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THE STATUS OF CCS · GLOBAL CCS INSTITUTE . KEY MESSAGES Early mover projects are found in...

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GLOBAL CCS INSTITUTE THE STATUS OF CCS Brad Page, CEO CSLF Ministerial Conference 22 September, 2011 WWW.GLOBALCCSINSTITUTE.COM
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Page 1: THE STATUS OF CCS · GLOBAL CCS INSTITUTE . KEY MESSAGES Early mover projects are found in industrial applications and with EOR for storage. Two power projects are now under construction

GLOBAL CCS INSTITUTE

THE STATUS OF CCS Brad Page, CEO CSLF Ministerial Conference 22 September, 2011

WWW.GLOBALCCSINSTITUTE.COM

Page 2: THE STATUS OF CCS · GLOBAL CCS INSTITUTE . KEY MESSAGES Early mover projects are found in industrial applications and with EOR for storage. Two power projects are now under construction

GLOBAL CCS INSTITUTE

MISSION

The mission of the Global CCS Institute is: to be a centre of excellence for CCS knowledge; to accelerate the development and deployment

of CCS globally; and to help ensure that CCS has a significant role in

reducing the world’s greenhouse gas emissions.

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Page 3: THE STATUS OF CCS · GLOBAL CCS INSTITUTE . KEY MESSAGES Early mover projects are found in industrial applications and with EOR for storage. Two power projects are now under construction

GLOBAL CCS INSTITUTE

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MEASURED PROGRESS OF LARGE-SCALE INTEGRATED PROJECTS SINCE 2009

Page 4: THE STATUS OF CCS · GLOBAL CCS INSTITUTE . KEY MESSAGES Early mover projects are found in industrial applications and with EOR for storage. Two power projects are now under construction

GLOBAL CCS INSTITUTE

PROJECT NUMBERS CONCENTRATED IN THE UNITED STATES AND EUROPE

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Page 5: THE STATUS OF CCS · GLOBAL CCS INSTITUTE . KEY MESSAGES Early mover projects are found in industrial applications and with EOR for storage. Two power projects are now under construction

GLOBAL CCS INSTITUTE

CONCENTRATION ON POWER GENERATION

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Page 6: THE STATUS OF CCS · GLOBAL CCS INSTITUTE . KEY MESSAGES Early mover projects are found in industrial applications and with EOR for storage. Two power projects are now under construction

GLOBAL CCS INSTITUTE

PROJECTS ARE SPREAD ACROSS TECHNOLOGIES

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Page 7: THE STATUS OF CCS · GLOBAL CCS INSTITUTE . KEY MESSAGES Early mover projects are found in industrial applications and with EOR for storage. Two power projects are now under construction

GLOBAL CCS INSTITUTE

ALLOCATED GOVERNMENT FUNDING IS MOSTLY TO POWER

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Page 8: THE STATUS OF CCS · GLOBAL CCS INSTITUTE . KEY MESSAGES Early mover projects are found in industrial applications and with EOR for storage. Two power projects are now under construction

GLOBAL CCS INSTITUTE

THERE IS FUNDING THAT IS STILL TO BE ALLOCATED

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Page 9: THE STATUS OF CCS · GLOBAL CCS INSTITUTE . KEY MESSAGES Early mover projects are found in industrial applications and with EOR for storage. Two power projects are now under construction

GLOBAL CCS INSTITUTE

REGIONAL BIAS TOWARDS STORAGE SELECTION

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Page 10: THE STATUS OF CCS · GLOBAL CCS INSTITUTE . KEY MESSAGES Early mover projects are found in industrial applications and with EOR for storage. Two power projects are now under construction

GLOBAL CCS INSTITUTE

KEY MESSAGES

Early mover projects are found in industrial applications and with EOR for storage.

Two power projects are now under construction with aid of government funding and EOR revenue.

A number of power projects are on the verge of FID but making the business case is proving difficult and time consuming.

Greater collaboration and transparency between government and industry is needed.

Storage assessments in deep saline formations can have long lead times – need to start now.

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Page 11: THE STATUS OF CCS · GLOBAL CCS INSTITUTE . KEY MESSAGES Early mover projects are found in industrial applications and with EOR for storage. Two power projects are now under construction

GLOBAL CCS INSTITUTE

UPCOMING RELEASE

The Global Status of CCS: 2011 Report.

To be released on 4 October 2011.

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Page 12: THE STATUS OF CCS · GLOBAL CCS INSTITUTE . KEY MESSAGES Early mover projects are found in industrial applications and with EOR for storage. Two power projects are now under construction

GLOBAL CCS INSTITUTE

www.globalccsinstitute.com


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