April 10-14, 2016
The capture of carbon dioxide (CO2) from power plants and industrial facilities for use in enhanced oil recovery (EOR) with safe and permanent geologic storage represents an essential pathway for domestic energy security, achieving mid-century national and global greenhouse gas reduction goals and accomplishing both affordably. Fortunately, awareness and support from across the political spectrum are growing to make carbon capture and storage (CCS) a national priority and to enact federal and state policies that will accelerate large-scale commercial deployment of carbon capture in electric power generation and a wide range of industrial sectors. This presentation will review the oil production and carbon storage potential of CO2-EOR; decades of successful U.S. commercial CCS experience in industrial sectors such as gas processing, gasification, and ethanol, fertilizer and hydrogen production; opportunities to expand commercial CCS to electric power and new industrial sectors; key federal and state incentives needed to close the remaining cost gap; and unprecedented collaboration that has emerged among industry, labor and environmental stakeholders, governors and other state officials, and Republican and Democratic members of Congress, all with the common goal of advancing CCS as a national energy production, economic and environmental solution.
Brad Crabtree, "The critical role of CCS and EOR in managing US carbon emissions" in "CO2 Summit II: Technologies and Opportunities", Holly Krutka, Tri-State Generation & Transmission Association Inc. Frank Zhu, UOP/Honeywell Eds, ECI Symposium Series, (2016). https://dc.engconfintl.org/co2_summit2/3