Dr. Steven Carpenter will be presenting ISO Standards – Process of certifying Storage via EOR on March 24th
The AAPG CCUS online conference will highlight current CCUS work and tackle related challenges including subsurface storage in saline reservoirs, storage associated with CO₂ enhanced oil recovery, reservoir monitoring and risk assessment, case studies, industry applications, economics, incentives, policies and regulations, and more.
EORI’s Director Dr. Steven Carpenter will be presenting ISO Standards – Process of certifying Storage via EOR on March 24th. Whether one refers to it as CCS, CCUS, CO2-EOR, “saline storage”, “incidental storage”, or an as yet to be defined term, the intent is closely related. Capture anthropogenic (man-made) carbon dioxide, transport it to a safe and secure storage location or facility, and inject the carbon dioxide into the geologic formation. Much research has been conducted on the group of technologies that are required to accomplish the task, but little has been written, and even less has been shared about the “process” to create internationally acceptable standards to qualify, quantify, and verify the CCUS process. While the contents of the International Standards are copyrighted, what is often overlooked, and in many cases fascinating, is the behind the scenes process, “inside baseball” or “behind the curtain” of the sausage making process of ISO 27916-2109 Carbon dioxide capture, transportation and geological storage — Carbon dioxide storage using enhanced oil recovery (CO2-EOR). This article provides a discussion of the progress in frameworks and protocols regarding the relevant information of the process and issues wrestled with in order to develop an international standard on CO2-EOR/CCUS in the broader community. This presentation will present some of the background thinking, the extended debates about US and EU rules, various stakeholder’s perspectives on the key issues, and how this impacts rulemaking and technical solutions. Additionally, this presentation will discuss the process and regulation of CO2-EOR and what the application of the IRS 45Q tax credit and the use of the ANSI 27916:2019 can mean for the advancement of CCUS. The amended section 45Q tax credit is intended to further incentivize technologies such as CO2-EOR that deliver significant economic benefits while necessarily resulting in the associated storage of CO2 as part of routine operations.
More information and registration for the online event can be found here.