Title: US – Norway Collaboration on CCS/CCUS 2017 Bilateral Workshop “Novel Business Models for CCS and CCUS”
Date: August 30, 2017
Location: Hunton & Williams, Washington DC
Summary
A summary with supplementary information is found here.
Agenda:
9:00 AM
Introductions; Concept of moving to a holistic business model that would include the carbon dioxide value chain from capture to injection. Round table discussion - led by Eva Halland (Norwegian Petroleum Directorate) and Bob Ivy (U.S. Department of Energy)
10:00 AM
Business cases for current carbon capture technologies; anticipated business cases in the next 3-5 years
Carbon capture from waste-to-energy in Oslo, Norway - Jannicke Gerner Bjerkås (Klemetsrud)
The ADM experience – Sallie Greenberg for Scott McDonald (Archer Daniels Midland)
11:00 PM
Health Break
11:15 AM
Business cases for current carbon dioxide storage; anticipated business cases in the next 3-5 years
CO2 storage offshore Norway, experience and business case - Per Ivar Karstad (Statoil)
Thoughts on the current state of CO2 – Al Collins (Occidental Petroleum)
12:15 PM
Lunch
1:45 PM
Current opportunities for financing CCS/CCUS business models
Net carbon negative oil - Vanessa Nuñez (University of Texas Bureau of Economic Geology)
Proposed Business Models for Bilateral Collaboration on Monitoring CO2 Foam EOR in On-Shore Texas Field Pilots and for International Whole Value Chain CCUS Collaboration Offshore - Arne Graue (University of Bergen)
US regional partnerships as test-sites for off-shore technologies- Robert S. Balch (PRRC, New Mexico Tech)
2:30 PM
Case Study Discussion(s)
DOE’s Gulf Coast Industrial CO2 Utilization and Storage Acceleration Effort – Brian Hill (Southern States Energy Board)
3:30 PM
Health Break
3:45 PM
Current government (national, regional, & local) programs/policies/regulations that directly support CCS/CCUS business models; anticipated legislation; desired legislation
Climit, the Norwegian R&D&D program - Hans Jørgen Vinje (Climit)
Current possibilities for legislation - Brad Crabtree (NEORI)
Business model and collaboration opportunities - Roman Berenblyum (IRIS)
Policy, financial mechanism and business models - William Christensen (Ministry of Petroleum and Energy) Cancelled
5:00 PM
Way Forward
Creating Regional Project Development Support Groups that would:
- Provide interested industrial partners with the latest technical information on CCS/CCUS
- Convene meetings to introduce respective members of the CO2 value chain
- Update interested industrial partners on current projects, their financing overview, and expected profitability timelines