The Global Storage Readiness Index: A Global CCS Institute Analysis

Abstract

The identification of suitable sites for the geological storage of carbon dioxide (CO₂) is a critical step in the deployment of a carbon capture and storage (CCS) worldwide. An inventory has been created of the storage readiness of individual countries, which is whether a country has identified suitable storage sites and is prepared to undertake geological storage. This inventory is known as the Global Storage Readiness Indicator. The Indicator uses a series of criteria to evaluate storage readiness of each country, including the level of detail of CO₂ storage studies and technical experience in CO₂ injection. The analysis found that six countries are prepared for large scale storage, five countries are well advanced and the majority (32) of countries are in the early stages of understanding their storage potential. The Global Storage Readiness Indicator will be updated regularly.

AAPG Datapages/Search and Discovery Article #90217 © 2015 International Conference & Exhibition, Melbourne, Australia, September 13-16, 2015