Professional Documents
Culture Documents
Roadmap: Potential
and Future Challenges
Sean McCoy
CCS: Perspectives for the Southern
African Region
Johannesburg, South Africa
31 May 2011
OECD/IEA 2011
Messages today
1. The CCS Roadmap presents an
Source:
IEA ETP, 2010
BLUE Map Scenario
OECD/IEA 2011
Source:
CCS
CCS will
will be
be required
required in
in all
all regions
regions of
of the
the
world
world in
in power,
power, industry
industry and
and upstream
upstream
Source:
Coal
Coal power
power makes
makes
up
up around
around only
only 40%
40%
of
of stored
stored emissions
emissions
in
in 2050
2050
Source:
An investment challenge
Need to mobilise
Source:
Messages today
1. The CCS Roadmap presents an
In Salah
Snohvit
Rangely
2015
2020
2030
18
100
850
OECD
72%
50%
49%
Non-OECD
28%
50%
51%
Number of Projects
OECD/IEA 2011
Operating
Projects
Projects in Advanced
Planning or Construction1
OECD
6 (71%)
22 (71%)
27 (71%)
Non-OECD
2 (29%)
9 (29%)
11(29%)
31
38
Total
1
2
OECD/IEA 2011
Messages today
1. The CCS Roadmap presents an
Technology
Financing
Legal and regulatory
Public education and engagement
International collaboration
OECD/IEA 2011
emissions
Increase funding for CCS to an annual average investment of
USD 3.5 4 billion between 2010 and 2020 in OECD countries
Increase funding for CCS to an annual average investment of
USD 1.5 2.5 billion between 2010 and 2020 in non-OECD
countries (e.g. through CCS in the CDM/NAMA)
Establish incentives to accelerate commercial CCS
deployment beyond the demonstration phase
Fund longer-term R&D
Additional investment of 2.5 3 trillion between 2010-2050
OECD/IEA 2011
International Collaboration
Actions and Milestones
Grow CCS collaborative efforts, particularly in RD&D
The next five to ten years are critical to progress for CCS and
climate change mitigation
Thank-you!
Sean McCoy, Ph.D.
International Energy Agency
Energy Analyst, Legal & Regulatory Issues
Telephone: +33 (0)1 40 57 67 07
Email: sean.mccoy@iea.org
Web: www.iea.org/ccs/legal.asp
OECD/IEA 2011