Chairpersons: Basak Kurtoglu, Quantum Energy Partners; Jan Sherman, Carbonvert

Forum Liaison: Claudia Molina, Hilcorp Energy Company

The goal of this session is to brainstorm current issues along the carbon capture and storage (CCS) value chain and determine what action industry can take to overcome these challenges. Participants will engage with panelists representing operational, regulatory and investor perspectives and collaborate with peers to strategize around future challenges facing the industry.

This session will focus on technologies and solutions that have the potential to drive down the cost of capture and enable more emissions to be addressable by CCS projects, as well as the transport technologies to connect those emissions to sequestration at scale.

Learnings from decades of developing and managing CO₂ floods serves as a foundation for establishing permanent CO₂ sequestration hubs across the globe. However, improved storage site characterization along with innovation in modeling and data acquisition techniques will be required to unlock the potential storage resource required to deliver on global net zero ambitions.

Development of large scale CCS projects with storage of 1gigaton (GT) CO₂ and beyond will require two key risks elements amongst many to be adressed. Risks such as legacy wells and Geological Containment are technically and economically challenging.

The session will focus on managing legacy wells and effective containment (vertical and within reservoirs).

Looking beyond the first gigaton of storage, this session will explore source and storage challenges to scaling and expanding global development of CCS, including a discussion of what global development of CCS will look like in 2040 and 2050. This session will also consider adaptive development strategies and regulatory frameworks necessary to facilitate operational flexibility for projects looking to add sources and increase volumes.

After a discussion about the current state of monitoring best practices this session will dive into the current challenges in monitoring:

• Case study in how conformance was demonstrate
• Urban planning for hub projects and how that impacts monitoring plans
• Liability and insurance for CCS projects

This session will focus on developing robust business models by examining key technical and commercial opportunities and barriers along the CCS value chain. We will discuss monetization models from around the world, brainstorm ways to improve public perception and consider synergistic technologies and partnerships.