The Hope for Carbon Capture and Storage (CCS) Meri Riski, Christoph Töpfer Energy and Sustainable Development Prof. Dr. Schleicher Technique of CCS - Capture Technique of CCS - Transport Pipeline compressed Ship liquified Importance between location of sources and storage site Experience with gas transport No network in Europe so far Technique of CCS - Storage Source: Dürr (2009: 5) Source: IPCC (2005: 7, 199) Economics of CCS Costs are usually expressed in costs of energy production ($/MWh) or costs of avoided CO2 ($/t) CCS costs occur in capture, transport, storage Costs depend on technology, fuel price trends, emission caps (ETS), investment and the assumption that CCS is applied commercially Abatement costs need to be compared to renewables If CCS is not commercial in 2020 renewables might provide better economic potential Capture PC=pulverized coal IGCC=integrated gasification combined cycle NGCC=natural gas combined cycle LCOE=levelised costs of electricity Source: IEA (2011: 38) Comparison of CCS with renewables Component Min. €/tCO2 Max. €/tCO2 Renewables €/tCO2 Capture coal 11 55 Biomass 22-39 Capture gas 3.70 41 Wind 30-34 Transport 0.70 8 Geothermics 122 Geological Storage 0.30 9 Monitoring 0.10 0.30 Sum coal 12.10 72.30 Sum gas 4.80 58.30 Source: Dürr (2009: 7) Long term cost are seen to shrink to 30-48 €/t Electricity generation costs for CCS are estimated to 7-11ct/kWh in 2020 and 12 ct/kWh for the mix of renewables (without PV 10ct/kWh) (WIC, 2010: 236) Regulations and policies timing Where does the authority lie for different aspects of CCS? development towards more comprehensive CCS regulatory framework around the world (Australia, EU, UK, USA,Korea & South Africa..) geological stability, potential hazards and sub-surface property rights , criteria for site selection and use of a power plant can be defined European Union, the CCS Directive (2009) CCS process is achievable and available in larger scale from 2020. The directive defines guidelines for the geological storage safety and environmental requirements for storage guidelines for proper monitoring of the installations and closed sites the directive requires storage permits and exploration permits under nation states sovereignty operator has to report the results of the monitoring to the competent authority at least once a year References Dürr, Dietmar. 2009. “Carbon Capture and Storage (CCS): Chancen und Risiken der Kohlendioxidabscheidung und –speicherung“. <http://www.energie-fakten.de/pdf/ccs-inagendo-v10.pdf> (29.03.2011). International Energy Agency (IEA). 2008. “CO2 Capture and Storage”. OECD/IEA, Paris. International Energy Agency (IEA). 2010a. “Energy Technology Perspectives”. OECD/IEA, Paris. International Energy Agency (IEA). 2010b. “Carbon Capture and Storage: Legal and Regulatory Review”. <http://www.iea.org/ccs/legal/regulatory_review_edition1.pdf> (28.03.2011). International Energy Agency (IEA). 2011. “Cost and Performance of Carbon Dioxide Capture from Power Generation. < http://www.iea.org/papers/2011/costperf_ccs_powergen.pdf> (01.05.2011). Intergovernmental Panel on Climate Change (IPCC). 2005. IPCC Special Report on Carbon Dioxide Capture and Storage. New York et. al.: Camebridge University Press. Wuppertal Institut for Climate, Environment and Energy (WIC). 2010. “Comparison of Renewable Energy Technologies with Carbon Dioxide Capture and Storage (CCS)”. <http://www.wupperinst.org/uploads/tx_wiprojekt/RECCSplus_final_report.pdf> (27.03.2011).