Both the challenges and opportunities of CCS are coming into greater focus in the run up to Copenhagen, where world premiers will gather to address issues of climate change. The EU has made a firm commitment to developing CCS as a method by which to reduce carbon emissions, firstly, by the commission's announcement to contribute up to €50m to help China build a facility to test carbon capture and storage technology, and secondly, by having a dozen or so demonstration plants running by 2015 on the continent. The UK are also following suit, with a commitment from the government to provide financial support for up to four commercial scale CCS projects in Britain, and if the technology is proven, to be prepared for a nationwide roll out.
As a part of this commitment the UK government also unveiled a new strategy of pursuing coal power, pledging that no new coal plants will be developed unless they were able to store some of their carbon emissions underground. Renewable energy and energy efficiency were the main beneficiaries of the green measures in this year's budget. The Chancellor presented the first carbon budget, whereby the UK would cut its greenhouse gas emissions by 34% by 2020 compared with 1990 levels.
However, developing CCS is a costly exercise with projected costs to build and operate each demonstration plant estimated to be in excess of €1bn. The current economic crisis does not help the financial obstacles that the EU faces in funding demonstration projects, with reports that there is potential funding shortfall for the dozen or so pilot projects.
With many challenges and opportunities facing CCS at the moment, City & Financial bring you this timely summit, the third in the series, to discuss and debate some of these key issues by bringing together a speaker panel of exceptional quality. This year's agenda will take a closer look at the current economic climate, an update from European projects and UK demonstration projects, public perception of CCS, environmental issues, in depth discussions about the technology, economics and financing, legislation and risk management and finally international progress.
Attendance at this conference will be invaluable for all those involved in the development of CCS in Europe including generating and utility companies, technology suppliers, oil and gas companies energy ministries, energy regulators, project financiers, lawyers, technical consultants and academics
Confirmed Speakers
Keynote Address
Simon Brooks, Vice President, European Investment Bank
Charles Hendry, Shadow Minister for Energy, Conservative Party
Gardiner Hill, Vice-Chair, ZEP & Manager CCS Technology & Engineering, BP
Derek Taylor, Director of BEST (Bellona Environmental CCS Team) Leadership Forum, Bellona Foundation
Piot Tulej, Head of Unit, Energy and Environment, European Commission
Public and Not for Profit Sector Speakers
Milton Catelin, Chief Executive, World Coal Institute
Jon Gibbins, Senior Lecturer, Energy Technology for Sustainable Development Group, Mechanical Engineering Department, Imperial College London
Prof. Stuart Haszeldine, Scottish Centre for CCS
Richard Macrory, Director CCLP, University College London
Darren Mollot, Acting Director, Office of Fossil Energy, US Department of Energy
Kevin Myers, Deputy Chief Executive, Health and Safety Executive
Bronwen Northmore, Head of CCS Policy, Department for Energy and Climate Change
Jan Panek, Head of Unit, Coal and Oil, European Commission
David Rainer, University of Cambridge
Emily Rochon, CCS Policy Coordinator, Greenpeace
Stanley Santos, Project Manager Capture and Integrated Systems, IEA Greenhouse Gas R&D Programme
Private Sector Speakers
Stephen Adamson, Commercial Manager CCS, Scottish Power
Andrew Austin, Senior Associate, Freshfields Bruckhaus Deringer LLP
Bjørn Bergensen, Commerical Director, Gassnova SF
John Best, Chief Executive, East of England Energy Group (EEEGR)
Dr Tony Booer, Schlumberger Oilfield
Paul Bowden, Partner, Freshfields Bruckhaus Deringer LLP
Grant Budge, Director, Powerfuel Power Ltd
Keith Burnard, Senior Energy Technology Specialist, International Energy Agency
Jeff Chapman, Chief Executive, Carbon Capture and Storage Association
Steve Esau, Principal Consultant, Pöyry Energy Consulting
Tom Greenwood, European CCS Analyst, New Energy Finance
Klaus Hammer, Managing Director - Generation, Eon UK
Phil Hare, Director, Pöyry Energy Consulting
Nick Horler, CEO, Scottish Power
Robin Irons, Technical Head, Zero Emission Power Plant, Eon UK
Jia Li, General Manager, Linkschina Investment Advisory, China
Ian Phillips, Director CO2 Infrastructure, CO2 Deepstore Ltd
Gareth Price, Partner, Allen & Overy
Dr Nicholas Riley, Head of Science Policy Europe, Coordinator of CO2, Geonet
Phillip Sharman, Director Technology - External Affairs, Alstom
Ian Temperton, Managing Director, Advisory, Climate Change Capital
Chris Train, Director of Network Operations, National Grid
Richard Vernon, Principal-Energy, SLR Consulting
Justin Watts, Partner, Freshfields Bruckhaus Deringer LLP
Guillaume Wolf, CCS Sector Leader, Mott MacDonald