Posted - January 7, 2013 - Bunker Ports News Worldwide
Despite all the attention given to renewable energy, fossil fuels still
produce about four-fifths of the energy consumed worldwide. And there is
only one way to burn fossil fuels without adding more CO2 to the
atmosphere: carbon capture and storage (CCS). But high cost and
simultaneous lack of incentive policies are delaying deployment of CCS,
leading the International Energy Agency to renew its calls for action in
2013 and
beyond on this critical element to limiting climate change.
Fossil fuels met 81% of total energy demand as of 2009, as well as 85%
of the increase in global energy demand in the past ten years. Such use
of oil, coal and gas is irreconcilable with limiting CO2 emissions
enough to keep average global temperature rise to only 2 degrees. In the
ambitious IEA 2-degree scenario, or 2DS, fossil fuel use is reduced by
20% in 2050 from current levels but would still provide 45% of the
world's primary energy demand. But much of the emissions from that
remaining use of fossil fuels must be captured and stored. The recently
launched World Energy Outlook 2012also shows that without significant
deployment of CCS, more than two-thirds of current proven fossil-fuel
reserves cannot be commercialised in a 2-degree world before 2050.
"For the IEA, carbon capture and storage is not a substitute, but a
necessary addition to other low-carbon energy technologies and energy
efficiency improvements," Juho Lipponen, head of the IEA Carbon Capture
and Storage Technology Unit, recently told the 11th International
Conference on Greenhouse Gas Control Technologies in Kyoto, Japan. He
added, "Fossil-fuel CCS is particularly important in a world that
currently shows absolutely no sign of scaling down its fossil fuel
consumption."
CCS involves capturing the CO2 from burning fossil fuels and storing it
in deep geological formations so it will not increase the greenhouse
effect. Technology exists to capture the emissions of factories such as
steel mills and other industrial processes such as natural gas
processing as well as power plants that burn fossil fuels or even
biomass like wood. But CCS does not come for free: besides the cost of
locating and developing a storage site and preparing the infrastructure
to pipe the CO2 there, equipment and energy are required to capture and
compress CO2 from various flue gas streams, significantly increasing the
cost at the capture site.
An immediate priority, Mr. Lipponen said, is implementation of
IEA-recommended policy and action on storage site screening and
development, so that the approval process for storage sites does not
impede new CCS installations. Governments must also assess what role CCS
will play in their energy futures and increase their efforts in
large-scale demonstration.
But perhaps the most critically important short-term issue is to develop
practical incentive policies, with successful policies for renewable
energy potentially serving as models for CCS deployment. The IEA
provides detailed plans about development, investment and deployment in
its Roadmap series as well as its technology flagship publications,
Energy Technology Perspectives 2012. The IEA is revising its CCS
technology roadmap, with the new version expected in spring 2013.
Though adoption of CCS by many countries has been slow, the good news is
that the needed technologies have been proven by many industries over
several decades. The Global CCS Institute lists more than 70 large-scale
integrated CCS facilities across the world in various stages of
development. It is critical that as many of these projects as possible
reach fruition this decade to perfect the technology and show CCS's
value and safety to the public.
Source: IEA
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1 comment:
Great thoughts you got there, believe I may possibly try just some of it throughout my daily life.
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