Carbon Capture & Storage Factbook - Schlumberger Business ...
Carbon Capture & Storage Factbook - Schlumberger Business ...
Carbon Capture & Storage Factbook - Schlumberger Business ...
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TECHNOLOGIES ‒ R&D INVESTMENTS AND KEY PLAYERS<br />
Current R&D budgets allocated to CCS rank third after solar and biofuels<br />
2011 R&D INVESTMENT IN CCS AND RENEWABLES<br />
$ billion<br />
Solar 1.9<br />
2.2<br />
4.1<br />
Biofuels 1.5<br />
0.4 1.9<br />
CCS (2010)* 0.5 1 1.5<br />
Wind 0.6 0.6 1.2<br />
Biomass 0.3 0.3 0.6<br />
Government R&D<br />
Corporate R&D<br />
Small hydro 0.3<br />
Geothermal 0.2<br />
Notes:<br />
Source:<br />
Because CCS projects are not commercial yet, the frontier between R&D and demonstration is unclear. R&D projects are defined here as all those other<br />
than Large Projects (integrated projects above 0.6 MtCO 2 /year)<br />
SBC Energy Institute. Data for renewables are from UNEP, “Global Trend in Renewable Energy Investment” 2011. CCS expenses are SBC Energy<br />
Institute estimations based on IEA, Global Gap in CCS RR&D, 2010; and the Commission of the European Communities, 2009 for the ratio public/private<br />
R&D for CCS<br />
8<br />
© 2012 SBC Energy Institute. All Rights Reserved.<br />
8
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