In February, the South West Hub began a 3D seismic survey project to map the underground rock layers, at the site. The South West Hub is seeking to find out exactly what lays beneath the site's surface and to create strong enough background knowledge for industry to make a commercial decision whether it wants to invest in carbon capture and storage technology.
The information gained would allow the area's industries, such as the area's main gas and electricity supplier Synergy, to pipe and "capture" CO2 emissions before they are released into the atmosphere.
(Source: ABC (Australia) Rural, 19 Mar., 2014)
Contact: CSIRO, Dr. Adrian Chappell, +61 3 9545 2176, firstname.lastname@example.org, www.csiro.au
Tags Australia CCS news, CSIRO news,
The rule creates a "consistent national framework" to facilitate the technology, including language that exempts the carbon streams pumped underground from the EPA's hazardous waste regulations under Resource Conservation and Recovery Act (RCRA).
The rule also clarifies that the EPA does not expect to deem sequestration a waste management activity, which would subject the practices to other regulations. (Source: EPA, The Hill, Blog, 2 Jan., 2014)
Tags Geologic Sequestration news, CCS news, Coal-Fired Power news, Carbon Capture news, Carbon Emissions news, CCS news,
The CO2 Test Centre Network was launched in 2012 by the CO2 Technology Centre Mongstad (TCM, Norway), NCCC (US) and other carbon capture test facilities. (See our Feb. 4, 2013 edition for details) The founding Test Centre Network embers include: CO2 Technology Centre Mongstad (Norway), National Carbon Capture Center (Alabama, US), Southern Company's CCS demonstration facility (Alabama, US), J-Power (Japan), ENEL Engineering and Research (IT), E.ON (Germany), DOOSAN Power Systems (UK) and SaskPower (Canada). Membership in the network is open to any large-scale CCS test centers.
The network aims to:
provide enhanced technical learning and confidence that can be beneficial for projects in applying more efficient CCS solutions;
increase insight and awareness of different technologies for relevant stakeholders that may reduce risks and increase investments in CCS technology;
provide a broader base of factual evidence which can increase general transparency of CCS, and thereby enhance public awareness and acceptance of the technology; and to
increase the value of public and private CCS research and technology investments through increased sharing of lessons learned and results from parallel activities. (Source: TCMDA, HydroCarbon Processing, 8 Nov., 2013) Contact: CO2 Technology Centre Mongstad, Tore Amundsen, Managing Director, +47 900 51 222, http://www.tcmda.com
Tags CCS news, Carbon Capture news, CO2 Technology Centre Mongstad news,
Monitoring is an essential part of carbon storage, both for verifying the amount of carbon dioxide being stored and understanding how the gas behaves underground. The rigorous monitoring required for CCS provides assurance of long term storage integrity and an early warning if things are not going as planned.
"The meeting is a significant research event and brings together scientists from the US, Europe, the UK and Australia. It is part of a global scientific effort to develop new and improved technologies for monitoring geologically stored carbon dioxide, and is a vital underpinning to the development of CCS," according to CO2CRC CEO Dr. Richard Aldous.
The meeting is being sponsored by CO2CRC, ANLEC R&D, the CarbonNet Project, Chevron, The Global CCS Institute and Shell. (Source: CO2CRC, Aug 23, 2013) Contact: CO2CRC, Tony Steeper, email@example.com, www.co2crc.com
Tags Carbon Monitoring news, Carbon Emissions news, CCS news,
Global Carbon Management Software and Services Market 2011-2015 -- The global market for carbon management software and services (CMSS) is forecast to grow at a 35.9% CAGR through 2015. One of the key factors contributing to this market growth is the increasing shift toward green concepts. The Global CMSS market has also been witnessing increased number of governmental rules and regulations. However, lack of awareness regarding CMSS could pose a challenge to the growth of this market. Key vendors dominating this market space include Enablon North America Corp., Enviance Inc., Hara Software Inc., and IHS Inc. Other vendors mentioned in this report include Advantage IQ Inc., Accenture plc, PE International GmbH, IBM Corp., Summit Energy Services Inc., Greenstone Carbon Management Ltd., CarbonSystems Pty Ltd., Carbonetworks, Deloitte Inc., Foresite Systems Ltd., Intelex Technologies Inc., Perillon Software Inc., ProcessMAP Corp., TRIRIGA Inc., Verisae Inc., and Verteego. An Executive Summary and free sample pages are available at http://www.giiresearch.com/report/infi245872-global-carbon-management-software-services-market.html
The 10-year research project aims to explore new CCS storage technologies and is a joint initiative of energy giant Shell Oil, QP and the Qatar Science and Technology Park (QSTP) in collaboration with Imperial College, London.
