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An Ambitious Policy for Carbon Dioxide Capture and Storage in Norway

An Ambitious Policy for Carbon Dioxide Capture and Storage in Norway. 8th International Conference on Greenhouse Gas Control Technologies, Trondheim, Norway 19. June 2006 Mr. Odd Roger Enoksen Minister of Petroleum and Energy. The Energy Challenge.

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An Ambitious Policy for Carbon Dioxide Capture and Storage in Norway

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  1. An Ambitious Policy for Carbon Dioxide Capture and Storage in Norway 8th International Conference on Greenhouse Gas Control Technologies, Trondheim, Norway 19. June 2006 Mr. Odd Roger Enoksen Minister of Petroleum and Energy

  2. The Energy Challenge • Doubling of electricity demand between 2004 and 2030 • Use of oil and gas expected to rise to 60 percent in 2030 • Impacts of climate change are increasing World primary energy demand IEA-World Energy Outlook 2004

  3. The Energy Challenge - The Norwegian Scene • Energy supply requires increased capacity and less dependence on hydropower • Need both renewable energy sources and fossil fuels • Carbon dioxide capture and storage an important option

  4. A Large Potential for Carbon Dioxide Capture and Storage • IPCC: Economic potential for CCS in the next century between 200-2000 Giga tons of CO2 • Actual application of CCS depends on costs, environmental impacts, public acceptance and technology development, transfer and diffusion

  5. Norway in the lead • Energy nation • Sleipner/Snøhvit • Shell, Statoil: Considering the world's largest project using CO2 for EOR offshore

  6. An Ambitious Policy for Carbon Dioxide Capture and Storage in Norway (1) • Co-operate with industry to realize CCS at gas-fired power plants as soon as possible • Establish value chain for CO2 • Ambitions to be implemented in a sound manner, economically and legally

  7. An Ambitious Policy for Carbon Dioxide Capture and Storage in Norway (2) • Gassco, in collaboration with Petoro and Gassnova, asked to identify potential value chains for CO2 • 6 fields on the Norwegian continental shelf candidates for CO2 injection • None of the identified value chains show a positive commercial return

  8. Need for further technology development • In order for CCS technologies to be introduced on a commercially viable basis, there is a need for further technology development • New or improved methods of CO2 capture can significantly reduce costs • Gassnova focuses on a broad portfolio of different technology options Sintef

  9. Conclusion • CCS important in meeting energy and climate challenges • Realizing CCS on a large scale is a very challenging task • The Norwegian Government has ambitious goals

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