The role of CDM in Carbon Dioxide Capture and Storage

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What’s needed before registering CDM CCS projects • An accepted methodology which is applicable to your CCS project type • A fully completed PDD which is validation ready • A DOE who is approved by the CDM EB to validate CCS projects • Host (non-annex 1) and annex 1 country approval • Capacity for CDM Registration and Issuance Team (RIT) to access the PDDs for CCS projects • Before ERs can be verified, need at least 1 other DOE which is approved for the CCS sectoral scope • The more the current CDM framework needs to be modified for CCS, the longer it will take for the first project to be registered
Why bother with the CDM? • May seem very onerous at first but already 276 registered projects with over 11.1 million CERs issued • CCS projects associated with enhanced fossil fuel production can increase IRR through income from CERs • CCS projects which have no income source (from fossil fuel sales) can confirm an income stream through the sale of CERs • The CDM can help to attract debt / equity investors to finance the CCS project • Good as a means to promote Corporate Social Responsibility (CSR) for both the CER generator (seller) and buyer 8
Page 1 and 2: The role of CDM in Carbon Dioxide C
Page 3 and 4: A First CCS Methodology Submitted t
Page 5 and 6: Different types of CCS projects and
Page 7: Methodological Issues • Once CCS
Page 11 and 12: IRR of CCS Project with CER Revenue

The role of CDM in Carbon Dioxide Capture and Storage

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