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刊行物、報告書および研究調査

 

Is CCS expensive?
Is CCS expensive?

30th May 2020

Carbon capture and storage (CCS) is needed as part of the toolkit of technologies to achieve net-zero emissions by mid-century. Yet, texts and commentary about CCS often include qualifiers that are related to the expenditures necessary to deploy it; ‘costly’, ‘exorbitantly expensive’, ‘unaffordable’, ‘uneconomical’. As such, the argument most often brought forward against deployment of CCS is that it is an expensive way of reducing emissions.

This brief written by our Senior Advisors for Advocacy and Communications Lucy Temple-Smith and Lee Beck demonstrates that:

  • To reach net-zero emissions by mid-century and achieve global climate change targets all decarbonisation options are needed.
  • Carbon capture and storage (CCS) plays an important role reducing emissions to net-zero and limiting the overall system cost of decarbonisation.
  • With versatile applications, CCS cost differs across its variety of industrial and power-related applications – there is no singular cost of CCS.
  • Considering the urgency of the climate crisis, cost should not be a deterrent to investing in CCS nor dictate sequencing of the deployment of decarbonisation options. Instead, deployment will lead to cost reductions.
  • A value on carbon is needed to support the business case for large-scale CCS deployment and overcome the technology ‘valley of death’.

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Disclaimer

The content within the Global CCS Institute Publications, Reports and Research Library is provided for information purposes only. We make every effort and take reasonable care to keep the content of this section up-to-date and error-free. However, we make no claim as to its accuracy, currency or reliability.

Content and material featured within this section of our website includes reports and research published by third parties. The content and material may include opinions and recommendations of third parties that do not reflect those held by the Global CCS Institute.

Brief – CCS Development in Southeast Asia
Brief – CCS Development in Southeast Asia

25th May 2020

In recent decades, Southeast Asia has been one of fastest growing regions of the world. Its energy demand has grown more than 80 per cent from 2000. Oil, coal and gas provides more than 70 per cent of its energy. With the region’s power generation fuel mix and rapidly growing natural gas production, alongside established and emerging emissions reduction committments, CCS has a unique and critical role to play.

In this paper, Institute’s Senior Client Engagement Lead Dr Tony Zhang, discusses why Southeast Asia needs CCS, the specific drivers behind the opportunities for accelerated deployment and the critical role of CCS hub and cluster networks in reducing the region’s emissions.

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Disclaimer

The content within the Global CCS Institute Publications, Reports and Research Library is provided for information purposes only. We make every effort and take reasonable care to keep the content of this section up-to-date and error-free. However, we make no claim as to its accuracy, currency or reliability.

Content and material featured within this section of our website includes reports and research published by third parties. The content and material may include opinions and recommendations of third parties that do not reflect those held by the Global CCS Institute.

The LCFS and CCS Protocol: An Overview for Policymakers and Project Developers
The LCFS and CCS Protocol: An Overview for Policymakers and Project Developers

24th May 2020

The Global CCS Institute has launched a report analyzing California’s recently passed carbon capture and storage protocol. The report provides a summary of the regulation for project developers and policymakers in other states and countries, given the Protocol's global applicability. While comparing it to other relevant regulations – including the federal carbon capture tax credit also known as 45Q – the report seeks to raise awareness for the opportunities created through the protocol and to advance deployment opportunities.

The protocol incentivizes carbon capture and storage projects reducing the lifecycle emissions from bioethanol, hydrogen, and crude, provided the fuel is sold into the California market, as well as direct air capture projects globally.

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Disclaimer

The content within the Global CCS Institute Publications, Reports and Research Library is provided for information purposes only. We make every effort and take reasonable care to keep the content of this section up-to-date and error-free. However, we make no claim as to its accuracy, currency or reliability.

Content and material featured within this section of our website includes reports and research published by third parties. The content and material may include opinions and recommendations of third parties that do not reflect those held by the Global CCS Institute.

2020 THOUGHT LEADERSHIP : The Value of Carbon Capture and Storage (CCS)
2020 THOUGHT LEADERSHIP : The Value of Carbon Capture and Storage (CCS)

13th May 2020

The new flagship Global CCS Institute thought leadership report analyzes the major benefits of the large-scale investment and deployment of CCS and discusses the existing evidence related to the value of CCS under two overarching themes.

CCS as an essential technology to economically meet long-term climate targets and for risk mitigation through: 

  • Achieving deep decarbonisation in hard-to-abate industry;
  • Enabling the production of clean hydrogen at scale;
  • Providing low-carbon dispatchable power;
  • Delivering negative emissions.

CCS is a driver of economic growth and employment by: 

  • Creating and sustaining jobs;
  • Supporting economic growth through new net-zero industries and innovation spillovers;
  • Facilitating a just transition by alleviating geographic and timing mismatches;
  • Enabling infrastructure reuse and deferral of decommissioning costs.

This report was authored by the Institute’s Senior Consultant – Economics Alex Townsend and Research Analyst Nabeela Raji, as well as the Institute’s General Manager – Commercial, Alex Zapantis. You can tweet about the report using #ValueCCS.

