Carbon Capture and Storage Forum
Inaugural Conference: From debate to action: spotlight on policy and commercial developments
25th November 2009, Le Méridien Piccadilly, London
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Conference Agenda
Wednesday 25 November 2009, Le Méridien Piccadilly, London
Day One
Chairman’s opening remarks

David Clarke
Chief Executive, Energy Technologies Institute
David Clarke
Chief Executive, Energy Technologies Institute
Biography
David Clarke joined the Energy Technologies Institute (ETI) as Chief Executive Officer in January 2008 from his previous role as Head of Technology Strategy at Rolls-Royce plc. He leads a £1 billion enterprise evaluating and demonstrating low carbon energy systems and technologies covering power, heat, transport and supporting infrastructure.
He has been involved in collaborative research and development of advanced technologies for over 20 years. At Rolls-Royce he led a range of technology groups including their Advanced Materials development activities and the corporate Strategic Research Centre developing opportunities in fields as diverse as fuel cells, electrical propulsion technologies and advanced diagnostics.
He has been a member of the EPSRC Council, is a member of the North West Science Council and the UK Energy Research Partnership.
David graduated from the University of Surrey with a BSc in Materials Technology and a PhD in Composite Materials. He is a Fellow of the Institute of Materials, Metals and Mining, a Fellow of the Energy Institute and a Chartered Engineer.
SESSION ONE: GETTING CCS OFF THE GROUND – FUNDING, PLANNING AND POLICY CHALLENGES
Making the UK a world leader in CCS technology

Nick Horler
Chief Executive, ScottishPower
Nick Horler
Chief Executive, ScottishPower
Biography
Nick Horler, 49, was appointed ScottishPower CEO in June 2008 following an impressive career in which he has held senior strategic roles in major companies both in the UK and abroad.
His appointment as CEO with ScottishPower follows the company’s successful integration with Iberdrola, during which a high priority was set on encouraging shared experiences and best practices across the Group while at the same time supporting local management. With the integration process now complete, the Iberdrola Group is now one of the five largest energy companies in the world and ScottishPower has become one of the Group’s principal engines of growth.
In the UK, where there is a planned investment of €4.2bn between 2008 and 2010, Nick has responsibility for 10,000 staff, an extensive electricity transmission and distribution network, and a customer base of over 5 million homes and businesses.
Before joining ScottishPower, Nick was Executive Director of E.ON UK plc and has held other senior executive positions in that group for more than 10 years. As CEO with Powergen Retail, Nick had responsibility for turnover of £6bn, 6,000 staff, and eleven locations in the UK and overseas. His duties as MD of the Energy Trading Division at Powergen included responsibility for integrated gross margin for the UK business, Trading, Power, Gas, Oil and Coal.
Prior to this he spent twelve years with Phillips Petroleum (now ConocoPhillps) where he progressed to Sales and Marketing Director, and spent three years in the USA as Supply and Trading Manager and then Risk Manager.
Nick is married with a family of three. He attended the University of Newcastle-Upon-Tyne and subsequently gained an MBA from Warwick University.
The challenge of building new clean coal plants

Dr Paul Golby
Chief Executive, E.ON UK
Dr Paul Golby
Chief Executive, E.ON UK
Biography
Following a series of management appointments with Dunlop and BTR, he joined the Board of the ‘mini conglomerate’ Clayhithe plc in 1992. Joining East Midlands Electricity in 1998, he became Chief Executive of E.ON UK (formerly Powergen) in 2002. Since that time he has steered E.ON through two multi-billion pound acquisitions to a £8.5 billion turnover organisation employing 17,000 people.
He is a member of the Executive Committee of E.ON AG, one of the world’s largest investor-owned power and gas company and is the non-executive Chairman of AEA Technology plc. Dr Golby is a frequent commentator on the UK Government’s scientific and energy policy.
He is a fellow of the Royal Academy of Engineering, the Institution of Engineering and Technology, the Institution of Mechanical Engineers, and the Energy Institute.
He was awarded an honorary degree from Aston University in 2007 and Cranfield University in 2008.
He was appointed Pro Chancellor of Aston University and Chair of Council in January 2009.
Seizing the UK CCS opportunity: what will it take?

