new ccs - indispensable for reaching climate targets · 2017. 11. 9. · business case for ccs •...
TRANSCRIPT
CCS - indispensable for reaching climate targetsWe need practical local solutions.. and everything
COP 23 6th Nov 2017Charles Soothill Vice Chair ZEP
WWF also use the BP data
• Is it obvious that we need to tackle all emissions?• Worldwide: coal, oil
and gas use each grew faster than solar and wind over last 16 years
• The equipment installed will last 25years+
• 2050 is not far away?• To meet targets we must
reduce emissions as they are….
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Steel Production needs CCS
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• ZEP study shows CCS can reduce CO2 from Steel by >1:8
• Additional electricity is modest 2:1
• CCS is logical choice
• Steel industry jobs at risk
• Steel needs CCS
Source ZEP
Transportation needs CCS
• Use of electric vehicles is increasing
• But 30 to 50% increase in electricity needed!
• Electricity mix determines CO2/km
• CCS can help deliver till 2050..
Sources: ICCT, Euan Mearns, Montreal Economic Institute 4
EV Elec Mix
ICEV range
EV Wind & CCS
Source: M. Meinshausen Nature
Modelling Energy Systems to reach Paris
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This means CCS and BioCCS.
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United Kingdom
Netherlands
France
Spain Greece
Switzerland
Germany
Poland
Italy
Norway
The 10 countries Modelled
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2010 2015 2020 2025 2030 2035 2040 2045 2050
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2010 2015 2020 2025 2030 2035 2040 2045 2050
Generated e
lectric
ity (TW
h)
WindPVBiomass CCS CHPGas CC CCS CHPC&L CCS CHPBiomass CCSGas CC CCSC&L CCSBiomass CHPRecip CHPGas CC CHPC&L CHPBiomassGas CCGas SCC&LNuclearHydro RiverHydro Lakes
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2010 2015 2020 2025 2030 2035 2040 2045 2050
Ele
ctric
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capacit
y (G
W)
WindPVBiomass CCS CHPGas CC CCS CHPC&L CCS CHPBiomass CCSGas CC CCSC&L CCSBiomass CHPRecip CHPGas CC CHPC&L CHPBiomassGas CCGas SCC&LNuclearHydro RiverHydro Lakes
7With CCS No CCS
Electricity Generation in 10 countries• Model chooses dispatchable power to better integrate Solar and Wind
• With CCS the backup power does not emit CO2
• Wind and Solar capacity factors increased with CCS
• Growth in demand for electricity for Transport and Heat achieved
Source: ZEP
CCS avoids emissions
Without CCS emissions 3 or 4 times higher
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Tota
l levelize
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yst
em
cost
s (b
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Total CO2 emissions (MTCO2/y)
Series2
ALL
ALL_CCS
2010
2050
2030
Without CCS
With CCS
UK, ES, DE, PL, IT, FR, NL, GR, CH, NO
EU
reducti
on targ
et
80 -
95%
ref. 1
990
Cost benefit for emissions reductionin 10 countries
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• 95% emission reduction 1.5c can only be achieved with CCS
• Without CCS emissions 3-4 times higher in 2050
• Savings 1 Trillion Euro till 2050 for EU
• The more you want to reduce emissions the stronger the business case for CCS
• Early investment in CO2 hubs and clusters has strong business case
Source: ZEP
Making these reductions happen – hubs & clusters
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• Clusters & storage hubs reduce costs and risks for industry to connect
• Sized to accommodate local industrial emitters and their connection when possible
• EU funds for infrastructure, innovation and modernisation
Source: ZEP
Conclusions
• Urgent - 2050 targets are only achievable, with CCS (&everything)
• Lower cost – saves EU 1 Trillion Euros, to 2050
• Transport, Industry and above all Heat needs more Electricity
• Jobs in Energy Intensive Industries rely on CCS
• Solutions will be regional and vary..
• Like trains and water systems - Requires Infrastructure
• Strong Business case for countries to invest in Hubs/Clusters
• If countries want to meet the Paris Targets we should invest in CCS for:
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Cost, Renewables Integration, Industrial jobs, Energy Security.. .. And we wont get there otherwise