Global emissions, Australia’s exports, and Carbon Capture and StorageTania ConstableChief Executive Officer

Grattan Institute and Melbourne Energy InstituteThursday 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% renewablesCoal•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

SleipnerCO2 injected: Sleipner has injected and stored more than 10 million tons of CO2 into the Utsira reservoir. The amount is more than the total the Norwegian fleet emits in two years.

Boundary DamThe 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 ProjectThe 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 OxyfuelThe 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 ProjectThe CO2CRC Otway Project is the country’s first demonstration of the deep geological storage or geosequestration of carbon dioxide (CO2), the most common greenhouse gas.

CCS in Australia

0

20

40

60

80

100

120

140

Surat A Bowen A Bowen B

Tran

spor

t and

sto

rage

cos

t (A

$/t)

With PM

Without PMWithout pressure management

With pressure management

Techno-Economic AssessmentHolistic 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

0 10 20 30 40 50 60Cost of CO2 Avoided (A$/t)

MEA

KS-1

Ideal aqueous

Ideal L

Ideal S

Solvent LBest configuration

Solvent SBest configuration

Source: Prof Diane Wiley, CO2CRC/ UNSW

Participants

Supporting Partners

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© CO2CRC 2015