Venkie Shantaram
Partner, McKinsey & Company
Venkie Shantaram
Partner, McKinsey & Company
Biography
Venkie is a Partner at McKinsey & Company, based in London. Venkie works at the intersection of energy and climate change – leading the UK Utilities practice and co-leading McKinsey’s global Climate Change Special Initiative. On the energy front, he has deep expertise in serving regulated utilities and in global gas & LNG markets. On the Climate Change front, he has developed expertise in sector-level and country-level de-carbonization strategies.
Illustrative efforts Venkie has led/is leading include:
Utilities: power/gas/water
- 2030 investment pathway and policy options for the UK electricity sector
- Investment strategy and project risk assessment model for a regulated utility
- Smart metering strategy for a regulated utility
- Cross-border value creation strategy for a regulated utility
- Biomass strategy and UK renewables regime assessment for a generator
- Internationalization strategy for a water utility
- Preparing a water utility for market deregulation
- Growth strategy in LNG for a power & gas utility
- Gas supply security strategy for multiple European utilities and an Asian government
Oil & gas players: resource holders and international players
- Corporate strategy for a vertically integrated National Oil Company
- Global LNG strategy for an international oil & gas company
- Country & region level upstream strategy for an international oil & gas company
- Portfolio strategy for a state-owned Central Asian company
Climate Change: leading national and global institutions
- Developed the 2020 and 2030 carbon abatement “cost curve” for the UK
- Defined a low-carbon country pathway for a large developing country
- Defining a performance regime for sector de-carbonization in a number of developing countries
Venkie holds an MBA from INSEAD, Fontainebleau and a Bachelors in Business from Delhi University
PANEL DISCUSSION: THE FUTURE OF COAL IN THE UK – CCS AND OTHER LOW-CARBON ALTERNATIVES
- What should the priorities be in the medium term to deliver the carbon reduction commitments?
- Assessing the costs, risks and potential of CCS technology: how does it compare to other low-carbon options?
- The ETS and the price of carbon: how much certainty do developers require?
- Approaches to financing: early demonstration projects and longer-term integration into greenhouse gas regulatory mechanisms
- What immediate action is required to facilitate the development of CCS and what are the timeframes?

Dr Paul Golby
Chief Executive, E.ON UK
Dr Paul Golby
Chief Executive, E.ON UK
Biography
Following a series of management appointments with Dunlop and BTR, he joined the Board of the ‘mini conglomerate’ Clayhithe plc in 1992. Joining East Midlands Electricity in 1998, he became Chief Executive of E.ON UK (formerly Powergen) in 2002. Since that time he has steered E.ON through two multi-billion pound acquisitions to a £8.5 billion turnover organisation employing 17,000 people.
He is a member of the Executive Committee of E.ON AG, one of the world’s largest investor-owned power and gas company and is the non-executive Chairman of AEA Technology plc. Dr Golby is a frequent commentator on the UK Government’s scientific and energy policy.
He is a fellow of the Royal Academy of Engineering, the Institution of Engineering and Technology, the Institution of Mechanical Engineers, and the Energy Institute.
He was awarded an honorary degree from Aston University in 2007 and Cranfield University in 2008.
He was appointed Pro Chancellor of Aston University and Chair of Council in January 2009.

