The announcement of the first six projects, to receive a total of almost AUD $18 million in funding from the Global Carbon Capture and Storage Institute, was welcomed by the Minister for Resources and Energy, Martin Ferguson AM MP.
Minister Ferguson said the funding will support projects in Australia, the United States, Romania and the Netherlands.
"The Australian Government welcomes the ongoing efforts of the Institute to promote the development of carbon capture and storage (CCS) around the world," Minister Ferguson said.
"CCS is an emerging technology that will play a key role in the energy mix for all countries as we move toward lower emission economies.
I am particularly pleased to see two Australian projects succeed in this first round of funding. It is further evidence that we remain at the forefront of CCS technology.
All six projects will contribute toward building a better knowledge base that will benefit not just the project's host nation but ultimately the broader global community.
Projects examine challenges such as the transporting of captured CO2, as well as various capture and storage technologies.
I am confident that the Institute's knowledge-sharing approach will accelerate the development and deployment of CCS technologies.
The Institute's work is being recognised and valued by the international community, as was demonstrated just last week with the award of a US $500,000 grant from the US State Department to assist developing nations in their carbon reduction efforts."
The successful projects were selected on their merits from a pool of over 50 submissions. Details of the successful projects are attached and more information on the Global CCS Institute is available at http://www.globalccsinstitute.com/
Media contact: Fiona Scott – 0457 542 330
GCCSI Projects
Australian project details:
- CarbonNet (Latrobe Valley, Victoria). AUD $2.3 million for studies to advance commercial modelling for a hub concept. Funding will be provided through the Institute's strategic partnership with the Clinton Foundation. CarbonNet will also receive AUD $220,000 to conduct an initial framing study into a technical framework for the measurement, monitoring and validation of stored CO2. The full scope of this work will then be conducted as a collaborative exercise with key Australian CCS stakeholders.
- Callide Oxyfuel Project (South East Queensland). The Callide Oxyfuel Project and the Institute have signed a Letter of Intent to discuss funding a AUD $1.83 million work program to support Stage 2 of the project to facilitate an injection test of CO2 into a potential storage site in the Northern Denison Trough and other locations in south east Queensland. Stage 1 of the project – construction scheduled for completion around mid 2011 - focuses on demonstrating CO2 capture at the Callide A Power Station.
European project details:
- Rotterdam CCS Network (Rotterdam, Netherlands). AUD $2.2 million for an independent assessment of the storage sites in the North Sea; a feasibility study into transport options for CO2, including shipping and a detailed case study outlining the benefits to projects in creating joint partnerships between multiple industries and organisations.
- Romanian CCS Demonstration Project (Oltenia, Romania). AUD$2.55 million to conduct a feasibility study for a CO2 capture, transportation and storage demonstration project. The study will review the project scope and objectives, technologies to be used and examine the overall costs and schedule for the full chain project. The initiative aims to capture 1.5Mtpa of CO2 emissions from an existing unit of the Turceni power plant and transport it via existing onshore natural gas pipelines, with plans to store the CO2 in onshore saline aquifers near the power plant.
American project details:
- Tenaska Trailblazer Energy Center (Sweetwater, Texas). AUD $8.03 million in support of concept definition studies into the development of a new 600-megawatt (net) sub-bituminous coal-fired power station with 85 to 90 per cent CO2 capture. Numerous technical, commercial and lessons learned papers will be generated.
- Tenaska New Technologies/Entergy Corporation (Westlake, Louisiana). AUD $825,600 to support CO2 capture development studies for the retrofit of Entergy's Roy S Nelson power plant as the project moves closer to concept definition. Studies focus on CO2 capture technology selection and engineering, procurement and construction contractor selection studies. This project is subject to a second phase of funding from the Institute, pending certain conditions being met.
Kontakt
Stefan Augustin
Investment Manager, Europe
Australian Consulate General-Austrade
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60311 Frankfurt
Tel.: +49 (0)69 - 90558 - 103
Fax: +49 (0)69 - 90558 - 119
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