SPE Online Education
The National Petroleum Council Roadmap to At-Scale Deployment of Carbon Capture, Use, and Storage in the United States
Includes a Live Event on 01/29/2020 at 11:30 AM (EST)
The United States leads the world in CCUS deployment today with approximately 80% of the world’s carbon dioxide (CO2) capture capacity, with many of the early projects driven by market economics, including the availability of low-cost supply of CO2 and demand for CO2 for enhanced oil recovery (EOR). Moreover, although the United States is currently the world leader, its 25 million tonnes of CCUS capacity represents less than 1% of the CO2 emissions from stationary sources.
As the US explores options to promote economic growth and ensure energy security while protecting the environment by reducing carbon dioxide emissions over time; the U.S. Secretary of Energy requested the National Petroleum Council (NPC) to undertake and deliver a comprehensive study that would define potential pathways for deploying and integrating CCUS technologies at scale, into the energy and industrial marketplace in the United States, with an emphasis on the petroleum industry.
The United States has more than 6,500 large stationary sources emitting approximately 2.6 billion tonnes of CO2 per year across multiple industries. Many of these sources are located near geologic formations suitable for CO2 storage, providing opportunities to expand deployment of CCUS and extend the U.S. leadership position.
Large-scale CCUS technologies require significant investments and infrastructure, as well as the cooperation of multiple industries. The oil and natural gas industry has unique capabilities to contribute to CCUS at the scale required, including the handling of large volumes of gas and liquids, deploying world-scale equipment, evaluating the subsurface for safe storage capacity, monitoring the integrity of storage, constructing pipeline infrastructure, and managing the construction and operation of large capital-intensive projects.
Accordingly, the report addresses the entire CCUS supply chain from capture through use and/or storage. It understands that the success of CCUS at scale requires economic and operational integration across industries, harmonized local/state/federal regulations, and broad public acceptance. The report addresses the technology advances and choices needed; infrastructure requirements, economics, cross-sector integration, regulation, policy options, and public acceptance.
All content contained within this webinar is copyrighted by Nigel Jenvey and its use and/or reproduction outside the portal requires express permission from Nigel Jenvey.
Industry Leader, Carbon Management and Carbon Capture
Nigel has over 24 years of global oil and gas industry experience in technology, exploration, development and production operations with major oil and gas operating companies. He is an industry leader in Carbon Management and expert in Carbon Capture, Use and Storage (CCUS) having previously held roles such as the chair of the CO2 Capture Project, chair of the North American CCS Association, and program chair of the Society of Petroleum Engineers CCUS Technical Section.
For the National Petroleum Council CCUS Study he was alternate chair for the Coordinating Subcommittee, lead for the Roadmap to Deployment Team and co-author of the Supply Chain and Economics chapter. At Gaffney, Cline & Associates, Nigel leads the global Carbon Management practice to help customers understand the wide variety of options available that will ensure continued business success through the energy transition.
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