Nick Horler
Chief Executive, ScottishPower
Nick Horler
Chief Executive, ScottishPower
Biography
Nick Horler, 49, was appointed ScottishPower CEO in June 2008 following an impressive career in which he has held senior strategic roles in major companies both in the UK and abroad.
His appointment as CEO with ScottishPower follows the company’s successful integration with Iberdrola, during which a high priority was set on encouraging shared experiences and best practices across the Group while at the same time supporting local management. With the integration process now complete, the Iberdrola Group is now one of the five largest energy companies in the world and ScottishPower has become one of the Group’s principal engines of growth.
In the UK, where there is a planned investment of €4.2bn between 2008 and 2010, Nick has responsibility for 10,000 staff, an extensive electricity transmission and distribution network, and a customer base of over 5 million homes and businesses.
Before joining ScottishPower, Nick was Executive Director of E.ON UK plc and has held other senior executive positions in that group for more than 10 years. As CEO with Powergen Retail, Nick had responsibility for turnover of £6bn, 6,000 staff, and eleven locations in the UK and overseas. His duties as MD of the Energy Trading Division at Powergen included responsibility for integrated gross margin for the UK business, Trading, Power, Gas, Oil and Coal.
Prior to this he spent twelve years with Phillips Petroleum (now ConocoPhillps) where he progressed to Sales and Marketing Director, and spent three years in the USA as Supply and Trading Manager and then Risk Manager.
Nick is married with a family of three. He attended the University of Newcastle-Upon-Tyne and subsequently gained an MBA from Warwick University.

Richard J Budge
Chief Executive Officer, Powerfuel
Richard J Budge
Chief Executive Officer, Powerfuel
Biography
Richard Budge is the Chief Executive Officer of Powerfuel plc and is currently revitalising the long-term mining prospects of Hatfield Colliery, near Doncaster where it is planned to develop a 900MW Power Station together with a CCS project which will be part of a scheme where a network of CO2 pipelines linking the power station and major industrial installations across Yorkshire and Humberside. The project has already been selected as one of the six schemes to go forward under the European Economic Recovery Package (EERP) and is eligible under the European Grant.
Until 22nd July 2002, Mr Budge had represented UK coal producers on the European Coal and Steel Community. He was Chairman of its Marketing and Forward Studies Committee.
Formerly the Chief Executive of RJB Mining, which when the coal industry was privatised acquired the bulk of the nationalised British Coal industry for £815m; creating RJB Mining plc, repaying its bank acquisition debt within two years. RJB Mining plc Britain’s biggest coal producer operated 13 collieries and a similar number of surface mine sites employing 7,500 people in Yorkshire, the North East and the Midlands. Mr Budge, 62 was born in Lincolnshire and educated at Boston Grammar School.
He left RJB Mining in February 2001 and now is Chief Executive Officer of Powerfuel plc which has recently invested £140mi in re-opening Hatfield Colliery and will be seeking financial support for the construction of a 900MW IGCC on site which once built, will take all production from Hatfield for the next 30 years and capture 4.5mt of CO2 per annum.
Mr Budge was the main instigator of Confederation of UK Coal Producers (Coalpro) and has served as chairman and President when it was established as the industry trade body in 1990 to promote the interests of independent mining companies. Mr Budge was Chairman from 1991 to 1994 then became President 1994/1995 through to 2001.
Vice President of the Coal Trade Benevolent Association, Mr. Budge is Chairman of the Coal Industry Social Welfare organisation, and he is currently Chairman of Nottinghamshire Enterprise and a Trustee of the National Coal Mining Museum for England.

David Porter
Chief Executive, Association of Electricity Producers
David Porter
Chief Executive, Association of Electricity Producers
Biography
David Porter began his career in local government. He then ran businesses of his own, including a successful restaurant. He was an adviser to the Association from 1987 and became its Chief Executive in 1991 (until 1995 it had been the Association of Independent Electricity Producers).
He has served on:
- the Executive Committee of the Electricity Pool of England & Wales;
- the government’s Renewable Energy Advisory Committee;
- the government’s ‘Foresight Energy Futures Task Force’ and
- he was President of the UK’s ‘Energy Industries Club’ 2003 - 2005.
He is currently:
- on the Board of the European electricity body ‘Eurelectric’;
- Chairman of the Energy Policy & Generation Committee of Eurelectric;
- a Director of the UK Parliamentary Renewable and Sustainable Energy Group (‘PRASEG’);
- a member of the government's Coal Forum and
- Chairman of the Future Generation Sub Group of the Coal Forum.
David is an Honorary Fellow of the Energy Institute.
In 2007, he was appointed OBE by Her Majesty the Queen, for services to the Power Generation Industry.

