Carbon Capture & Storage Factbook - Schlumberger Business ...

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PROJECTS ‒ INVESTMENTS AND KEY PLAYERS As a result, CCS development is not seeing the necessary growth rate recommended by the IEA for its demonstration phase GAP IN ANNUAL GROWTH RATE REQUIRED IN IEA‟S 450 SCENARIO % of growth rate in installed capacity (GW for power, MtCO 2 /year for CCS) 60% 55% 50% Current growth rate (5 year average) Required growth rate in the 450 scenario (until 2020) 60% 45% 40% 35% 30% 25% 27% 20% 15% 18% 10% 5% 3% 4% 5% 6% 7% 8% 0% Notes: Source: Nuclear Geothermal Power Hydro CCS Biomass power CSP Growth rates are a function of installed generation capacity (GW) or installed storage rate capacity (MtCO2/year) for CCS. The current rate for wind and biofuels is the annual average growth rate from 2005 -2010. For solar PV, biomass, geothermal, and CSP, this period is 2004-2009. The current rate and status of nuclear includes capacity under construction. Required growth rate in the 450 scenario is for the period 2010-2020 IEA (2011), “Clean Energy Progress Report” and IEA(2009), “Technology Roadmap, <strong>Carbon</strong> capture and storage” © 2012 SBC Energy Institute. All Rights Reserved. Biofuels Wind Solar PV 19
Decrease of capture costs PROJECTS ‒ DYNAMIC OF CCS DEMONSTRATION So far, CCS has been advancing at two speeds: O&G-related projects are making progress but CCS in power or industrial plants without EOR has stagnated DISTRIBUTION OF THE 16 LARGE PROJECTS* IN OPERATION OR PAST FINAL INVESTMENT DECISION (FID) As of October 2012 Lower costs Oil & Gas related projects O&G PROCESSING** Non-EOR 5 Large Projects 2 past FID 3 operating EOR 4 Large Projects 1 past FID 3 operating INDUSTRIAL HYDROGEN*** 1 Large Project past FID 4 Large Projects 2 past FID 2 operating POWER OR HEAVY INDUSTRY 0 Large Project 2 Large Projects past FID _ No storage revenues <strong>Storage</strong> revenues High costs + Note: Source: * “Large Projects” refers to integrated CCS projects above 0.6MtCO2/year. ** Natural gas processing plant or oil sand upgrader *** hydrogen production plant for chemical or fertilizer, including steam methane reforming and coal gasification plants FID: Final Investment Decision SBC Energy Institute based on GCCSI database © 2012 SBC Energy Institute. All Rights Reserved. 20
Page 1 and 2: LEADING THE ENERGY TRANSITION Carbo
Page 3 and 4: EXECUTIVE SUMMARY (1/2) │CCS is a
Page 5 and 6: TABLE OF CONTENTS 1. CCS Technology
Page 7 and 8: TECHNOLOGIES ‒ R&D INVESTMENTS AN
Page 13 and 14: TECHNOLOGIES ‒ KEY R&D AREAS OF F
Page 15 and 16: TECHNOLOGIES ‒ KEY R&D AREAS OF F
Page 17 and 18: PROJECTS CCS entered the demonstrat
Page 19: PROJECTS ‒ INVESTMENTS AND KEY PL
Page 23 and 24: PROJECTS ‒ DYNAMIC OF CCS DEMONST
Page 25 and 26: PROJECTS ‒ DYNAMIC OF CCS DEMONST
Page 27 and 28: Capital requirement * Technology ri
Page 29 and 30: 3. Economics EOR revenues compensat
Page 31 and 32: ECONOMICS - RATIONALE FOR CCS In in
Page 33 and 34: ECONOMICS - RATIONALE FOR CCS CCS e
Page 35 and 36: ECONOMICS - COST STRUCTURE Applying
Page 37 and 38: ECONOMICS - POTENTIAL FOR COST DECR
Page 39 and 40: ECONOMICS - POTENTIAL FOR COST DECR
Page 41 and 42: ECONOMICS - ECONOMIC INCENTIVES Glo
Page 43 and 44: 4. Perspectives The pipeline of CCS
Page 45 and 46: PERSPECTIVES - PROJECTS OUTLOOK Pro
Page 47 and 48: PERSPECTIVES - PROJECTS OUTLOOK By
Page 49 and 50: PERSPECTIVES - PROJECTS OUTLOOK Chi
Page 51 and 52: PERSPECTIVES - RECOMMENDATIONS AND
Page 53 and 54: APPPENDIX Four main capture process
Page 55 and 56: APPPENDIX Orders of magnitude • E
Page 57 and 58: APPPENDIX Bibliography (1/2) • Ad
Page 59: September 2012 Copyright © SBC Ene

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