Broad deployment of CCS by 2020 – a myth or reality?
Date: June 15th 2010 Author:
Andreja Krašna
Category: Articles
Topic: CO2 emissions , New technologies
Topic: CO2 emissions , New technologies
The International Energy Agency (IEA), the Carbon Sequestration Leadership Forum (CSLF) and the Global CCS Institute, have launched a new report on the progress made on carbon capture and storage (CCS) to be presented to G8 leaders at their June Summit in Canada.
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In fact, considerable progress has been made towards commercialisation of CCS since the G8 leaders’ commitment to its broad deployment by 2020 two years ago, yet the governments and industry will need to pick up the pace in order to achieve the goal of launching 20 large CCS demonstration projects by 2010, IEA press release reads.
A high-level political focus over the past two years resulted in a strong momentum of CCS technologies, leading to pilot plants being commissioned, legal and regulatory frameworks being developed worldwide, etc. IEA Executive Director Nobuo Tanaka who believes that broad deployment of CCS by 2020 is achievable yet challenging underlined that “government support is vital to helping projects under development overcome the final hurdles”. Nevertheless, the governments and industry must intensify future collaboration in order to implement projects under development and enable that the G8 goals are reached.
According to the IEA CCS Technology Roadmap which was published last October, about 100 CCS projects would be needed globally by 2020 – of which nearly a half in the developing countries – in order to limit the concentration of CO2 in the atmosphere and keep global temperature increase below two degrees Celsius. A recent study commissioned by the Global CCS Institute has shown that there are some 80 large-scale integrated CCS projects at various stages of development around the globe, most of which are in the United States, Canada, Australia, the United Kingdom, but also in China and the Middle East. The next step according to Nick Otter, CEO of the Global CCS Institute is “rapid progress towards operation of those projects... if CCS is to be on-track for broad deployment by 2020”.
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