Dr Doug Parr
Chief Scientist and Director of Policy & Solutions, Greenpeace
Dr Doug Parr
Chief Scientist and Director of Policy & Solutions, Greenpeace
Biography
Dr Douglas Parr is Chief Scientist and Policy Director at Greenpeace UK, looking after the science and political lobbying functions. Currently working on climate change policy in the power, heat and transport sectors, he has previously worked on a number of issues including GM crops, chemicals policy, green refrigeration, marine conservation, biofuels and nuclear power. He obtained a D.Phil in Atmospheric Chemistry from Oxford University in 1991.

Venkie Shantaram
Partner, McKinsey & Company
Venkie Shantaram
Partner, McKinsey & Company
Biography
Venkie is a Partner at McKinsey & Company, based in London. Venkie works at the intersection of energy and climate change – leading the UK Utilities practice and co-leading McKinsey’s global Climate Change Special Initiative. On the energy front, he has deep expertise in serving regulated utilities and in global gas & LNG markets. On the Climate Change front, he has developed expertise in sector-level and country-level de-carbonization strategies.
Illustrative efforts Venkie has led/is leading include:
Utilities: power/gas/water
- 2030 investment pathway and policy options for the UK electricity sector
- Investment strategy and project risk assessment model for a regulated utility
- Smart metering strategy for a regulated utility
- Cross-border value creation strategy for a regulated utility
- Biomass strategy and UK renewables regime assessment for a generator
- Internationalization strategy for a water utility
- Preparing a water utility for market deregulation
- Growth strategy in LNG for a power & gas utility
- Gas supply security strategy for multiple European utilities and an Asian government
Oil & gas players: resource holders and international players
- Corporate strategy for a vertically integrated National Oil Company
- Global LNG strategy for an international oil & gas company
- Country & region level upstream strategy for an international oil & gas company
- Portfolio strategy for a state-owned Central Asian company
Climate Change: leading national and global institutions
- Developed the 2020 and 2030 carbon abatement “cost curve” for the UK
- Defined a low-carbon country pathway for a large developing country
- Defining a performance regime for sector de-carbonization in a number of developing countries
Venkie holds an MBA from INSEAD, Fontainebleau and a Bachelors in Business from Delhi University
Refreshments
SESSION TWO: CASE STUDIES – INTERNATIONAL PROGRESS
Making CCS projects work commercially – an international project developer’s perspective

Adam Whitmore
Chief Economist, Hydrogen Energy International
Adam Whitmore
Chief Economist, Hydrogen Energy International
Biography
Adam Whitmore is Chief Economist at Hydrogen Energy, a joint venture between BP and Rio Tinto to develop and operate hydrogen fuelled power stations with carbon capture and storage. He has over 20 years’ experience in the energy sector, and has worked on a wide range of economic, policy, regulatory and commercial issues.
Questions
SESSION THREE: MAKING CCS ECONOMICALLY VIABLE
Creating a positive environment for the development of CCS across the EU

Dr Pierre Dechamps
European Commission
Dr Pierre Dechamps
European Commission
Biography
Dr Pierre Dechamps holds an electro-mechanical engineering degree from Liège University, a Master of Science from Cranfield University and a PhD from Liège University.
He worked for 5 years as an assistant in Liège University, in the power generation department.
He then joined the industry, CMI, Cockerill Mechanical Industries, one of the world leading heat recovery boiler manufacturers for power stations, where he quickly became the Head of the R&D Engineering Department.
Since 1998, he worked for 10 years for the European Commission Directorate General for Research as project officer for clean coal technologies and later on for CO2 capture and sequestration.
In January 2008, he joined the Bureau of European Policy Advisers of President Barroso as the adviser for energy and climate change.
The economics of CCS: bridging the gap to commercial reality

