GLOBAL CCUS DEVELOPMENTS

Midland EOR Carbon Management Workshop

December 2015

Cover image: Overlooking the Quest Capture facility located at Shell -

Scotford, near Fort Saskatchewan, Alberta. Image provided by Shell.

Reserves to production ratio:

~75 years

The Global CCS Institute

We are an international membership

organisation.

Offices in Washington DC, Brussels,

Beijing and Tokyo. Headquarters in

Melbourne.

Our diverse international

membership consists of:

o governments,

o global corporations,

o small companies,

o research bodies, and

o non-government organisations.

Specialist expertise covers the

CCS/CCUS chain.

OUR MISSIONTo accelerate the

development,

demonstration and

deployment of CCS

globally.

1Fact-based,

influential

advice and

advocacy

2Authoritative

knowledge

sharing

Our Vision for CCS:

CCS is an integral part of a low-carbon future

Fossil fuel demand growing and reserves robust

Source: BP Statistical Review of World Energy 2015

Fossil fuel proved reserves:

6 trillion barrels of oil equivalent

Reserves to production ratio:

~75 years

Source: IEA World Energy Outlook, 2015 (New policies scenario)

CCS is a vital element of a low-carbon energy future

Source: IEA Energy Technology

Perspectives (2015)

A transformation in how we generate and use energy is needed

Gt

CO

2em

issio

ns

6DS

2DS

A significant task within one generation

45 large-scale CCS projects -

combined capture capacity of

80 Mtpa*:

• 22 projects in operation or

construction (40 Mtpa)

• 11 projects in advanced

planning, five nearing FID

(15 Mtpa)

• 12 projects in earlier stages

of planning (25 Mtpa)

OECDNon-OECD

4,000 Mtpa of CO2

captured by CCS by 2040 (IEA 450 Scenario)**

40 Mtpa

Global Status

of CCS: 2015

*Mtpa = million tonnes per annum **Source: IEA, Energy Technology Perspectives (2015).

Large-scale CCS projects by region or country

North America (with 13 in the US and 6 in Canada), China (with 9)

and UK (with 5) have the most projects

Americas 1 3 5 11 20

Early

planning

Advanced

planningConstruction Operation Total

China 5 4 - - 9

Europe 2 4 - 2 8

Gulf Cooperation

Council- - 1 1 2

Rest of World 4 - 1 1 6

Total 12 11 7 15 45

15 large-scale projects are operational

Source: Large Scale CCS Projects database, Global CCS Institute (2015)

Large-scale projects expected to become operational by 2017

Source: Global Status of CCS: 2015, Global CCS Institute (2015)

A global portfolio of operating CCS projects is emerging

Source: Global Status of CCS: 2015, Global CCS Institute (2015)

Relative US DOE cost reduction targets and timing for second

generation and transformational carbon capture technologies

Source: Fueling the Future: Safe, affordable, secure energy, Plasynski (2015)

Geographical coverage of storage resource assessments

Source: Global Storage Readiness Assessment, Global CCS Institute & Causebrook (2015)

Regional analysis – Gulf Cooperation Council (GCC)

GCC countries are at an early stage of CCS/CCUS deployment.

Saudi Arabia is home to the region’s first operational large-scale CCS project

The UAE hosts the world’s first CCS/CCUS project in the iron and steel sector.

The focus of CCS/CCUS activity in the region is two-fold:

o validate large-scale projects under local conditions

o support for R&D activities

Confidence from these programs is a key driver for longer-term deployment.

The Global Status of CCS: 2015

The Institute’s key publication

Summary Report, Key Findings and other

advocacy materials can be found at:

http://status.globalccsinstitute.com/

Full report is available online at the Institute’s

Members Portal.

www.globalccsinstitute.com