GCEAF – Business Forum Roundtable on Financing Decarbonization
22nd September 2022
The Global CCS Institute will be hosting an official Business Forum Roundtable on Financing Decarbonization, which will be held on Thursday, September 22nd during the Global Clean Energy Action Forum (GCEAF) in Pittsburgh, PA. This roundtable will be comprised of two sessions and will explore the different barriers and opportunities in financing carbon capture and storage projects, specifically the need for enabling infrastructure and the economics of project development.
Session 1 – Enabling Infrastructure (1:20 - 2:45p)
CCUS plays an essential role in hard-to-decarbonize sectors such as cement, steel, and fertilizer production, each impacting the carbon footprint of produced goods and services. However, decarbonization options in these sectors are limited. Infrastructure plays a key role . This session explores various sectors’ engineering initiatives along the decarbonization chain showcasing innovative infrastructure developments relating to networks, hubs, pipelines and novel techniques to avoid infrastructure challenges. Discussions will delve into the points of tension, learning curve nuances, financial challenges, and other potential barriers to moving from innovation to large-scale deployment.
- Amber Abel Sturrock - Advisor, Carbon Capture, Utilization, and Storage at Chevron
- Dan E. Cole - Vice President of CCUS Commercial Development and Governmental Relations at Denbury Carbon Solutions
- Ian McIntyre - Senior Vice President, Green Investment Group at Macquarie Asset Management
- M. Jason Lanclos, P.E. - Director of the State Energy Office at the Louisiana Department of Natural Resources
- Peter Reinhardt - CEO & Founder, Charm Industrial
Session 2: The Economics of Project Development (2:45 - 4:10p)
Decarbonization project development begins long before public announcements. Multidisciplinary teams develop roadmaps to design projects for maximum positive impact and climate mitigation outcomes. This session the explores and leverages the interconnectivities of novel deal structures, barrier identifications, creating economic value, and communicating project impacts in compelling ways to garner Wall Street and public acceptance.
- Karl Pettersen - Chief Sustainability Office, Americas at Societe Generale Corporate and Investment Banking (SGCIB)
- Kate Chisholm - Senior Vice President, Chief Strategy & Sustainability Officer at Capital Power
- Lee Stockwell - General Manager - United States Carbon Capture Utilization and Storage at Shell Energy
- Matt Kittell - Senior Investment Officer, Loan Programs Office, U.S. Dept. of Energy
- Will Shimer - Business Development Manager, OGCI Climate Investments
Date/Time: Thursday, September 22, 1:15 - 4:15p ET
Location: ROOM 317, David L. Lawrence Convention Center, 1000 Fort Duquesne Blvd, Pittsburgh, PA 15222
Format: In Person
This event will be held in-person and is open to all attendees at the Global Clean Energy Action Forum, so please register to attend the GCEAF through the conference website in addition to registering to attend this specific session on Eventbrite. When completing your registration on Eventbrite, select whether you'd like to attend "all sessions" or just a single session.
PANEL ONE - ENABLING INFRASTRUCTURE
Amber Abel Sturrock - Advisor, Carbon Capture, Utilization, and Storage at Chevron
Amber Sturrock is the Advisor to the Vice President of Carbon Capture, Utilization and Storage (CCUS), as part of the Chevron New Energies organization. She provides strategic support to the CCUS leadership team to grow Chevron’s global CCUS business through coordination of multiple processes and delivery of special projects. A petroleum engineer by background, she has held a variety of technical roles supporting onshore and offshore oil and gas developments both domestically and internationally. Prior to her current Advisor role, she was a Strategy and Planning Analyst supporting the Upstream Gulf of Mexico Business Unit.
Dan E. Cole - Vice President of CCUS Commercial Development and Governmental Relations at Denbury Carbon Solutions
Dan E. Cole, Vice President – Commercial Development and Governmental Relations, joined Denbury in October 2006. Prior to joining Denbury, Mr. Cole was Director of the Mississippi/Alabama Business Unit for Plains Marketing, LP since April 2004, and Manager, Gulf Coast Region for EOTT Operating for the prior eight years before it was acquired by Plains Marketing. Mr. Cole has more than 40 years of experience in the energy business with primary focus on marketing and transportation of oil, natural gas and carbon dioxide. Mr. Cole received his Bachelor of Business Administration degree from Texas A&M University.