Dr Samuel Fankhauser
London School of Economics & Member of the Committee on Climate Change
Dr Samuel Fankhauser
London School of Economics & Member of the Committee on Climate Change
Biography
Dr. Samuel Fankhauser is a Principal Research Fellow at the Grantham Research Institute on Climate Change and the Environment at the London School of Economics. He is a member of the Committee on Climate Change, an independent public body that advises the UK government on its greenhouse gas targets, and of its Adaptation Sub-Committee. He also serves as Chief Economist at Globe International, the international legislator forum.
Previously, Sam worked at the European Bank for Reconstruction and Development, where he rose to Deputy Chief Economist and was responsible for the Bank’s policy studies programme. He has worked on climate change issues at the Global Environment Facility and the World Bank and served on the 1995, 2001 and 2007 assessments of the Intergovernmental Panel on Climate Change. In 2007/08 he was Managing Director at IDEAcarbon Strategic.
Sam’s research interests include carbon markets, the economics of adaptation and the social costs of climate change. A UK and Swiss national, Sam studied economics at the University of Berne and the London School of Economics and holds a PhD from University College London.
Questions
Lunch
Introduction to the Adam Smith Institute by Dr Eamonn Butler, Director, Adam Smith Institute
SESSION FOUR: CREATING A TRANSPORT AND STORAGE NETWORK
Setting up a transport and storage business

Chris Train
Director, Network Operations, National Grid
Chris Train
Director, Network Operations, National Grid
Biography
Chris Train is currently responsible for the real time operation of National Grid’s electricity and gas transmission networks in the UK, forward energy trading and balancing services, operational forecasting, planning and policy.
Chris Train has over 20 years experience within the energy and utility sector. Chris led the National Grid acquisitions of Keyspan and New England Gas in the north east US. These transactions followed the successful sale of half of National Grid’s UK gas distribution Networks.
In his early career Chris held a number of engineering regulation and commercial positions. Chris is a Chartered Engineer and a member of the Energy Institute, the Institution of Gas Engineers and Managers, and the Chartered Institute of Marketing. He has extensive experience operating in the commercial and regulatory environment in the UK, US and Europe.
Behaviour of CO2 in transportation systems

Terry Tomlinson
General Manager Front End Solutions, Costain
Terry Tomlinson
General Manager Front End Solutions, Costain
Biography
Terry Tomlinson is General Manager Front End Solutions at Costain Energy and Process, Manchester, UK with overall responsibility for front-end process design activities. He has over 35 years experience in gas plant projects across a wide variety of applications including gas storage, reception, conditioning and distribution as well as cryogenic processing of industrial and hydrocarbon gas streams. He holds a B.Sc. in chemical engineering from Leeds University. He is a Fellow of the Institution of Chemical Engineers and a Chartered Engineer in the UK.
The challenge of commercialising geological storage

Ian Phillips
Director – CO2 Infrastructure, CO2 Deepstore
Ian Phillips
Director – CO2 Infrastructure, CO2 Deepstore
Biography
Ian Phillips has 27 years experience in the upstream oil and gas industry, including 18 years with oil operating companies (Shell, BP, Marathon and Ramco) and 6 years with a major service company (Halliburton).
In 2007 he became a founding Director of CO2DeepStore Limited, one of the first companies specifically seeking to provide the service of the deep geological storage of CO2 to alleviate the worst effects of climate change.
He is a Director of the Carbon Capture and Storage Association (CCSA), and is Chairman of the CCSA Regulatory Workgroup that is currently in dialogue with DECC on the development of the UK CCS regulations.
He obtained an M.Eng. in Petroleum Engineering from Heriot Watt University, and an MBA through the Open University. He is a Fellow of the UK Energy Institute and is a Chartered Petroleum Engineer.
He is Chairman of the Board of Young Enterprise in Grampian and is a Director of the charity Young Enterprise Scotland.
Questions
Refreshments
SESSION FIVE: LOOKING TO THE FUTURE – IMMEDIATE CHALLENGES AND LONG-TERM VISION
PANEL DISCUSSION: CREATING A REGULATORY STRUCTURE FOR CCS
- What are the regulatory challenges of CCS? Working towards clarity over the regulatory framework and relevant permitting authorities for CCS developments
- A level playing field: ensuring that CCS competes fairly with other low-carbon options
- Enabling the carbon market to function to promote the most cost-effective solutions for carbon mitigation
- Retrofitting: how will the financial and technical viability of the technology be judged?
- Working towards a framework for CCS operations: timescales and the danger of procrastination
Questions will be taken throughout the panel

