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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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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GLOBAL CCS INSTITUTE
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MEASURED PROGRESS OF LARGE-SCALE INTEGRATED PROJECTS SINCE 2009
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GLOBAL CCS INSTITUTE
PROJECT NUMBERS CONCENTRATED IN THE UNITED STATES AND EUROPE
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GLOBAL CCS INSTITUTE
CONCENTRATION ON POWER GENERATION
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GLOBAL CCS INSTITUTE
PROJECTS ARE SPREAD ACROSS TECHNOLOGIES
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GLOBAL CCS INSTITUTE
ALLOCATED GOVERNMENT FUNDING IS MOSTLY TO POWER
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GLOBAL CCS INSTITUTE
THERE IS FUNDING THAT IS STILL TO BE ALLOCATED
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GLOBAL CCS INSTITUTE
REGIONAL BIAS TOWARDS STORAGE SELECTION
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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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GLOBAL CCS INSTITUTE
UPCOMING RELEASE
The Global Status of CCS: 2011 Report.
To be released on 4 October 2011.
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GLOBAL CCS INSTITUTE
www.globalccsinstitute.com