As of today, there are only 23 active and 53 planned CCS projects worldwide. (Source: Zaway, 4 December, 2012) Contact: Qatar Petroleum, +974 4449 1449, www.qp.com.qa
Tags CCS news, Carbon Emissions news,
CCS techniques, such as enhanced oil recovery, have been extensively used in the energy sector but only recently has the concept of long-term carbon storage been viewed as a viable tool for reducing the amount of carbon released from power plants into the atmosphere. Correspondingly, only 238 MW of CCS capacity was installed globally at the end of 2011. A more substantial 10 GW is, however, expected to come online by 2020.
China, the US, Australia, Japan, Norway, the Netherlands and the UK have invested heavily in CCS R&D and are the global leaders in the industry. Even so, there are currently no active large-scale CCS projects for coal-fired power plants.
(Source: ESI-Africa, Dec. 3, 2012) Contact: Global Data, (646) 395-5477, www.globaldata.com
Tags GlobalData news, CCS news, Carbon Emission Target news,
The new laboratories represent a significant step forward in the development of CCS as a solution to climate change, by helping to build knowledge that can be used to unlock the vast CO2 storage potential of carbonate reservoirs. Laboratory researchers will also analyze how liquids and gases move through carbonate rock to optimize oil and gas production. The research in the new laboratories will be the first in the world to utilise multi-scale X-Ray CT technology alongside other state-of-the-art measurement and modelling techniques to understand the way CO2 interacts with, and flows in, carbonate rock formations.
With more than 50 researchers, including PhD students from Qatar, the new venture will create one of the largest university-based CCS research teams in the world.
The programme will operate internationally in both Qatar and the UK over the coming years with the main site ultimately located in Qatar and hosted at QSTP, which will provide state-of-the-art equipment and facilities.
(Source: Gulf Times, Sept. 16, 2012)
Tags CCS news,
Beginning in late 2015, Quest will capture and store deep underground more than one million tonnes a year of CO2 produced in bitumen processing. Quest will reduce direct emissions from the Scotford upgrader by up to 35 per cent. Quest is the world's first commercial-scale CCS project to tackle carbon emissions in the oilsands, and the first CCS project in which Shell will hold majority ownership and act as designer, builder and operator. It will also form the core of Shell's CCS research program and help develop its CO2 capture technology. Shell has received the necessary federal and provincial regulatory approvals for Quest.
The Alberta government plans to invest $745 million in Quest from a $2-billion fund to support CCS, while the Canadian federal government in Ottawa will provide $120 million through its Clean Energy Fund.
The captured CO2 from will be transported via an 80-kilometre underground pipeline to a storage site north of Scotford where it will be injected two kilometres underground into a porous rock formation called the Basal Cambrian Sands, located beneath layers of impermeable rock. (Source: Royal Dutch Shell, 5 Sept., 2012) Contact: Shell, www.shell.com
Tags Royal Dutch Shell news, CCS news, Albert Oilsands news,
The Peter Cook Center for CCS Research will incorporate existing extensive research hosting more than 30 scientists working on CCS. The Peter Cook Center for CCS Research is a collaborative partnership between CO2CRC, Rio Tinto, The University of Melbourne and the Victorian Department of Primary Industries.
