International Standards Support Commercial Deployment of CCS and CO2-EOR

Abstract

For CCS, standards may prove to be one of the last pieces of the puzzle needed to deploy these technologies at a commercial scale. Similarly, for CO2-EOR standards may contribute to global deployment of an already commercial industry. Despite having numerous of positive features, like the potential for cost reductions, risk-sharing and dissemination of knowledge, the development and use of standards are balancing exercises. Having the potential to discriminate technologies and stakeholders or hinder technology development, consideration has to be given to aspects like technology neutrality, IP rights, national and international legal frameworks when seeking the consensus required to publish and utilize standards.

Keywords: CCS, CO2-EOR, ISO standards, commercialization, value chain, public-private partnerships, Other, GHGT-14