CCS faces a number of challenges, in all countries, but particularly in developing countries. This webinar will discuss some of these challenges and barriers using South Africa as a case study. South Africa is working towards a Test Injection Project and subsequently a Carbon Capture and Sequestration Project. The World Bank considered it important to understand a set of constraints, including regulatory, technical, economic, human capacity, etc. to realization of CCS demonstration and commercialization, and how the CCS development will look like in the South African context, out to 2050. A techno-economic assessment has been undertaken to gain this understanding.
The techno-economic assessment explored CCS deployment in six relevant industries in South Africa, and assessed projected scenarios associated with key issues of interest (such as cost, impact on electricity prices, timeframes etc). The key output from the techno-economic study was a techno-economic model, supported by the data sets, specifically for South Africa. The potential storage site capacity has been analysed to provide a strong indication of the likely storage capacity available within physical and economic constraints.