The centre will bring together professors and researchers from a wide variety of disciplines, including the chemical and process engineering associated with capturing CO2 from power plants, and the geology and geomechanics required for storage of carbon dioxide in deep rock formations.
The CO2CRC is one of the world's leading collaborative research organizations focused on carbon dioxide capture and storage. The CO2CRC is a joint venture comprising participants from Australian and global industry, universities and other research bodies from Australia and New Zealand, and Australian Commonwealth, State and international government agencies. (Source: Melbourne School of Engineering, Aug. 21, 2012) Contact: Melbourne School of Engineering, www.eng.unimelb.edu.au
Rio Tinto, Rio Tinto, + 44 20 7781 2000, www.riotinto.com
Tags CCS news, Rio Tinto news,
Throughout the year the university research staff and students created a total of 35 companies, filed 62 patents and concluded 51 license agreements to allow commercial use of technologies developed on campus. (Source: Fife Today, Univ. of Edinburgh, 20 Aug., 2012)
Contact: University of Edinburgh, www.ed.ac.uk
Tags CCS news,
Instead of charging people a fee based on their tonnes of emissions, as an incentive to use less, you could require everyone to pay a disposal fee for the carbon up front when they buy oil, gas, or coal. It's possible to separate carbon dioxide (CO2) from air and to bury it underground. The cost of doing so could be built into the disposal fee. For instance, if it cost $600 to bury a tonne of carbon, there could be a $600 deposit required on that quantity of fossil fuel. If you burn it, capture the carbon and sequester it, then the deposit gets returned to you. If you just vent the CO2 into the air, then you lose the deposit. The effect is similar to a carbon tax, with an exemption for firms that demonstrably nullify their emissions. (Of course all the issues with safety and verification and CCS remain.)
A $600 carbon price would have a large and immediate effect on an economy like Canada's, so this probably isn't politically possible either. (Of course, it would be possible to start lower and scale up, giving people more time to adjust.) There may well be all sorts of other problems with it also, but I thought it was an idea worth contemplating. (Source: Milan Ilnyckyj, 18 May, 2012)
About the author: Originally from Vancouver, Milan Ilnyckyj is a graduate of the University of British Columbia (B.A. International Relations and Political Science) and the University of Oxford (M.Phil International Relations). In September 2012, he will be starting a PhD in Political Science at the University of Toronto and a Junior Fellowship at Massey College.
Julian Vincent of Greenpeace says governments are paying an unfair share of the research bill because the coal power industry is unwilling to invest. He says taxpayer money would be better spent on renewable energy projects such as solar and wind. "We need technologies, we need solutions that are on the table, that can be implemented in the next few years, if not already," he said.
A Victorian-based CCS research project has questioned Greenpeace's findings.
CEO Richard Aldous from the CO2 cooperative research center near Warrnambool says CCS is a viable option to slow climate change.
"All of the research that we're seeing is indicating that CCS is neck and neck with renewables in terms of its ability to contribute to the climate change fight " he said. (Source: Greenpeace, May 16, 2012) Contact: Greenpeace, www.greenpeace.org
Tags Greenpeace news, CCS Funding news,
The Engineering and Physical Sciences Research Council (EPSRC) will invest £10 million in the Centre over a five-year period, with funding of £3 million from the Department of Energy and Climate Change (DECC) to establish new capital facilities that will support innovative research. This forms part of the Research Councils UK Energy Programme, which is led by EPSRC.