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Disclaimer

The content within the Global CCS Institute Publications, Reports and Research Library is provided for information purposes only. We make every effort and take reasonable care to keep the content of this section up-to-date and error-free. However, we make no claim as to its accuracy, currency or reliability.

Content and material featured within this section of our website includes reports and research published by third parties. The content and material may include opinions and recommendations of third parties that do not reflect those held by the Global CCS Institute.

Global Status of CCS 2019
Global Status of CCS 2019

27th March 2020

Launched at COP25 in December 2019, our Global Status of CCS 2019 Report provides a comprehensive review of the status of CCS globally. The 2019 report documents the current status of CCS around the world and the significant operational milestones over the past 12 months. The report tracks the worldwide progress of CCS technologies and the key opportunities and challenges it faces. insights from our experts, and a range of CCS Case Studies from around the world.

You can download the Report here.

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Disclaimer

The content within the Global CCS Institute Publications, Reports and Research Library is provided for information purposes only. We make every effort and take reasonable care to keep the content of this section up-to-date and error-free. However, we make no claim as to its accuracy, currency or reliability.

Content and material featured within this section of our website includes reports and research published by third parties. The content and material may include opinions and recommendations of third parties that do not reflect those held by the Global CCS Institute.

2020 Perspective : The European Green Deal: New opportunities to scale up carbon capture and storage
2020 Perspective : The European Green Deal: New opportunities to scale up carbon capture and storage

27th February 2020

The recent reports of the Intergovernmental Panel on Climate Change (IPCC), and the Commission vision for a climate neutral Europe , have mobilised support for climate neutrality by 2050 by most EU Member States. Balancing sources and sinks by 2050, and from that point onwards achieving net negative emissions, can only be delivered through a major economy-wide transformation and by substantially stepping up the use of all climate change mitigation and carbon removal technologies. The European Green Deal as the new big European project is an enormous challenge but also an opportunity to lead by example and transform the European economy.

This overview takes a closer look at the European Green Deal with its extensive list of initiatives, and highlights what to watch out for in the coming days, months and years regarding low carbon technologies like carbon capture and storage (CCS). This paper explores how climate targets, governance, just transition, carbon border adjustment, industrial strategy, hydrogen, financing and infrastructure can support CCS technologies. The second part of the paper highlights the three main challenges for CCS in the existing legislation that need to be considered in the upcoming wave of revisions and new initiatives.

It’s a snapshot of where we are as of February 2020, with a list of initiatives and processes to choose from when engaging with policymakers and stakeholders.

This piece was authored by Eve Tamme, Senior Advisor for Climate Change Policy at the Global CCS Institute.

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Disclaimer

The content within the Global CCS Institute Publications, Reports and Research Library is provided for information purposes only. We make every effort and take reasonable care to keep the content of this section up-to-date and error-free. However, we make no claim as to its accuracy, currency or reliability.

Content and material featured within this section of our website includes reports and research published by third parties. The content and material may include opinions and recommendations of third parties that do not reflect those held by the Global CCS Institute.

ROAD Project – Close out report
ROAD Project – Close out report

23rd July 2019

The ROAD project was one of the leading European CCS Projects from 2010 to 2017. During that time, a great deal of project development and engineering work was completed, including full design and procurement to allow a possible FID at end 2011 or early 2012.

This report gives the overview of all the public “close-out” reports written after the formal decision to terminate the project was made in September 2017. This set of reports is designed to present the knowledge gained and lessons learnt from the ROAD Project in an accessible form. The reports cover technical issues, financial issues, risk management, permitting and regulation. The objective is to give future CCS project developers, knowledge institutes, researchers and other interested parties the maximum opportunity to use the knowledge gained and lessons learnt by the ROAD project team.

You can find all the public reports and specific sections below.

Report sections Scope
Overview Introduce and summarise the public close-out reports.
Capture and Compression Technical report covering capture, compression and power plant integration.
Transport Technical report covering CO2 pipeline transport.
CO2 Storage Both technical and commercial aspects of CO2 storage for ROAD. Subsurface work required to demonstrate permanent storage is described.
Risk Management The risk management approach used by ROAD.
Permitting and Regulation Description of the regulatory and permitting framework and process for the ROAD project, including required changes to regulations.
Governance and Compliance Company structure and governance for Maasvlakte CCS Project C.V., the joint venture undertaking the ROAD Project.
Project Costs and Funding A presentation of the projected economics of the project, with both projected income and costs.
Finance and Control Description of the financial and control systems, including the costs incurred and grants claimed.
Knowledge Sharing Outline of the Knowledge Sharing & Dissemination plan as developed by the ROAD project and completed KS deliverables and actions.
Public Engagement Description of how ROAD organized and managed the Public Engagement process.

Disclaimer

The content within the Global CCS Institute Publications, Reports and Research Library is provided for information purposes only. We make every effort and take reasonable care to keep the content of this section up-to-date and error-free. However, we make no claim as to its accuracy, currency or reliability.

Content and material featured within this section of our website includes reports and research published by third parties. The content and material may include opinions and recommendations of third parties that do not reflect those held by the Global CCS Institute.

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