3 Large-Scale CCS Projects

CHAPTER HIGHLIGHTS

  • 2014 has been a pivotal year for CCS:
    • the world's first large-scale CCS project in the power sector is operational at the Boundary Dam power station in Saskatchewan, Canada
    • an additional two large-scale CCS power sector projects in the US are expected to come into operation in 2015-16, and
    • construction is underway on the world's first large-scale CCS project in the iron and steel sector in Abu Dhabi, UAE.
  • These four projects are among the 22 large-scale CCS projects in operation and construction (Execute stage) around the world – double the number at the beginning of the decade. The total CO2 capture capacity of these 22 projects is around 40 million tonnes per annum (Mtpa).
  • There are 14 large-scale CCS projects in advanced planning (Define stage), including nine in the power sector, many of which are anticipated to be in a position to make a final investment decision during 2015.
  • There are a further 19 large-scale CCS projects in earlier stages of planning, bringing the number of large-scale CCS projects identified by the Institute to 55 (total CO2 capture capacity of around 106 Mtpa).
  • The US dominates in terms of large-scale CCS project numbers (19) followed by China (12) and Europe (eight).
  • Within the full set of projects in the Operate, Execute and Define stages there is a subset of around 20 projects that is particularly important. These projects have the potential to demonstrate CCS in operation at large scale in the power sector and in new industrial processes, to demonstrate dedicated geological storage of CO2 (not just EOR) and the use of varying fuel sources and different capture technologies from a range of suppliers.
  • Advancing European projects into construction (and operation) will play an important role in establishing a positive perception of CCS globally. All planned large-scale CCS projects in Europe are focused on the power sector using dedicated (offshore) geological storage options.
  • There is a lack of large-scale CCS projects in non-OECD economies (outside of China) and limited progress in CCS technology development in high CO2 emitting industries such as cement, iron and steel and chemicals.