FOSSIL.ENERGY.GOV Early CCUS Deployment through CO 2 -EOR: A Case for Catalyzing CCS
Jul 17, 2015
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Early CCUS Deployment through CO2-EOR: A Case for Catalyzing CCS
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Competition for Global Resources
Global Environmental Trends and Policies
Game-Changing Technology
Uncertainty
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Key Bilateral Activities
U.S.-China Clean Energy Research
Center
U.S.-India Coal Working Group
Global Carbon Capture and
Storage Institute (Australia)
Key Multilateral Activities
Carbon Sequestration
Leadership Forum
Global Carbon Capture and
Storage Institute
International Energy Agency
(various )
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Large-Scale Geologic CO2 Storage
CO2 Capture from Industrial Facilities
Post-Combustion Capture with Enhanced Oil Recovery
IGCC with Enhanced Oil Recovery
Oxy-combustion
Advanced Technology for Carbon Capture, Utilization and Storage
IGCC with CO2 Capture (to pipeline)
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CCPI Round II
CCPI Round III
ICCS (Area I)
Hydrogen Energy California IGCC with EOR
$408 Million - DOE $4.0 Billion - Total
Summit Texas Clean Energy IGCC with EOR
$450 Million - DOE $1.7 Billion - Total
NRG Energy Post Combustion with CO2
Capture and EOR $167 Million – DOE $339 Million - Total
Air Products CO2 Capture from Steam
Methane Reformers with EOR $284 Million - DOE $431 Million - Total
Leucadia CO2 Capture from Methanol
with EOR $261 Million - DOE $436 Million - Total
Southern Company Services IGCC-Transport Gasifier
(CO2 to pipeline) $270 Million - DOE $2.67 Billion - Total
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Domestic Energy Security
• 60 billion barrels of crude production from domestic EOR resources
• By 2030 ~15% of U.S. crude oil consumption could be supplied by CO2-EOR
Economic Security
• $3.5 trillion in reduced expenditures on imported crude oil
• 622,000 new jobs
• Cost of captured CO2 in 2020: $13 - $22/tonne CO2
• Cost of captured CO2 in 2030 : $1/tonne CO2
Environmental Sustainability
• Meeting President’s Goal: 83% reduction in GHG emissions by 2050
• IEA: “CCS …most important technology option”
• CO2-EOR can spur deployment of commercial CCUS
The “Un-Mined Gold” Story for Energy, Jobs, and Sustainability
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Create a Compelling Choice for Fossil Energy that is Game-Changing and Sustainable
Innovative Technology
Jobs
Government Revenues
GDP Growth
Environmental Sustainability