2.1 Background

This report draws together the key findings of the preceding four foundation reports undertaken as part of the comprehensive baseline study on the global status of CCS.

These foundation reports include:

  • a comprehensive survey of global CCS projects to determine their status as at 31 March 2009. This information will enable a complete CCS project database to be compiled, updated and maintained and for projects to be directly compared (Report One);
  • a detailed analysis of capture, transport and storage cost structures for power generation plants and a select range of industrial activities. This will provide comprehensive cost estimates of both delivered electricity and additional production costs for industrial processes, and will also allow informed evaluations of CCS options to be made (Report Two);
  • a detailed assessment on the current status of CCS regulations and policies to support CCS developments around the world. This analysis is provided on a country and/or regional basis, where appropriate, to identify and discuss policies that reduce regulatory and economic impediments to the deployment of CCS (Report Three); and
  • a comprehensive list and analysis of existing research and development (R&D) networks (government, academia, industry and institutes) around the world. This will identify, collect and analyse a range of information on CCS R&D networks, identify research and technology gaps and develop non-prescriptive recommendations to address these issues (Report Four).

This synthesis report summarises the key findings of the four foundation reports. Importantly, it attempts to assess the gaps and barriers to achieving the deployment of commercial scale, integrated CCS projects globally within the 2020 timeframe as stated by the Group of Eight (G8) nations.

The learnings are then synthesised to assess the key CCS gaps and challenges. The existing CCS projects identified in this study are compared to the characteristics of projects required to achieve the G8 objective. Overlays of the findings from the four foundation reports are also used to analyse the identified issues.

The key CCS gaps and challenges are also guided by a risk matrix developed using an expert panel and the coordinators of the four foundation reports to identify, rank and compare key issues. Through this process the risks can be compared and mitigation strategies developed for consideration and action by the Global CCS Institute.

Figure 2-1 Document map for the Synthesis Report

Uniquely, this baseline study was informed by key industry stakeholders in their respective professions. The baseline survey undertaken as part of Report One engaged numerous stakeholders around the world involved in CCS activities and projects. The cost structures of CCS are both contemporary and comprehensive, and are informed through WorleyParsons’ and Schlumberger’s own direct experience and market-based costs of developing CCS projects across a range of large stationary emitters. Results were compared with findings from published literature. The global review of CCS policies is informed by Baker and McKenzie’s engagement with stakeholders in local, state, federal and international jurisdictions in this space. While there are literally thousands of CCS R&D activities globally, the Electric Power Research Institute’s (EPRI’s) overview of CCS activities is an attempt to identify the most significant in the time allotted.