DECC has also launched its CCS Commercialization Programme and Roadmap, setting out the Government's vision for achieving commercial deployment of CCS in the UK in the 2020s, including investing £125 million in CCS R&D between 2011-2015. A key priority will be to support the UK economy by driving an integrated research programme focused on maximizing the contribution of CCS to a low-carbon energy system for the UK. (Source: Nottingham University, April, 9, 2012) Contact: Nottingham University, www.nottingham.ac.uk
Tags CCS R&D news, DECC news,
The EIU study found that Singapore used three megajoules of energy to generate US$1 (S$1.30) of GDP - half the Index's average of six megajoules. The Index had examined the environmental performance of 22 Asian cities in eight categories including environmental governance, air quality, energy and carbon dioxide emissions. The NCCS also noted that the methodology used by the WWF in its upcoming Asia Footprint Report differs from that of the United Nations Framework Convention on Climate Change (UNFCCC). The latter attributes emissions from goods to the country where they are produced, while WWF attributes carbon emissions from the goods to the importing country.
Based on the UNFCCC's method, Singapore ranked below countries such as Brunei, Australia and South Korea in terms of per capita emissions, said the NCCS. Even so, the NCCS noted "inherent limitations" in the use of per capita indicators to measure carbon emissions. "Carbon emissions per capita as a measure disadvantages countries with small populations," it said. This is so for Singapore due to its small land area, with no readily available alternative energy sources.
Singapore ranks favourably when it comes to energy intensity, the NCCS also pointed out.
Its CO2 emissions per dollar or GDP is among "the lowest internationally" - or 123 out of 137 countries, based on data from the International Energy Agency.
Last Monday, the WWF had revealed that Singapore topped the list of carbon emitters per capita in the Asia-Pacific, saying its high GDP per capita fueled consumption habits and citing the corporate sector and construction industry as a significant contributor.
(Source: Today Online, March 14, 2012) Contact: NCCS, www.nccs.gov.sg
The project will focus on CO2 reuse prospects in developing APEC economies, practical possibilities for CO2 reuse and stimulating interest in exploring the near-term opportunities for CCUS in these economies. The project will cooperate with the Carbon Sequestration Leadership Forum (CSLF), whose focus has recently been broadened to include CCUS. The objectives of the project are:
The agreement also includes Masdar, the Masdar Institute of Science and Technology, the Middle East's first home grown, research driven high level institute and Scottish Enterprise.
In Scotland, CCS research will be co-ordinated through the Energy Technology Partnership (ETP), an alliance of 12 independent Scottish Universities, engaged in world class related energy research, development and demonstration.
With around 250 faculty and 700 researchers, ETP is the largest, power and energy research partnership in Europe, and brings a wealth of knowledge and expertise in renewables to the agreement to drive forward global-leading initiatives. (Source: TradeArabia News Service, January 17, 2012) Contact: Masdar, +971 2 653 3333, www.masdar.ae
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WCO2 is a European based Business to Business provider, focusing on carbon offset project solutions and consultancy services for small to medium size businesses and carbon brokerage houses. Through the extensive global database of emerging and developed market offset projects, the company is able to work with leading companies to reduce their global footprint. WCO2 will provide the carbon calculator to its clients on both a white label and non white label basis, hence providing a valuable metric for both individuals and businesses, who wish to measure their carbon emissions.
Calculations available include household electricity and energy emissions, auto and transportation emissions,freight and cargo emissions, and office energy and space emissions methodology.
WCO2 utilized numerous governmental and non-governmental sources for the emissions methodology and the appropriate calculations. Predominantly the US Energy Information Administration was utilized, as this department supplied WCO2 with accurate up to date information and data. Other organizational bodies that were used include the Defra / DECCs Reporting, the World Resources Institute and the Environmental Protection Agency.(Source: WCO2, October, 6, 2011)
Contact: Otto Butchardt, WCO2, +43(0)1531470, www.w-co2.com
The act introduces a new license for permanent carbon storage. Applicants must demonstrate their financial and technical capability for such activities, submit a monitoring plan, provide any financial security that the minister may require. Holders of an exploration and production license cannot apply for a permanent CO2 storage license for the same reservoir at the same time. Former E&P licensees must submit a new application. The holder of an E&P license for minerals or geothermal heat has no priority status in obtaining a license for permanent storage or for the exploration of reservoirs for the purpose of permanent storage. This deviates from the system under the existing Mining Act, whereby the holder of an E&P license has priority status when obtaining a storage license for the same reservoir.
