National Petroleum Council
Published: 2021-03-11
Total Pages: 228
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Carbon capture, use, and storage (CCUS) is essential to meeting the dual challenge of providing affordable, reliable energy while addressing the risks of climate change at the lowest cost. The United States is uniquely positioned as the world leader in CCUS, with approximately 80% of the world's CCUS capacity and substantial capability to drive widespread deployment in the United States and abroad. Building on expertise and previous research, Meeting the Dual Challenge addresses the entire CCUS supply chain and recognizes that at-scale success requires economic and operational integration across industries, harmonized local/state/federal regulations, innovation and technology development, and broad public acceptance. The report details the actions needed to deploy carbon capture technologies at scale in the United States, an essential climate mitigation technology identified in the majority of global energy outlooks. In the interest of transparency, and to help readers better understand this study, the NPC is making the study results and many of the documents developed by the study groups available to all interested parties. This comprehensive report provides interested parties with the ability to review this report and supporting materials in different levels of detail as follows. Volume III, Analysis of CCUS Technologies, provides an overview and detailed discussions of the technologies used in the CCUS supply chain: Chapters 5-9 provide more detailed discussion and additional information on CCUS technologies. The five chapters in this volume address the capture, transport, geologic storage, enhanced oil recovery, and use of CO2. These chapters provide supporting data and analyses for the findings and recommendations presented in the Executive Summary. Appendices in this volume provide additional background material on CO2 capture and enhanced oil recovery. Additional study materials include Volume I - Report Summary, Volume II - Analysis of CCUS Deployment At-Scale, and additional resources available at the study's website (dualchallenge.npc.org). The National Petroleum Council (NPC), a federally chartered and privately funded advisory committee, was established by the Secretary of the Interior in 1946 at the request of President Harry S Truman. In 1977, the U.S. Department of Energy was established, and the NPC's functions were transferred to the new Department. The purpose of the NPC is solely to advise, inform, and make recommendations to the Secretary of Energy with respect to any matter relating to oil and natural gas or to the oil and gas industries submitted to it or approved by the Secretary. The NPC does not concern itself with trade practices, nor does it engage in any of the usual trade association activities.