GLOBAL STATUS OF CCS
AND DEVELOPMENTS IN
ASIAJapan Asia CCUS Forum 2020
6 October 2020
Brad Page, CEOCCS: PROVEN, AVAILABLE AND OPERATINGEOR since 1972
Dedicated CO2storage since 1996
260Mt
anthropogenic CO2
stored to date1972

1996*Only advanced studies shown
Source: GCCSI|2

CO2 Capture and Storage Annual Capacity(Mtpa)CCS PROJECT PIPELINE IS GROWING
180
1601401201008060
402002010

OperatingSource: GCCSI

2011

2012

2013

In Construction

2014

2015

2016

2017

Advanced Development

2018

2019

2020 (May)

Early Development|3INDUSTRIAL CCS HUBS
• Economies of scale• Commercial synergies• Reduce cross-chain risk
• Create low-emission industrial precincts• Just transition for communities that rely on
high-emission industries• Lowest cost opportunities US$15-25/tonne
CO2 for high concentration CO2 gas streams• Natural gas processing• Bioethanol production• Various chemical processes|4Source: GCCSIC MANAGEMENT POTENTIAL: >1,000 GtCO2 THISCENTURY
Almost all scenarios
required CCS
3 of 4 Illustrative
Pathways required
348Gt to 1,218Gt
CO2 to be stored
this century.

Annual CO2 Stored in the 90 1.5°C
Consistent Scenarios Reviewed in theIPCC Special Report on Global
Warming of 1.5°C

Average mass of
CO2 stored in theyear 2050 across allscenarios: 10Gt

|5

Source: GCCSI analysis of IIASA 1.5C Scenario Explorer

AMPLE GEOLOGICAL STORAGE CAPACITY
Conservative
estimates of global
storage capacity areseveral times larger
than required thiscentury under anyscenario.

Estimated Storage Capacity (GtCO2)
Source: GCCSI|6

THE OPPORTUNITY: CREATING NEAR-ZERO
EMISSION INDUSTRY
Key Policy Enablers:• Define & communicate the role ofCCS in national abatement
strategies• Create a financial reward for CO2storage• Support and facilitate investment inCCS infrastructure|7Source: GCCSIPOLICY DEVELOPMENT IN ASIAChina• China committed to peak emissions by 2030 and to reach net zero emissions by 2060.
• The Green Bond Endorsed Projects Catalogue (2020 Edition) includes CCS for the first time
CCS is now eligible for Green Bonds in China.

Singapore• In Early 2020, Singapore published its Long-Term Low-Emissions Development Strategy(LEDS). Includes carbon capture, utilisation and storage (CCUS), and low-carbon fuels.
Australia• CCS as one of five priority technologies in first Low Emissions Technology Statement• Remits of the Clean Energy Finance Corporation (CEFC) and the Australian Renewable
Energy Agency (ARENAto be expanded to include CCS).
• Funding commitment of AUD50 million for a CCUS Development Fund, AUD 70.2 million toestablish a hydrogen export hub.
8

PROJECT DEVELOPMENT IN SOUTH EAST ASIA
Identified new projects (early stage)
Repsol Project - Indonesia• Repsol and partners Petronas and MOECO made a large gas find in in South Sumatra, in2019. Preliminary estimate of >2TCF recoverable resources.
• The raw natural gas contains high CO2 concentrations. Project examining transporting
separated CO2 to depleted hydrocarbon reservoirs nearby for underground storage.
Petronas Project - Malaysia• Petronas has commenced work on a CO2 storage unit for its high CO2 (40-70%) natural gas
development project offshore Sarawak, Malaysia.
• FID in 2022 and injection in 2025.
Gundih CCUS Project – JCM Feasibility Study• J-POWER and JANUS have been awarded funding by Japanese Government to do
feasibility study for a CCS Demonstration in Gundih, Indonesia.
• The targeted gas field contains 20% CO2 and its annual amount is around 300,000 tonne.
9PROJECT DEVELOPMENT IN EAST ASIAToshiba BECCS Demonstration Project, Mikawa, Japan• Construction completed and commissioning underway.
• First BECCS project in Japan. Biomass materials are sourced from Southeast Asia.
• 500 tonne CO2 per day capture.
China Energy Investment Corporation Jinjie Carbon Capture Project, Shaanxi• Absorber and regenerator installed in August.
• 150,000 tonne CO2 per year capture from a coal-fired power station.
• Total capital expenditure of $5.3 billion and operational expenditure $450 million pa• 1,500 jobs during construction and 200 during operation.
• Project expects to close funding in December 2020 and be operational by 2025.
Tomakomai CCU Project, Japan• Industry consortium funded by NEDO to research the effective recycling of carbon dioxide
emitted from the refinery at TOMAKOMAI City, Hokkaido.
10

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