carboncaptureand storage in norway...final investment decision -crucial aspects: 1)results from...

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Olje- og energidepartementet Olje- og energidepartementet 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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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:

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

Page 2: CarbonCaptureand Storage in Norway...Final Investment Decision -Crucial Aspects: 1)Results from FEED, including quality,costs, risks, 2)Expected learning effect vs. resources spent:

Olje- og energidepartementet

Norsk mal:Tekst med kulepunkter

Norwegian CCS strategy – a broad approach

R&D DEMO FULL SCALE

Page 3: CarbonCaptureand Storage in Norway...Final Investment Decision -Crucial Aspects: 1)Results from FEED, including quality,costs, risks, 2)Expected learning effect vs. resources spent:

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

Page 4: CarbonCaptureand Storage in Norway...Final Investment Decision -Crucial Aspects: 1)Results from FEED, including quality,costs, risks, 2)Expected learning effect vs. resources spent:

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

Page 5: CarbonCaptureand Storage in Norway...Final Investment Decision -Crucial Aspects: 1)Results from FEED, including quality,costs, risks, 2)Expected learning effect vs. resources spent:

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

Page 6: CarbonCaptureand Storage in Norway...Final Investment Decision -Crucial Aspects: 1)Results from FEED, including quality,costs, risks, 2)Expected learning effect vs. resources spent:

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

Page 7: CarbonCaptureand Storage in Norway...Final Investment Decision -Crucial Aspects: 1)Results from FEED, including quality,costs, risks, 2)Expected learning effect vs. resources spent:

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