International CCS developments and the Clean Energy Ministerial

James GodberDepartment of Energy and Climate, UK

CCS in the Clean Energy Ministerial

• What is the Clean Energy Ministerial?

“A global forum accelerating the transition to clean energy technologies.”

• Where does CCS fit in?

Carbon Capture Use and Storage (CCUS) Action Group launched 2010. Brought together governments, businesses and organisations to advance the deployment of CCS.

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CCS in the Clean Energy Ministerial

• What was the outcome of the ministerial in April?

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Financial gap

Legal and Regulatory

CCS in Industry

CO2 Storage

Marine Treaties

Developing Countries

Knowledge Sharing

Recommendations:

CCS in the Clean Energy Ministerial

• What was the outcome of the ministerial in April?

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Recommendation for Funding Support in Developing Countries

• “By CEM3; Identify and advance appropriate funding mechanisms to support the demonstration of large-scale projects in developing countries”

• No new coal fired power stations without CCS

• Committed up to £1billion for the first CCS demonstrator

• Committed to funding three further CCS demonstration projects

• Wider regulatory reforms introduced to underpin deployment of CCS: Electricity Market Reforms, Carbon Price Floor, Emissions Performance Standard, Infrastructure Consultation

• Contracts for first demo project to be signed soon for operation to start 2014/15

The UK Government’s Commitment to CCS