CCS The development worldwide Evonik’s view Dr. Alfred Tacke Chairman of the Board of Management Evonik Steag GmbH, Germany.

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Presentation transcript:

CCS The development worldwide Evonik’s view Dr. Alfred Tacke Chairman of the Board of Management Evonik Steag GmbH, Germany

February 2008 | Carbon Capture and StoragePage 2 Construction Walsum 10 Commissioning: 2010 gross capacity: 750 MW project volume: 800 Mio € Fuel: imported hard coal

February 2008 | Carbon Capture and StoragePage a new generation of power plants - Efficiency above 50% will be available Source: VGB PowerTech 2007 R&D Programme EU: Thermie, AD 700, FP 6, FP 7 DE: KOMET 650, COORETEC VGB E max -Initiative Enhancement of efficiency Ecological compatible Cost effective and reliable R&D Programme time Reference Power Plant 600/620 °C Component Test Facility COMTES °C Demo-Plant 700 °C

February 2008 | Carbon Capture and StoragePage 4 Carbon sequestration is not a successful strategy Due to: loss of efficiency 8-14% points storage problems leakages long term observation necessary public protest no acceptance for pipelines and on shore storage reservoirs

February 2008 | Carbon Capture and StoragePage 5 Economical comparison of CCT and CCS Source: Diverse VGB PowerTech, CT Coal Technology CCT Clean Coal Technology CCS Carbon Capture and Sequestration CT Inter- national CCT today CCT tomorrow CCS “end-of-pipe” CCS IGCC/ Oxyfuel Economical comparison of CCT and CCS for a hard coal fired power station in %

February 2008 | Carbon Capture and StoragePage 6 Look into the world (1) Coal based CO 2 -emissions ³ x million tonnes CO 2 China, Russland, Indien, Rest Non OECD + 5,520m t CO Source: MIT, The Future Of Coal  The CO 2 emissions from electricity production by coal are a global topic. A reduction could only be reached globally m t CO % + 46%

February 2008 | Carbon Capture and StoragePage % - 8% Look into the world (2) Reduction duties of the EU EU -27 EU -15 Kyoto-goal EU member states at the 2007 European Spring Council (March 2007) - 1,124m t CO 2 e* -7.3% -0.9% - 341m t CO 2 e* * equivalent / reduction related to 1990 Source: EEA, Annual European Community greenhouse gas inventory 1990–2005 and inventory report 2007  While the EU is reducing 1 billion tonnes of CO 2 e, world wide another 6 billion tonnes will be produced. 10³ x million tonnes CO 2 e

February 2008 | Carbon Capture and StoragePage 8 Examples for Efficiency of Power Plants in Europe Source: VGB COMTES Total efficiency in %

February 2008 | Carbon Capture and StoragePage 9 Conclusion For a secure and economic energy supply are necessary: long term calculable energy prices free allocation of certificates for 14 years for new entries fuel specific CO 2 benchmark increase of the cap for JI/CDM projects in case of high percentage of auctioning energy mix consisting of gas coal nuclear renewables