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CCS Technology Roadmap: Potential and Future Challenges

CCS Technology Roadmap: Potential and Future Challenges. Sean McCoy CCS: Perspectives for the Southern African Region Johannesburg, South Africa 31 May 2011. Messages today. The CCS Roadmap presents an ambitious goal for CCS deployment

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CCS Technology Roadmap: Potential and Future Challenges

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  1. CCS Technology Roadmap: Potential and Future Challenges Sean McCoy CCS: Perspectives for the Southern African RegionJohannesburg, South Africa31 May 2011

  2. Messages today • The CCS Roadmap presents an ambitious goal for CCS deployment • More projects are needed if CCS Roadmap targets are to be met • Critical challenges need to be addressed globally if CCS is to play a significant role in reducing emissions

  3. CCS is needed to meet emissions reduction targets Source: IEA ETP, 2010BLUE Map Scenario

  4. The IEA CCS Roadmap sets an ambitious growth path Source: IEA CCS Roadmap, 2009

  5. A global challenge for a global technology CCS will be required in all regions of the world in power, industry and upstream Source: IEA CCS Roadmap, 2009

  6. CCS is not just “clean coal” Coal power makes up around only 40% of stored emissions in 2050 Source: IEA CCS Roadmap, 2009

  7. An investment challenge • Need to mobilise five trillion USD investment in underlying facilities, CO2 capture plant, transport and storage between 2010 and 2050 • This averages to 125 billion USD per year capital investment in CCS • Total investment in CCS is 11% of the incremental investment in the BLUE Map scenario between 2010 and 2050 Source: IEA CCS Roadmap, 2009

  8. Messages today • The CCS Roadmap presents an ambitious goal for CCS deployment • More projects are needed if CCS Roadmap targets are to be met • Critical challenges need to be addressed globally if CCS is to play a significant role in reducing emissions

  9. Integrated CCS projects are operating today Weyburn Sleipner Snohvit In Salah Rangely Three dedicated storage projects are operating; two other projects capture CO2 from industrial sources for storage via Enhanced Oil Recovery (EOR)

  10. More projects are needed in global pipeline • In 2010, the GCCSI estimated there are approximately 80 large-scale integrated projects (LSIP) in various stages of planning • About half are EOR projects • Of planned non-EOR projects, only one, the Gorgon Project in Australia, is likely to be in operation for 2020

  11. Projects are needed in non-OECD countries 2020 Roadmap goal is 100 projects—50 in OECD countries, 50in non-OECD countries

  12. Messages today • The CCS Roadmap presents an ambitious goal for CCS deployment • More projects are needed if CCS Roadmap targets are to be met • Critical challenges need to be addressed globally if CCS is to play a significant role in reducing emissions

  13. The critical challenges to meeting Roadmap goals are not purely technical • Technology • Financing • Legal and regulatory • Public education and engagement • International collaboration

  14. Financing Actions and Milestones • Demonstrate a global, sustained commitment to reducing emissions • Increase funding for CCS to an annual average investment of USD 3.5 – 4 billion between 2010 and 2020 in OECD countries • Increase funding for CCS to an annual average investment of USD 1.5 – 2.5 billion between 2010 and 2020 in non-OECD countries (e.g. through CCS in the CDM/NAMA) • Establish incentives to accelerate commercial CCS deployment beyond the demonstration phase • Fund longer-term R&D • Additional investment of 2.5 – 3 trillion between 2010-2050

  15. Legal and Regulatory Actions and Milestones • Existing legal and regulatory frameworks should be reviewed and adapted for CCS demonstration by 2011 in OECD countries and by 2015 in all countries • International legal issues need to be resolved by 2012 • All countries should have a legal and regulatory framework suitable for large-scale CCS deployment by 2020

  16. Public Education and EngagementActions and Milestones • Provide greater (and earlier) information on projects • Expand government CCS education and engagement efforts; including early information about planned projects • Formalize international CCS public education and engagement network by 2010 • Develop a public engagement and communication toolkit by 2011 • Apply the toolkit to all large-scale CCS projects

  17. International Collaboration Actions and Milestones • Grow CCS collaborative efforts, particularly in RD&D • GCCSI, IEAGHG, CSLF, CO2CRC, USRCSP, NACAP etc. • Create regional collaborative efforts to identify regional CO2 storage and transport planning needs • Expand capacity building efforts in non-OECD countries with fossil fuel economies such as China, India, South Africa • Create new CCS collaborative efforts for the most important industrial sectors by 2012

  18. The next five to ten years are critical to progress for CCS and climate change mitigation • The CCS Roadmap presents an ambitious goal for CCS deployment • More projects are needed if CCS Roadmap targets are to be met • Critical challenges need to be addressed globally if CCS is to play a significant role in reducing emissions

  19. Thank-you! Sean McCoy, Ph.D.International Energy AgencyEnergy Analyst, Legal & Regulatory Issues Telephone: +33 (0)1 40 57 67 07Email: sean.mccoy@iea.orgWeb: www.iea.org/ccs/legal.asp

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