 18. www.dnvkema.comIndependent Assessment to Increase Carbon Capture and Storage Credibility10 May 2012

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