global status of ccs - curc.net 101 briefing series/briefing #4/2018 sr presentation...: government...

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GLOBAL STATUS OF CCS LEE BECK, SENIOR ADVISOR

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Page 1: GLOBAL STATUS OF CCS - curc.net 101 Briefing Series/Briefing #4/2018 SR presentation...: Government commitment to establish a hydrogen society by 2030, and creation of a Hydrogen Energy

GLOBAL STATUS OF CCS LEE BECK, SENIOR ADVISOR

Page 2: GLOBAL STATUS OF CCS - curc.net 101 Briefing Series/Briefing #4/2018 SR presentation...: Government commitment to establish a hydrogen society by 2030, and creation of a Hydrogen Energy

CLIMATE: WHERE WE ARE & WHERE WE NEED TO BE

Source: International Energy Agency, 2019, OECD/IEA, Paris

Page 3: GLOBAL STATUS OF CCS - curc.net 101 Briefing Series/Briefing #4/2018 SR presentation...: Government commitment to establish a hydrogen society by 2030, and creation of a Hydrogen Energy

GLOBAL CCS FACILITIES IN OPERATION AND UNDER CONSTRUCTION

Page 4: GLOBAL STATUS OF CCS - curc.net 101 Briefing Series/Briefing #4/2018 SR presentation...: Government commitment to establish a hydrogen society by 2030, and creation of a Hydrogen Energy

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DEPLOYMENT OF CCS CONTINUES TO PROGRESS

Page 5: GLOBAL STATUS OF CCS - curc.net 101 Briefing Series/Briefing #4/2018 SR presentation...: Government commitment to establish a hydrogen society by 2030, and creation of a Hydrogen Energy

* Includes facilities in Australia, Brazil and South Korea

LARGE-SCALE CCS FACILITIES BY REGION OR COUNTRY

Early development

Advanced development Construction Operating Total

North America 2 1 2 12 18

China 6 - 2 1 9

Europe 7 2 - 2 11

Gulf Cooperation Council - - - 2 2

Rest of World* 3 1 1 1 6

Total 18 4 5 18 48

Page 6: GLOBAL STATUS OF CCS - curc.net 101 Briefing Series/Briefing #4/2018 SR presentation...: Government commitment to establish a hydrogen society by 2030, and creation of a Hydrogen Energy

ACTUAL & EXPECTED OPERATION DATES UP TO 2022

Page 7: GLOBAL STATUS OF CCS - curc.net 101 Briefing Series/Briefing #4/2018 SR presentation...: Government commitment to establish a hydrogen society by 2030, and creation of a Hydrogen Energy

HYDROGEN AND CARBON CAPTURE: THE EMERGING GLOBAL RACE

Page 8: GLOBAL STATUS OF CCS - curc.net 101 Briefing Series/Briefing #4/2018 SR presentation...: Government commitment to establish a hydrogen society by 2030, and creation of a Hydrogen Energy

POLICIES AND PROJECT CHARACTERISTICS THAT HAVE OVERCOME BARRIERS TO INVESTMENT IN CCS

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Page 9: GLOBAL STATUS OF CCS - curc.net 101 Briefing Series/Briefing #4/2018 SR presentation...: Government commitment to establish a hydrogen society by 2030, and creation of a Hydrogen Energy

INCREASING POLICY CONFIDENCE

A growth in CCS policy confidence across multiple jurisdictions: EU: CCS Inclusion in the long-term strategy; debates in Germany, Netherlands, the European Commission UK: creation of the UK CCUS Council, and CCUS Cost Challenge Taskforce and recently published Action Plan, further reports highlighting the necessity of CCS Norway: Government support for Full-Scale CCS project including approval of funding for FEED, investment decision later this year China: Supporting CCUS pilots, amending Environmental Impact Guidance to address CCS, and creating carbon market in electricity Japan: Government commitment to establish a hydrogen society by 2030, and creation of a Hydrogen Energy Supply Chain (HESC) in Australia, CCS and hydrogen in the top of the agenda at G20

Page 10: GLOBAL STATUS OF CCS - curc.net 101 Briefing Series/Briefing #4/2018 SR presentation...: Government commitment to establish a hydrogen society by 2030, and creation of a Hydrogen Energy

CALIFORNIA LCFS: CCS PROTOCOL

Page 11: GLOBAL STATUS OF CCS - curc.net 101 Briefing Series/Briefing #4/2018 SR presentation...: Government commitment to establish a hydrogen society by 2030, and creation of a Hydrogen Energy

Q&A [email protected]

Page 12: GLOBAL STATUS OF CCS - curc.net 101 Briefing Series/Briefing #4/2018 SR presentation...: Government commitment to establish a hydrogen society by 2030, and creation of a Hydrogen Energy

TAKING A CLOSER LOOK AT CCS

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“CCS is a set of technologies that capture CO2 from large emission sources or from atmosphere and safely stores them underground.”

Uses of this versatile technology include: 1. Emissions abatement

• Power generation (natural gas and coal) • Industrial emissions (gas processing, cement, steel, waste incineration)

2. Carbon dioxide removal • Direct air capture • Bio-energy with CCS

3. Enabler of a new hydrogen energy economy • Steam methane reforming of natural gas with CCS

Page 13: GLOBAL STATUS OF CCS - curc.net 101 Briefing Series/Briefing #4/2018 SR presentation...: Government commitment to establish a hydrogen society by 2030, and creation of a Hydrogen Energy

REALITY CHECK: THERE HAS NEVER BEEN AN ENERGY TRANSITION

Source: International Energy Agency.Global Energy and CO2 Status Report 2019. https://www.iea.org/geco/

100

200

300

400

2011 2012 2013 2014 2015 2016 2017 2018 Mtoe

Coal Oil

Gas

Nuclear

Renewables

- 200

0

200

400

600

2014 2015 2016 2017 2018 MtCO2

Annual change in global energy-related CO2 emissions, 2014-2018

Annual change in global primary energy demand, 2011-18

In 2018, global CO2 emissions grew by 1.7 %, in the

US by 3.1%. Primary energy demand grew by 2.3 %,

almost 70% of which was met by fossil fuels with

renewables unable to keep up.

Page 14: GLOBAL STATUS OF CCS - curc.net 101 Briefing Series/Briefing #4/2018 SR presentation...: Government commitment to establish a hydrogen society by 2030, and creation of a Hydrogen Energy

LARGE-SCALE CCS FACILITIES BY INDUSTRY & STORAGE TYPE

Page 15: GLOBAL STATUS OF CCS - curc.net 101 Briefing Series/Briefing #4/2018 SR presentation...: Government commitment to establish a hydrogen society by 2030, and creation of a Hydrogen Energy

AMPLE GLOBAL STORAGE CAPACITY