Estimating the Supply and Demand for Deep Geologic CO2 Storage Capacity over the Course of the 21st Century: A Meta-analysis of the Literature

Abstract

Whether there is sufficient geologic CO2 storage capacity to allow CCS to play a significant role in mitigating climate change has been the subject of debate since the 1990s. This paper presents a meta- analysis of a large body of recently published literature to derive updated estimates of the global deep geologic storage resource as well as the potential demand for this geologic CO2 storage resource over the course of this century. This analysis reveals that, for greenhouse gas emissions mitigation scenarios that have end-of-century atmospheric CO2 concentrations of between 350 ppmv and 725 ppmv, the average demand for deep geologic CO2 storage over the course of this century is between 410 GtCO2 and 1,670 GtCO2. The literature summarized here suggests that -- depending on the stringency of criteria applied to calculate storage capacity – global geologic CO2 storage capacity could be: 35,300 GtCO2 of “theoretical” capacity; 13,500 GtCO2 of “effective” capacity; 3,900 GtCO2, of “practical” capacity; and 290 GtCO2 of “matched” capacity for the few regions where this narrow definition of capacity has been calculated. The cumulative demand for geologic CO2 storage is likely quite small compared to global estimates of the deep geologic CO2 storage capacity, and therefore, a “lack” of deep geologic CO2 storage capacity is unlikely to be an impediment for the commercial adoption of CCS technologies in this century.