Upload
others
View
13
Download
0
Embed Size (px)
Citation preview
IEP Fall 2021 Conference
Fallen Leaf Lake, CA
September 21, 2021
Carbon Capture Utilization & Sequestration
Calpine Corporation
Calpine at a Glance
1Calpine Corporation
National generation portfolio of approximately 26,000 MW with diverse, complementary services platform
January 2021CCA DATA MANAGEMENT
& CUSTOMER SERVICE
Data management and call
center services
POWER GENERATION
Natural gas, geothermal &
alternative technologies;
best-in-class maintenance
program
RISK MANAGEMENT
& ENERGY SERVICES
24 hour trade desk and
expertise in load
management
Natural gas generation
Geothermal generation
INFRASTRUCTURE
DEVELOPMENT
Energy storage pipeline;
since 2000, constructed more
MW in CA than any other entity
Serve customers in 23 states, Canada and Mexico
Largest geothermal power producer in the world
More than 2,300 employees
-
100
200
300
400
500
600
2000 2010 2020 2030 2040 2050
Current CA Economy-Wide GHG Goals Biden Admin Economy-wide Goals (Calpine extrapolation)
Current CA Electric Sector Goals Biden Admin Electric Sector Goals (Calpine extrapolation)
Carbon Capture, Use And Storage (CCUS) Is A Critical Tool To Meet Economy-
wide DecarbonizationObjectives
Sour ces: Gr aph adapted fr om CARB GHG emissions inventor y; Biden-Har r is Administration “Tackling the Climate Cr isis at Home and Abr oad” Ex ecutive Or der , Januar y 27, 2021; Senate Committee on Ener gy and Natur al Resour ces Hear ing to Consider Nomination of the Honor able Jennifer Gr anholm to be the Secr etar y of Ener gy, Januar y 27, 2021
Targeted annual CO2e emissions, 2020–2050
California Emissions and Reduction Targets
~30% decline
since 2010
~5% decline
since 2010
Historical Economy-
wide Emissions
Historical Electric
Sector Emissions
Calpine Corporation 2
StripperAmine
absorber
Flue gas
Refinery
emissions
~8-13% CO₂
CO₂ Solvent
CO₂ Depleted
flue gas
Compressor
Gas plant
Injection &
monitoring wells5% CO₂
Pure CO2, 95%+
Suitable Natural
Storage Sink
Carbon Capture
2
3
41 Capture
2 Purification & compression
3 Transport through high pressure pipeline
4 Injection into a natural reservoir &
continuous monitoring
Calpine Corporation 3
Carbon capture from industrial and power facilities uses multiple technologies that are proven and have been utilized for decades at commercial scale around the world
1
Sacramento San Joaquin
High storage capacity available with limited drilling,
given stacked formations with layered sand reservoirs
Large volume reservoirs with right temperature &
pressure for CO2 storage1
CO2 leakage prevented shale caprock
Low risk from earthquakes, given distance from fault lines
Proven capacity and sealing of reservoirs from depleted oil and gas fields
California is well-suited geologically for permanent CO2 storage
Calpine Corporation
California has capacity to store >60 million metric tons per year for more than 1,000 years
California is geologically advantaged for CO2 storage – example basins
Image sour ce: BCG. 1. CO2 stor ed under gr ound as a super cr itical fluid; r equir es temperature above 31.1°C (88ºF) and pr essur e above 72.9 atm (~1,057 psi)Sour ce: US Geological Sur vey; US DOE NETL; Califor nia Geological Sur vey Over view of Geological Car bon Sequestr ation Potential in Califor nia; Global CCS Institute; Ener gy Futur e Initiatives and Stanfor d Univer sity, 2020: “An Action Plan for Car bon Captur e and Stor age in Califor nia: Oppor tunities, Challenges, and Solutions ”
✓
✓
✓
✓
✓
✓
✓
✓
✓
✓
With CO2 storage potentialWithout CO2 storage potentialNatural Gas FieldOil FieldCounty Boundary
Sacr amento
For mation
San Joaquin
For mation
Status of Sedimentary Basins in CA
4
A build-out of California hubs could capture 60 million Mt CO2/year
Calpine Corporation 5
1
2
3
4
Source: Energy Future Initiatives and Stanford University, 2020: “An Action Plan for Carbon Capture and Storage in California: Opportunities, Challenges, and Solutions”
Note: NGCC – Natural Gas Combined Cycle plant; CHP – Combined Heat &
Power plant
CCUS at electric power plants also develops infrastructure for
broader benefits & applications
Calpine Corporation 6
INDUSTRY
POWER
COLLECTION
HUB
SHARED SEQUESTRATION SITE
Enables future deployment of
direct air capture
• Future direct air capture technologies will be an important tool for removing carbon directly from the atmosphere, and shared sequestration & utilization facilities will be key to enabling that technology
Enables future hydrogen economy
• CCUS can support a rapid scaling of blue hydrogen production to meet future demand
• Blue hydrogen creates hydrogen from CH4 (natural gas), and the byproduct CO2 can easily be captured for utilization/ sequestration
Fosters industrial CO2
abatement
• The industrial sector accounts for 25% of California emissions
• According to the IPCC & IEA, CCUS is the only available technology capable of decarbonizing major industry
Hubs allow for economies of scale and can de-risk projects for other industries & technologies
Hubs can enable new technology deployment and deep decarbonization of industrial zones
H2
REFINERY
BLUE HYDROGEN
DIRECT AIR CAPTURE
SHARED TRANSPORT/ PIPELINE
Hard-to-reach GHG emissions
Enables new technology
BIO-ENERGY WITH CCS
CCS Cost Estimate Review - $ / tonne CO2
Calpine Corporation 7
$(100)
$(80)
$(60)
$(40)
$(20)
$-
$20
$40
$60
OpEx CapEx Fuel Transport Storage 45Q AB32 Gap
Range of Publicly Available CCS Costs(1)
(1) Cost estimates sourced from EPA IPM v6, NETL 2013 and 2020 Baselines, and Feron 2019 IJGGC reports
Calpine has two CCUS pilot projects in California
Calpine Corporation 8
• With DOE funding, ION Clean Energy has developed a
proprietary solvent and process that captures >90% of CO2
from power plant emissions at <$50/ton (and declining)
• Calpine and ION, with DOE funding, are piloting an
installation at Los Medanos that will be the first
installation of a carbon capture facility at a natural gas
combined cycle
• $17M pilot to commence operations in late 2021/early 2022
• Potential demonstration project
• Innovative technology to mineralize captured CO2 to
create light-weight building materials and other products
• Pilot project for ~5 tons/day to commence operations in
late 2021
• The Blue Planet pilot project can be scaled up after the
pilot phase to capture and convert more CO2 with the
intent of eventually reaching commercial scale
• Successfully tested lightweight concrete at a parking
facility at SFO
Carbon Capture Pilot
Carbon Utilization Pilot
ION pilot
location
Blue Planet
location
Los Medanos Energy Center to host two pilot CCUS projects
Ion Clean Energy: https://ioncleanenergy.com/
Blue Planet: https://www.blueplanet- ltd.com/