Large-scale carbon capture and storage (CCS) projects worldwide are set to make significant progress this year, including two projects that will begin operations in North America. The first large-scale CCS projects in the power sector, SaskPower’s Boundary Dam project in Canada and Southern Company’s Kemper County project in the US are nearing operation.
These are significant, the institute says, as they will show CCS operating at commercial scale in the power sector. Meanwhile, the Middle East has the world’s first large-scale CCS project in the iron and steel sector moving into construction, while China has doubled the number of large-scale CCS projects in the pipeline to 12 since 2011.
The US gave the technology a bost with stricter standards that would mandate CCS. The utility industry is skeptical.
The report shows steady progress for CCS worldwide, but there has been a significant slowdown in Europe, where four CCS projects have been cancelled or put on hold.
The report found that:
To date there are 21 large-scale projects in operation or construction, capturing up to 40 million metric tons of CO2 per annum.
Six projects in advanced stages of development planning may take a final investment decision during 2014.
The majority of the 21 projects in operation or under construction thus far are in the US and Canada, and are associated with CO2-EOR.
China has doubled the number of CCS projects since 2011, with 12 large-scale CCS projects.
The world’s first two power sector projects with CCS will begin operation in North America in 2014.