Ian McIntyre - Senior Vice President, Green Investment Group at Macquarie Asset Management
M. Jason Lanclos, P.E. - Director of the State Energy Office at the Louisiana Department of Natural Resources
Jason Lanclos, P.E. (Jason) has worked at the Louisiana Department of Natural Resources (LDNR) since August of 2018. After serving as the Deputy Executive Director of the Coastal Protection and Restoration Authority (CPRA) for the Governor’s Office since 2014, Mr. Lanclos took the opportunity to return to working in the emerging energy sector at LDNR after working in private industry for almost 13 years. Mr. Lanclos currently serves as the director of the State Energy Office at LDNR where he is leading the state’s efforts on Hydrogen and CCUS implementation. Mr. Lanclos serves as the LDNR representative on the Climate Initiatives Task Force and is currently serving as the coalition representative for the State and Midwest region on CCUS technologies and is an executivel board member for the National Association of State Energy Officials. Mr. Lanclos has worked on and managed a variety of projects/programs in the energy sector during his time in private industry and managed one of the largest ecosystem restoration efforts for the State of Louisiana while at CPRA. He holds a degree in Civil and Environmental Engineering from Louisiana State University and is a licensed Professional Engineer.
Peter Reinhardt - CEO & Founder, Charm Industrial
Peter Reinhardt is CEO & Co-founder at Charm Industrial, where they are developing novel carbon removal & renewable industrial syngas technology. Prior to Charm, Peter was CEO and co-founder at Segment, a SaaS customer data platform which grew to 600 people before it was acquired by Twilio in 2020 for $3.2B. He previously studied aerospace engineering at MIT.
PANEL TWO - THE ECONOMICS OF PROJECT DEVELOPMENT
Karl Pettersen - Chief Sustainability Office, Americas at Societe Generale Corporate and Investment Banking (SGCIB)
Kate Chisholm - Senior Vice President, Chief Strategy & Sustainability Officer at Capital Power
Kate Chisholm has been a member of Capital Power’s senior executive team since July 2009 and played an instrumental role in Capital Power’s restructuring and Initial Public Offering that led to the company’s creation. Kate leads Capital Power’s strategic and sustainability planning, market forecasting, regulatory, government and stakeholder engagement, internal audit, ethics and compliance functions. Kate currently serves on a number of boards, including the Canadian Securities Administrators’ Self-Regulatory Organization and she is Chair of the University of Alberta Board of Governors.
Lee Stockwell - General Manager - United States Carbon Capture Utilization and Storage at Shell Energy
Joining Shell in 2001, Lee brings over 20 years of experience in the Energy Industry. Over his career, Lee has held engineering and leadership roles in Exploration, Development, Operations, Safety & Environment and R&D across a variety of lines of business in multiple countries. Lee received a Bachelor’s in Petroleum Engineering from Louisiana State University. In 2007, he earned his MBA from Tulane University, graduating with distinction and earning the Allen R. Vorholt Memorial Leadership Award for servant leadership.
Matt Kittell - Senior Investment Officer, Loan Programs Office, U.S. Dept. of Energy
Matt is a Managing Investment Officer with DOE’s Loan Programs Office and is currently leading the launch, implementation, and execution of the multi-billion dollar CIFIA program for CO2 transport infrastructure financing. Matt has worked in the climate and clean energy field for over twenty years, the last seven of which focused on CCUS.
Will Shimer - Business Development Manager, OGCI Climate Investments
Will is currently leading business development for OGCI Climate Investments – a $1B impact investment fund backed by the oil/gas majors. He is responsible for originating and diligence of investment opportunities into commercial GHG reducing projects spanning the CCUS, methane abatement, and energy efficiency sectors. Will has prior techno-commercial background in gas processing with Honeywell UOP and carbon capture with a start-up technology company Carbon Clean. He has worked for various owner-operators in related industries including Oxy, BP, and Air Products. Will has an MBA in General Management from the Harvard Business School and a Bachelor’s of Science in Chemical Engineering from the University of Illinois at Urbana-Champaign.