50 likes | 235 Views
International CCS developments and the Clean Energy Ministerial James Godber Department of Energy and Climate, UK. CCS in the Clean Energy Ministerial. What is the Clean Energy Ministerial? “A global forum accelerating the transition to clean energy technologies.” Where does CCS fit in?
E N D
International CCS developments and the Clean Energy MinisterialJames GodberDepartment of Energy and Climate, UK
CCS in the Clean Energy Ministerial • What is the Clean Energy Ministerial? “A global forum accelerating the transition to clean energy technologies.” • Where does CCS fit in? Carbon Capture Use and Storage (CCUS) Action Group launched 2010. Brought together governments, businesses and organisations to advance the deployment of CCS. 2
Financial gap Legal and Regulatory Developing Countries Knowledge Sharing Marine Treaties CCS in Industry CO2 Storage CCS in the Clean Energy Ministerial • What was the outcome of the ministerial in April? Recommendations: 3
CCS in the Clean Energy Ministerial • What was the outcome of the ministerial in April? Recommendation for Funding Support in Developing Countries • “By CEM3; Identify and advance appropriate funding mechanisms to support the demonstration of large-scale projects in developing countries” 4
The UK Government’s Commitment to CCS • No new coal fired power stations without CCS • Committed up to £1billion for the first CCS demonstrator • Committed to funding three further CCS demonstration projects • Wider regulatory reforms introduced to underpin deployment of CCS: Electricity Market Reforms, Carbon Price Floor, Emissions Performance Standard, Infrastructure Consultation • Contracts for first demo project to be signed soon for operation to start 2014/15