Due to high cost and a simultaneous lack of incentive policies delaying the deployment of carbon capture and storage (CCS), the International Energy Agency (IEA) has renewed its calls for action in 2013 and beyond.
Speaking at a recent conference in Japan, Juho Lipponen, head of the IEA Carbon Capture and Storage Technology Unit, confirmed that 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,”
“Fossil-fuel CCS is particularly important in a world that currently shows absolutely no sign of scaling down its fossil fuel consumption,”
An immediate priority, said Lipponen, is the implementation of the 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, says the IEA, to develop practical incentive policies, with successful policies for renewable energy potentially serving as models for CCS deployment.
The IEA is in the process of revising its CCS technology roadmap, with the new version expected in spring 2013.
The Global CCS Institute in its Global Status of CCS: 2012 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’ value and safety to the public, concludes the IEA.
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