Global emissions, Australia’s exports, and Carbon Capture and Storage Tania Constable Chief Executive Officer Grattan Institute and Melbourne Energy Institute Thursday 5 March 2015
Scale and value Energy Production: 17,460 PJ /yr: 60% coal, 13% gas Consumption was 6194 PJ /yr: 39% Oil (mostly imported), 34% coal, 22% gas Electricity production: 914 PJ /yr: 66% coal, 19% gas, 10% renewables Coal 4th largest economic resources, holding 9% of world resources Black: 1,641,863 PJ, 110 yrs at current usage rate Brown: 435,577 PJ, 510 yrs at current usage rate Other fossil fuels Large gas resource: currently 1.6% world resources Conventional gas: 109,433 PJ, 51 yrs at current usage rate Low liquid petroleum: 0.3%, crude oil, condensate: 29,019 PJ. net importer of oil Shale Oil resource: 131,659 PJ, unused Uranium: 24% world resources, 657,440 PJ, 170 yrs at current usage rate
Large-scale global CCS projects Source: Global CCS Institute Google
Large-scale global CCS projects Source: Statoil Sleipner CO 2 injected: Sleipner has injected and stored more than 10 million tons of CO 2 into the Utsira reservoir. The amount is more than the total the Norwegian fleet emits in two years. Boundary Dam The Boundary Dam Integrated Carbon Capture and Storage Demonstration Project is the first commercial-scale power plant equipped with a fully-integrated CCS system. Source: SaskPower
Gorgon Project The Chevron-operated Gorgon Project is one of the world’s largest natural gas projects and the largest single-resource development in Australia. Construction operations are over 90% complete. Source: Chevron Corporation Callide Oxyfuel The Callide Oxyfuel Project is world leading project that aims to demonstrate how carbon capture technology can be applied to a coal-fired power station to generate electricity with low emissions. CCS in Australia Source: CS Energy
CO2CRC Otway Project The CO2CRC Otway Project is the country’s first demonstration of the deep geological storage or geosequestration of carbon dioxide (CO 2 ), the most common greenhouse gas. CCS in Australia
Without pressure management With pressure management Techno-Economic Assessment Holistic assessment across the CCS chain (e.g. source-sink matching) Guiding policy and business decisions (e.g. storage management options) Directing technology development (e.g. solvent improvement) Evaluating development pathways (e.g. low emission electricity options) Latrobe V. – Gippsland South Qld – Surat North Qld – Eromanga Hunter V. – Surat Lithgow – Gippsland North Qld – Eromanga On-costs Injection Transport Power Cost of CO 2 Avoided (A$/t) MEA KS-1 Ideal aqueous Ideal L Ideal S Solvent L Best configuration Solvent S Best configuration Source: Prof Diane Wiley, CO2CRC/ UNSW
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