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Carbon capure and storage. 1st SDM Joint Coordination Workshop, Bonn. Outcome of Durban. Acceptance of CCS within the Clean Development Mechanism CMP7 adopted modalities and procedures for CCS projects under CDM ( 10/CMP7 ) CCS projects are eligible under the CDM
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Carbon capure and storage 1st SDM Joint Coordination Workshop, Bonn
Outcome of Durban • Acceptance of CCS within the Clean Development Mechanism • CMP7 adopted modalities and procedures for CCS projects under CDM (10/CMP7) • CCS projects are eligible under the CDM • Outstanding topics for resolution by CMP8: • Eligibility of trans-boundary projects • Establishment of global CER reserve
Key elements of the CCS modalities and procedures Detailed specifications of site selection Risk and safety assessment Environmental and socio-economic impact assessments Detailed provisions on monitoring Financial provisions Provisions for liability Accounting for non-permanence/seepage Changes to the CDM registry
Key questions What will be the net amount of CO2 emissions avoided ? For how long is CO2 removed from the atmosphere ? Is this cost – beneficial ? And for whom ? What is an acceptable risk of uncontrolled CO2 releases ? How to create trust and confidence among stakeholders ? Which projects and sites qualify ?
Operationalisation of CCS • DNV has earlier released recommended practices (RP) on capture and transport: • RP-J201 Qualification procedures for CO2 capture technologies, released in April 2010 • RP-J202 Qualification procedures for CO2 transport technologies, released in April 2010 • As a natural follow-up DNV is about to release: • RP-J203 Qualification procedures for CO2 storage technologies (expected May 2012) • Toether with this a service specification (DSS) with certificates will also be launched: • DSS402 Geological storage of CO2 (expected May 2012) • RP-J203 and DSS402 are relevant to turn the CMP decision into operations • Contacts: Elisabeth.Rose@dnv.comMike.Carpenter@dnv.com
CCS project alignment assisted by storage certificates (DSS)