carboncaptureand storage in norway...final investment decision -crucial aspects: 1)results from...
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![Page 1: CarbonCaptureand Storage in Norway...Final Investment Decision -Crucial Aspects: 1)Results from FEED, including quality,costs, risks, 2)Expected learning effect vs. resources spent:](https://reader035.vdocument.in/reader035/viewer/2022081619/60fd82ad398e8f2dc67a4477/html5/thumbnails/1.jpg)
Olje- og energidepartementet
Norsk mal: Startside GRÅ
Olje- ogenergidepartementet
Assistant Director General Kristin Myskja, Norwegian Ministry of Petroleum and Energy
Klimatforum 2019, Stockholm, 15 March 2019
Carbon Capture and Storage in Norway
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Olje- og energidepartementet
Norsk mal:Tekst med kulepunkter
Norwegian CCS strategy – a broad approach
R&D DEMO FULL SCALE
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Olje- og energidepartementet
Norsk mal:Tekst med kulepunkter
Solberg Government's Political Platform
A CCS project in Norway will:
– Demonstrate a full chain of capture,
transport and storage of CO2
– Demonstrate CO2 capture in existing
industry
– Establish infrastructure for transport and
storage of CO2
– Provide cost and risk reductions for
subsequent CCS projects
"…realise a cost-effective solution for full-scale CCS in Norway, provided
that this incite technology development in an international perspective".Solberg Government's Political Platform
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Olje- og energidepartementet
Norsk mal:Tekst med kulepunkter
Waste incineration400 000 tonnes CO₂ per year
Cement production400 000 tonnes CO₂ per year
Ship transport from capture site to storage location –pipeline to offshore storage complex
The Norwegian CCS demonstration project
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Olje- og energidepartementet
Norsk mal:Tekst med kulepunkter
Timeline
Start FEED –summer 2018
QA – prepare investment decision –2019/2020
Investment decision by the
Storting and the industrial
actors –2020/2021
Development –2020/2021à
Operation –2023/2024
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Olje- og energidepartementet
Norsk mal:Tekst med kulepunkter
ChallengesFinal Investment Decision - Crucial Aspects:
1) Results from FEED, including quality, costs, risks,2) Expected learning effect vs. resources spent:
Will the Norwegian CCS project make a significant contribution to international use of CCS?
3) Political acceptance and support4) Sharing of costs and risks5) The London Protocol
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Olje- og energidepartementet
Norsk mal:Tekst med kulepunkter
Challenges – and opportunities for cooperationFinal Investment Decision - Crucial Aspects:
1) Results from FEED, including quality, costs, risks,2) Expected learning effect vs. resources spent:
Will the Norwegian CCS project make a significant contribution to international use of CCS?
3) Political acceptance and support4) Sharing of costs and risks5) The London Protocol