Preliminary results from the Institute’s 2012 projects survey have identified 73 large-scale integrated CCS projects (LSIPs) around the world. Although the total number of LSIPs has remained relatively constant since the publication of the Institute’s December 2011 update, five power generation projects from various countries were removed from the Institute's LSIP listing, while four new LSIPs were identified.
The Institute has released a report placing a value on the key liabilities arising from any CO2 release at a well-sited and managed CCS project.
The landmark study demonstrates that the development of a CCS project is unlikely to be impeded by the costs of managing liabilities from an accidental release of CO2 said the Institute’s CEO, Brad Page.
In an article by Lenore Taylor in the Sun-Herald (Sydney) a number of points are made about the first years of the Institute based on the views of an unidentified former member of staff.
Under the leadership of its new CEO Brad Page the Institute’s focus is on continuing to provide world-leading information and services related to CCS, as well as on advanced plans for the Institute to be funded by its Members. These plans are being developed with the Membership and will be launched later this year.
The latest report from the ROAD CCS Project in the Netherlands has been recently released. The report describes and evaluates the risk management methodology developed by the ROAD Project Team. This includes a description of the business risks, mitigating actions, and residual risks.
Following the acceptance of CCS as an eligible technology under the UNFCCC’s Clean Development Mechanism (CDM), the CDM Executive Board has agreed to establish a CCS Working Group. The Working Group will support the Board in the creation of methodological standards, guidelines and other matters applicable to proposed CCS project activities under the CDM.
On 2 April 2012, the Global CCS Institute hosted the latest in its ongoing series of webinars with Professor Mike Stephenson, Head of Science (Energy) at the British Geological Survey (BGS). Mike led a discussion on the long-term fate of CO2 in the subsurface environment.
The webinar also addressed important questions often raised about storage sites including: