uk ccs update & acorn ccs project · 03/06/2019 pale blue dot energy limited • developing the...
TRANSCRIPT
UK CCS update & Acorn CCS project Japan CCS Forum June 12th 2019Sam Gomersall - Commercial Director
16/05/2019
Pale Blue Dot Energy Limited
www.pale-blu.com03/06/2019
Pale Blue Dot Energy Limited
• Developing the UKs leading CCS and clean hydrogen project in Scotland; Acorn
• Providing an update today on CCS in the UK, on behalf of the UK Government
Pale Blue Dot Energy
www.pale-blu.com
CCUS Deployment Pathway: An Action Plan
3
• Published November 2018
• Commitment in the Clean Growth Strategy and Government’s response to the CCUS Cost Challenge Taskforce
Key Messages:1. UK’s vision is to become a global leader in CCUS, unlocking the potential of
CCUS and securing the added value CCUS can bring to our industrial centresand businesses across the UK
2. UK’s ambition is that the UK should have the option to deploy CCUS at scale during the 2030s, subject to the costs coming down sufficiently
3. UK’s Action Plan is designed to enable the establishment of the first CCUS facility in the UK, commissioning from the mid-2020s
UK
Polic
y
www.pale-blu.com
International Collaboration – a theme from the Action Plan
4
UK
Polic
y
We will work with other Governments to identify and address barriers to cross-border transport of carbon dioxide and promote ratification of the London
Protocol
• UK and Norway signed a Memorandum of Understanding (MOU) on collaboration on CCUS • UK and USA signed an Energy Implementing Agreement, including CCUS• UK co-leading CCUS Mission Innovation Challenge• UK co-leading CCUS CEM Initiative
Current and upcoming activity:
Ministers Claire Perry and Kjell-BørgeFreiberg signing the UK-Norway MOU onCCUS
“International collaboration is vital to the complex task of accelerating CCUS globally. Working with other governments and industry will be essential to driving cost reductions and shifting perceptions of CCUS"
www.pale-blu.com5
UK
Polic
y
Unprecedented level of engagement from Ministers, CEOs from across industry and senior executives from the financial sector
• The Summit underlined the importance of CCUS, the need for urgent action and for it to be mainstreamed in climate negotiations
• Participants recognised that progress has been made, highlighted that strengthened partnership will be critical for accelerating CCUS, together with clear policy direction and new business models
• IEA and UK Government will maintain this momentum throughout 2019
Minister of State for Energy and Clean Growth The Rt Hon Claire Perry MP andFatih Birol, Executive Director of the International Energy Agency with Summitattendees in Edinburgh, November 2018.
International Collaboration: Accelerating CCUS Summit
www.pale-blu.com03/06/2019
Pale Blue Dot Energy Limited
• 2007-2015 All about power• 2015 Disappointment• About Industry and Heat• Hydrogen agenda• Operational by mid 2020s• Ready for scale up in 2030s• CCS Essential not Optional
CCS in the UK
www.pale-blu.com03/06/2019
Pale Blue Dot Energy Limited
• Greta Thunberg • Extinction Rebellion • Committee on Climate Change
Sense of urgency is increasing
www.pale-blu.com03/06/2019
Pale Blue Dot Energy Limited
Enabling CCS in the UK
Initiating clean hydrogen
Decarbonising industry
www.pale-blu.com
Acorn: multi-project
03/06/2019
Pale Blue Dot Energy Limited
Acorn HydrogenHydrogen production from natural gas with CO2 capture at St Fergus, Scotland
Acorn CCSCapture, Transport and Storage of CO2 at St Fergus, Scotland
Acorn shippingTransfer of CO2 by ship to Peterhead for onpass to St Fergus for storage
www.pale-blu.com
TeessideHumbersideThamesSouth Wales
Norway
Netherlands
03/06/2019
Pale Blue Dot Energy Limited
Acorn Overview
www.pale-blu.com03/06/2019
Pale Blue Dot Energy Limited
• Low capital cost re-using existing pipelines
• Storage site appraised from oil and gas activity
• Built in oversizing to stimulate the market
• Strategic location enabling multiple options
• Takes stakeholders along and benefits whole UK
• Builds a real option for the UK in the 2030s
www.pale-blu.com03/06/2019
Pale Blue Dot Energy Limited
Acorn: St Fergus Gas Terminal
www.pale-blu.com
Acorn: St Fergus Location
03/06/2019
Pale Blue Dot Energy Limited
www.pale-blu.comwww.pale-blu.com
Goldeneye
CO2 Storage
Acorn CO2 Storage Site
03/06/2019
Pale Blue Dot Energy Limited
www.pale-blu.com
Peterhead CO2 ship import & transfer to St Fergus
03/06/2019
Pale Blue Dot Energy Limited
www.pale-blu.com
North Sea CO2 shipping
03/06/2019
Pale Blue Dot Energy Limited
www.pale-blu.com03/06/2019
Pale Blue Dot Energy Limited
Clean Hydrogen
www.pale-blu.com
Acorn Project Status
03/06/2019
Pale Blue Dot Energy Limited
www.pale-blu.com03/06/2019
Pale Blue Dot Energy Limited
Acorn Project Plan2018 2020 2022 2026
CCS
CCS Build
Feas. -CEF 1
Feasibility -ACT ERA-NET
Pre-FEED
Hydrogen
2024 2028
FID
First CO2 injection
Commercial Operations
Expand CCS
FEED
Hydrogen Build
Expand Hydrogen production
www.pale-blu.com
Acorn opportunity
• The first PCI funded project
• CO2 storage license in place
• Re-use of O&G infrastructure
Acorn Hydrogen enables;
• Hydrogen blending into the NTS
• Local hydrogen applications
• Early learning for other regions
Acorn CCS enables;
• Initiation of CCS in the UK
• Decarbonisation of multiple regions
• A CCS project by 2023
Acorn Summary
03/06/2019
Pale Blue Dot Energy Limited
www.pale-blu.com
You are never too small to make a difference
– Greta Thunberg
03/06/2019
Pale Blue Dot Energy Limited