21 January 2020
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Transcript—Webinar audio transcript
The United States leads the world in CCUS deployment today with approximately 80% of the world’s CO2 capture capacity, but this represents less than 1% of the U.S. CO2 emissions from stationary sources. Increasing deployment can deliver benefits and favorably position the U.S. to participate in new market opportunities as the world transitions to a lower carbon energy system.
In 2017, the U.S. Secretary of Energy tasked the National Petroleum Council to study the actions needed to deploy CCUS technologies at scale in the United States. Now completed, this 18-month study and final report involved more 300 participants from diverse backgrounds and organizations, with most being from outside the oil and natural gas industry. The resulting road map builds the case for CCUS in the United States, and it details three phases of specific actionable recommendations needed to achieve deployment at scale over the next 25 years. The road map stresses that at-scale deployment requires:
- Strong collaboration between industry and government
- Improved policies, financial incentives, and regulations
- Broad-based innovation and technology development
- Increased understanding and confidence in CCUS.
Along with significant reduction in U.S. stationary source emissions and related environmental benefits, implementation of the recommendations in this report can create domestic jobs, benefit the economy, and augment energy security priorities.
Jarad Daniels, Director, Office of Strategic Planning, Analysis, and Engagement, U.S. Department of Energy
Jarad Daniels leads the Office of Strategic Planning, Analysis, and Engagement within the U.S. Department of Energy (DOE) Office of Fossil Energy, including domestic programs and international engagements conducted in close collaboration with industry, academia and multilateral organizations. Mr. Daniels has 25 years of experience with DOE, managing advanced technology programs and working in several national laboratories throughout the United States. His expertise includes domestic and global energy and environmental technologies, policies and programs. He holds a Master of Science degree in Chemical Engineering from the University of California at Berkeley.
Guy Powell, Carbon Capture and Storage Venture Executive, Exxon Mobil Corporation
Guy received his Bachelor of Science degree in Electrical Engineering from Mississippi State University in 1990 and joined Exxon Company U.S.A. as a Project Engineer at the Baton Rouge Refinery in Louisiana. Guy has subsequently worked in a variety of technical, refinery operations, planning and business development roles of increasing responsibility for the corporation’s downstream businesses in the United States and Europe. In 2014, Guy joined ExxonMobil’s Corporate Strategic Planning organization in Irving, Texas, as the corporation’s Greenhouse Gas Manager. In 2018, he assumed his current position as ExxonMobil’s Carbon Capture and Storage Venture Executive, where he is responsible for oversight of strategy, policy, advocacy, technology and business development for ExxonMobil’s global CCS activities. Guy is married, has two daughters and is now based in Houston, Texas.
Nigel Jenvey, Global Head of Carbon Management, Gaffney, Cline & Associates
Nigel has more than 23 years of global oil and gas industry experience in technology, exploration, development and production operations with major oil and gas operating companies. He is an industry leader in carbon management and expert in CCUS, having previously held roles such as the chair of the CO2 Capture Project, chair of the North American CCS Association and program chair of the Society of Petroleum Engineers CCUS Technical Section. At Gaffney, Cline & Associates, Nigel leads the new global carbon management practice to help customers understand the wide variety of options available that will ensure continued business success through the energy transition. Nigel graduated from Imperial College, London with a Master’s degree in Petroleum Engineering, and from The University of Leeds, UK with a Bachelor’s degree with honors in Mining Engineering. Nigel lives in Houston, Texas with his wife and two children.