Under the new act, enhanced hydrocarbon recovery is not regarded as permanent storage The act requires the holder of a permanent carbon dioxide storage license to arrange for non-discriminatory third-party access against reasonable and transparent conditions to the storage facility. Such third-party access is also mandatory for the transport network to which the storage facility is connected.
Although the directive was due to be implemented by July 25 2011, the effective date of the new legislation has not yet been set. In line with Dutch state policy, it is expected to enter into force on January 1 2012. Draft amendments were published on September 15, 2011. (Source: Loyens & Loeff, September,26,2011)
Contact: Waldo Kapoen, Loyens & Loeff, +31 20 578 51 14 , firstname.lastname@example.org
More Energy Overviews CCS Reg. & Leg. news,
Similar projects are being explored in Chine, including a post-combustion capture project at a power station in Beijing and an enhanced coal-bed methane project that aims to further develop tools to understand the interactions between injected CO2 and coal at multiple sites in China.(Source: CO2CRC, September, 22, 2011)
Contact: CO2CRC, +61 2 6120 1600, www.co2crc.com.au; Australia's Department of Resources, Energy and Tourism, +61 2 6276 1000, www.ret.gov.au
Atlas III provides a coordinated update of carbon capture and storage (CCS) potential across most of the United States and portions of Canada. The primary purpose of Atlas III is to update the CO2 storage potential for the United States and Canada, and to provide updated information on the Regional Carbon Sequestration Partnerships' (RCSPs) field activities. In addition, Atlas III outlines DOE's Carbon Sequestration Program, DOE's international CCS collaborations, worldwide CCS projects, and CCS regulatory issues; presents updated information on the location of CO2 stationary source emissions and the locations and storage potential of various geologic storage sites; and further provides information about the commercialization opportunities for CCS technologies from each RCSP. (Source: NETL, September, 8, 2011)
What marks the Icelandic experiment apart from other carbon storage projects is that turning the CO2 into stone means it will not escape back into the atmosphere, as is feared with underground gas storage. The short term goal is to allow geothermal power stations to get rid of the CO2 they bring up from the depths and thereby become truly carbon neutral. Project organizers are cautiously allowing themselves to imagine the wider potential of the technique if the experiment goes well. Huge areas of the world's land sit on top of basalt, meaning the technique could be carried out on a massive scale as a measure in the fight against harmful climate change.
Almost half of the $10 million project is funded by Reykjavik Energy. Additional funding is from two universities, France's National Center of Scientific Research, the US DOE, the EU and from Scandinavian funds. The experiment will last six months to one year, but is only in the first stage. (Source: ICE News, August, 29,2011)
Contact: CarbFix, email@example.com,www.or.is/English/Projects/CarbFix/
More Energy Overviews CCS R&D news,
GE's Global R&D Center in Niskayuna will use $749,954 to continue research and bench-scale testing of a novel CO2 capture solvent, aminosilicone, developed as part of a previous DOE-funded program. A manufacturing plan for the solvent and price model will be used for optimization, and combined with a rigorous process model and thorough manufacturability analysis for the solvent, will enable a practical technology path to later development at larger scales and commercialization.
The Center will use $608,570 to develop novel polymer membranes that have the potential to meet DOE's CO2 capture goals by permitting CO2 to pass through to produce a concentrated CO2 stream while blocking all other gases. Physical, chemical, and mechanical stability of the materials toward coal flue gas components will be evaluated using exposure and performance tests, and other analyses will be conducted to evaluate the overall performance and impact of the process on the cost of electricity. (Source: DOE, August, 25, 2011)
Contact: GE, www.ge.com
More Energy Overviews General Electric news, Carbon Capture Technology news, CCS R&D news,
The US DOE and Masdar Carbon are co-funding the innovative research in an agreement that sees Masdar provide an additional $700,000 in funding to the DOE's core $3 million budget.
