Appendix I. Technical Bankability Gap Analysis 2020 - New Projects Needs

The objective of this analysis is to find where additional storage bankability assessment should be performed in order to achieve the 100 projects by 2025. We remind the reader that in this approach, the 100 projects target does not include CO2-EOR contribution to the CCS deployment. Please refer to part 5.3 page 110 to see how CO2-EOR is included in the study. This analysis requires a first assessment of source-sink matching on a regional basis. For such a quick-look assessment, the CO2 emission sources below 1Mtpa have been neglected. Consequently, such qualitative source-sink analysis could be altered at a local level by early opportunities.

The locations pointed out are merely indicative. They have been chosen in order to characterize the potential of area where no CCS project currently exists and close to CO2 emission hubs. As mentioned earlier, storage development is often on the critical path of development of CCS projects. Therefore, it is necessary to start characterization ahead of schedule in order not to be constrained by storage assessment issues.

Moreover, the objective of the storage characterization programme is to explore suitability of areas closed to emission hub. Indeed the suitability map (Figure 14) evolves in time. A characterization programme led in a possible area might conclude it should be finally labelled as suitable. The possible label only indicates that the requirements for CO2 storage could be present in those areas and should be check. This is one of the objectives of this source sink matching.