Message from the CEO

The past 12 months have been a period of substantial achievement for the Global CCS Institute.

We maintained our track record of acquiring and releasing critical knowledge on enabling and executing CCS projects, and exceeded 200 expert reports on our website. This was supported by our first series of webinars on topical subjects, and not only did some webinars receive hundreds of registrants online, but their rate of viewing on our website afterwards was even greater; more than 3000 people have now viewed these recorded webinars. Importantly, we have commissioned targeted reports on knowledge gaps. The cost of CCS is regularly cited as a key reason for its slower than hoped for uptake. During the year, we released a very important report assessing the findings of a number of studies by credible institutions, confirming that CCS is cost competitive in many situations with other low and zero-emission technologies. The good news is that with more deployment, the cost is likely to fall.

The Institute continues to produce the world’s most comprehensive annual stocktake and analysis on the status of large-scale CCS projects. This year, the download rate for the Global Status of CCS report from our website was at a record level. Since publishing, the report or selected pages therein were downloaded more than 14,000 times. We are very appreciative of the extraordinary assistance and cooperation we received from projects around the world that willingly provided data. It remains encouraging that there are more than 70 large-scale integrated projects globally. Importantly, and often unheralded, is the fact that there are today eight of these projects in operation, while a further eight are under construction.

In 2012, we had the honour and pleasure of signing a Memorandum of Understanding (MOU) with the Department of Climate Change, National Development and Reform Commission, China to underpin a substantial cooperative program of activities in China to accelerate the uptake of CCS technology. Our Capacity Development Program engaged with an increasing number of developing nations, and this year we were very pleased to add Trinidad and Tobago to the family.

We are proud to be the lead organisation in a joint venture that was awarded the European Commission contract to host and deliver the European CCS Demonstration Project Network over the next four years. This contract, worth a total of €3 million, is a testament to the Institute’s knowledge sharing capabilities and expertise.

Our Regional Offices in North America, Europe and Japan have delivered a large increase in events and conferences for the benefit of Members, as well as stronger connections with project proponents.

We also embarked on the development of a Five-Year Strategic Plan, a process that is the cornerstone for reforming and re-focusing the Institute to ensure that after the first three years of its life, it fully and comprehensively engages with its owners – the Members – and delivers to them the services and outcomes that they most value and need. I look forward to listening to as many Members as possible on what they want from their Institute and then discussing how we can best deliver these outcomes.

It has been a year of achievement at the Institute, none of which would have been possible without the dedication and hard work of all of the staff, to whom my deepest thanks and appreciation go.

Finally, I wish to record my thanks to the Australian Government for their ongoing support for the Institute in its formative years. It remains a far-sighted and unique strategic initiative that will benefit not only Australia as a significant energy commodity producer and exporter, but many millions of other people around the world as we address the climate change challenge.

Brad Page, CEO

Global CCS Institute