According to Masdar Carbon Associate Director Bader al Lamki, "Masdar Carbon is committed to the innovation and development of clean fossil fuel technologies aimed at reducing carbon dioxide emissions both locally and globally. We are excited to work with RTI International and the US Department of Energy on this innovative project which has the potential to revolutionize both the economics and technology of CCS practices." (Source; Masdar Carbon, August, 23, 2011)
Contact: Bader Al Lamki, Associate Director of Masdar Carbon, +971 2 653 3333 / 800
More Energy Overviews CCS R&D news,
The innovative multi-institution project is an integral part of finding out whether CCS is a viable option to help deal with CO2 emissions from coal-fired power plants. There are about 50 such plants in Canada, each producing more than a million tonnes of the GHG per year.
While the typical rate of injection in CO2 storage pilot studies is one megatonne (million tonnes) per year or less, it is thought this rate needs to be several times higher. Enhanced simulation tools, such as those developed by this research, will allow engineers to predict and respond to changing conditions at CO2 storage sites where the rate of injection is an expected 10 to 30 megatonnes per year. (Source: University of Sask., Exchange, August, 24, 2011)
Contact: Chris Hawkes, University of Saskatchewan, (306)966-5753, firstname.lastname@example.org
More Energy Overviews Carbon Management Canada news, CCS R&D news,
Andrews reiterated that since much of the nation's carbon capture R&D has stalled or been scuttled because it is hard to justify the expense without a government-mandated price on carbon. Andrews adds that it is critical that universities and other public institutions fill the gap that the private sector has left.(Source: DOE, August, 15, 2011)
Contact: Rodney Andrews, Director, UK Center for Applied Energy, (859) 257-0200, email@example.com
More Energy Overviews Carbon Capture Technology news,
The EU's emissions trading scheme (ETS) forces polluting factories and power plants to pay for carbon emissions, in a scheme partly intended to make green technologies competitive. The price of pollution permits EAUs called European Union allowances (EUAs) have fallen 25 percent in the past month, however, following concerns about the pace of European economic recovery. Friday's report said that CCS would need continued support after 2020, to compete with unconstrained fossil fuel power and give energy companies time to fine-tune the technology.
The G20 has called for 20 commercial-scale CCS plants worldwide by 2020. EU states are preparing funding for 10-12 commercial projects by then. CCS has a high capital cost and also inflicts a penalty on power plant efficiency. Pilot projects around the world have been repeatedly delayed or canceled and no commercial-scale plant has yet been built. On Thursday U.S. power producer American Electric Power said that it was freezing plans to commercialize CCS, ending an agreement with the U.S. DOE, citing uncertainties over U.S. climate policy and a weak economy.
Friday's ZEP report, The Costs of CO2 Capture, Transport and Storage, estimated that the cost of cutting emissions using CCS ranged from about €35-90 euros per tonne of CO2, after 2020, depending on the type and price of fossil fuel.
That compares with an EU carbon price of about 12.3 euros on Thursday, meaning at the moment it is much cheaper for coal plants simply to buy emissions permits than to install CCS technology.
The Zero Emissions Platform (ZEP) study reported wide ranges in its cost estimates depending on for example on assumptions about fuel prices. It concluded that, regardless of those assumptions, the cost would be less if projects were coordinated into clusters, transporting CO2 from several sources into a single sink. (Source: ZEP, July, 15, 2011)
Contact: Graeme Sweeney, Chair , Zero Emissions Platform, an EU-industry initiative, +32-(0)2-401-6124 , www.zeroemissionsplatform.eu
More Energy Overviews Zero Emissions Platform news,
The EC considers CCS as a potentially important technology for the reduction of GHG emissions and the mitigation of climate change. Since several European states (U.K., Norway, Netherlands, Italy) aim to store CO2 below the seabed, more work needs to be done to evaluate the safety of these sub-seabed storage sites. The EU has thus allocated €10.5 million to the ECO2 project to evaluate the likelihood of leakage, the possible impacts on marine ecosystems, and the potential economic and legal consequences of leakage from sub-seabed storage sites.
