Content Tagged: "IEA"

In this SPE Tech Talk episode, SLB discuss how digital technologies can enable greater consistency in screening and ranking sites and evaluate selected candidates.

With a global focus on energy transition toward more sustainable and greener energy with a positive environmental impact, it is essential to ensure th

This SPE Live Gaia Talk examines the key takeaways from the IEA 2021 Energy Progress Report and deciphers future energy scenarios, energy investment i

The IEA talk to SPE Live about their recent World Energy Outlook set against the COVID-19 global economic recession and the Energy Transition. We disc

After the release of the OPEC, IEA and EIA energy outlook reports earlier this month, this panel will look at the overarching status of the energy mar

According to the IEA, at the start of 2020, global energy investment was on track for growth of around 2%, which would have been the largest annual ri

CCS is seen by many bodies such as the IEA and the IPCC as a one of the key enablers to decarbonising the economy. Transportation of CO2 is a key focal area in any CCS project but while dehydration of natural gas for transportation is well understood and regulated, the same cannot yet be said for CO2.

Executive Panel addresses how leaders act and steer their organizations through one of the most challenging times in the oil industry, which is facing

SPE Live Executive Panel addresses how leaders act and steer their organizations through one of the most challenging times in the oil industry, which

The Intergovernmental Panel on Climate Change (IPCC) and the International Energy Agency (IEA) have issued recent reports suggesting that deployment of carbon dioxide capture and storage (CCS) can significantly reduce the cost of achieving CO2 emission reduction targets. However, several questions remain: Under what circumstances will large-scale deployment take place? Where and when will this occur? How large a role will CCS play in stabilizing atmospheric concentrations of CO2? I will review the current status of CO2-EOR and geologic storage focusing on subsurface lessons learned and their implications for large-scale CCS. Our industry has a long history with CO2-EOR that provides a strong experience base for CO2 storage. However, CO2-EOR alone will be insufficient to meet emission reduction targets and storage in deep saline aquifers is also being investigated.Experience from operating CCS projects shows that subsurface storage capacity in saline formations can be limited by dynamic injectability factors. Hundreds of years of CO2 storage capacity is potentially available, even after accounting for dynamic limitations, but the areal distribution of potential storage capacity is widely varied. Geologic and reservoir engineering studies will be essential for identifying storage sites having adequate capacity, containment, and injectivity. Petroleum engineers will play a key role in these studies. Presented by Dr. Gary Teletzke

​Scenarios for outlooks of energy demand and supply are important tools for policy makers and the industry to evaluate the impact of policy options on a number of societal development issues. Most of the outlooks incorporate a scenario with current (or announced) policies; they may also include variations, such as sensitivity analysis on exogenous factors (such as economic growth), or more fundamental changes such as strong carbon-reduction measures.