Bronwen Northmore
Head of CCS Policy, Department of Energy & Climate Change
Bronwen Northmore
Head of CCS Policy, Department of Energy & Climate Change
Biography
Responsible for the development, demonstration and deployment of Cleaner Fossil Fuel technologies, particularly for power generation. Main areas of activity include technology development; policy in relation to demonstration of carbon capture and storage (CCS) in the UK; the design and implementation of regulation for CCS; policy towards wider deployment of CCS in the UK; and how best to develop effective links between UK and international activity in order to encourage the swift deployment of CCS globally.

Tony Grayling
Head of Climate Change and Sustainable Development , Environment Agency
Tony Grayling
Head of Climate Change and Sustainable Development , Environment Agency
Biography
Tony Grayling is head of Climate Change and Sustainable Development at the Environment Agency, leading on cross-cutting issues including sustainable communities, climate change and planning. He was previously a special adviser to David Miliband and Hilary Benn at DEFRA, helping to conceive and design the Climate Change Act 2008. From 2002 to 2006 he was an associate director and head of the sustainability team at the Institute for Public Policy Research, which he joined in 1999 as a research fellow. He was a special adviser to the Minister for Transport, Gavin Strang, from 1997-98 during the development of the 1998 integrated transport white paper and before that a researcher successively to Labour MPs Ron Davies and Anne Campbell. Educated at Thorpe St Andrew School, Norwich and Fitzwilliam College, Cambridge University he has a PhD in plant sciences.

Richard MacRory
Barrister, Professor on Environmental Law, University College London
Richard MacRory
Barrister, Professor on Environmental Law, University College London
Biography
Richard Macrory is a barrister and professor of law at University College London. He was first chairman of the UK Environmental Law Association, and has been a member of the Royal Commission on Environmental Pollution and a board member of the Environment Agency. He is currently directing the UCL Carbon Capture Legal Programme which is working closely with the IEA's Regulators' Network.

Ian Phillips
Director – CO2 Infrastructure, CO2 Deepstore
Ian Phillips
Director – CO2 Infrastructure, CO2 Deepstore
Biography
Ian Phillips has 27 years experience in the upstream oil and gas industry, including 18 years with oil operating companies (Shell, BP, Marathon and Ramco) and 6 years with a major service company (Halliburton).
In 2007 he became a founding Director of CO2DeepStore Limited, one of the first companies specifically seeking to provide the service of the deep geological storage of CO2 to alleviate the worst effects of climate change.
He is a Director of the Carbon Capture and Storage Association (CCSA), and is Chairman of the CCSA Regulatory Workgroup that is currently in dialogue with DECC on the development of the UK CCS regulations.
He obtained an M.Eng. in Petroleum Engineering from Heriot Watt University, and an MBA through the Open University. He is a Fellow of the UK Energy Institute and is a Chartered Petroleum Engineer.
He is Chairman of the Board of Young Enterprise in Grampian and is a Director of the charity Young Enterprise Scotland.
A vision for the future of coal power: challenges and opportunities for the UK

Nigel Yaxley
Managing Director, CoalImp
Nigel Yaxley
Managing Director, CoalImp
Biography
Nigel Yaxley is the founder and Managing Director of CoalImp, the Association of UK Coal Importers. Since 2006 he has developed his consultancy business in the coal and energy field and works as Consultancy Lead for Energy Edge Limited.
Nigel joined the coal industry in 1977 after graduating in Physics from Cambridge University. He moved to UK Coal in 1995 on privatisation of the industry and was Marketing Director until end-2005. From 2005 to 2007 he was President of Euracoal, which represents the interests of European producers and importers on the European stage, and is now Chairman of Euracoal’s Market Committee.
Questions
Chairman’s closing remarks and end of conference
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