Potential risks of sub-seabed CO2 storage will be assessed comprehensively by a large team of geologists, biologists, chemists, economists, lawyers and social scientists from leading academic institutions and private companies. After four years they will provide not only a comprehensive risk assessment but also guidelines for monitoring and a best environmental practice guide for preparation and management of storage sites. To meet these requirements the scientists will study the two existing Norwegian offshore CO2 storage sites Sleipner and Snohvit as well as the B3 field in the Polish Baltic Sea, which could potentially be used as a storage site. They will reassess whether or not gas is being released at these sites, how it could be transported through the different strata of the seafloor and the water column, and which reactions are involved. Comparative data will be obtained at natural CO2 seeps off Italy (Panarea), Japan (Okinawa Trough), Germany (Salt dome Juist), and Norway (Jan Mayen). Advanced instrumentation for monitoring of storage sites will be tested in the field during more than a dozen research cruises. The likelihood of leakage and the impact on marine organisms and ecosystems will be evaluated not only in the field but also by laboratory experiments and numerical modeling.
A dedicated working group will study how the public is responding to offshore CO2 storage projects. The project results will be continually communicated to the general public and a stakeholder dialogue will be implemented with representatives from environmental NGO's, EU administrations, and operators of CCS projects. The first expeditions will already be conducted during spring and summer 2011 to monitor the seafloor and evaluate the safety of the storage sites located in the North Sea and Barents Sea. (Source: Leibniz Institute of Marine Sciences, May, 20, 2011)
Contact: Leibniz Institute for Marine Sciences (IFM-GEOMAR), www.ifm-geomar.de
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The facility will test how small CO2 diffuse leakages can influence the vegetation, microorganisms, lichens and soils and aims to find useful, cheap and ecological bio-indicators of any CO2 concentration variation in wide areas. It will also serve as a laboratory for agricultural tests of the beneficial effects of low CO2 emissions. In addition, the installation will be a tool to test and calibrate measurement instruments such as accumulation chambers, sensors, etc.
Construction began in April 2011 and the project is slated to be fully operational in October 2011.
The research team is comprised of a multidisciplinary group of biologists, chemists, geologists and other collaborators.
The EU has funded the project, the first research phase of which is estimated at €1 million.
The results obtained will be applied to CIUDEN's CO2 Storage site in Hontomin, Burgos (Spain) which is planned to be completely operational in early 2013. (Source: CIUDEN, May, 2011)
Contact: CIUDEN, + 34 987 456 323, www.ciuden.es
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The agreement came in the wake of recommendations set forth by the Carbon Capture Use and Storage (CCUS) Action Group—led by the UK and Australia and composed of 13 governments and 14 international institutions, including WRI - which included the need to identify and advance appropriate funding mechanisms to support the demonstration of large-scale CCS projects in developing economies.
In its 2009 CCS Roadmap, the International Energy Agency estimated that 3,400 CCS projects will be needed by 2050 to meet the global climate change mitigation challenge and two-thirds of them will need to be implemented in developing countries. However, CCS development in a non-OECD context has been slow to start, especially when it comes to large-scale (greater than 1 million tons of CO2 per year) demonstration projects. One of the main barriers to CCS demonstrations in developing countries is their significant cost. Accordingly, WRI sees the need to develop effective financing strategies to enable the implementation of CCS demo projects worldwide.
Progress on all three fronts will be needed for effective implementation of CCS projects in developing countries in order to move forward on answering the key questions in CCS development and deployment. It is unlikely that any of these three channels will on their own have the necessary scale and delivery conditions to fund CCS demonstrations. However, by complementing each other, there is a good chance that enough momentum can be generated to get CCS demonstrations up and running globally. In turn, the learning generated from these demonstrations will enable non-OECD countries to better gauge the potential of the technology for their local context.(Source: WRI, April, 21,2011)