United NationsДепартамент по экономическим и социальным вопросам Sustainable Development

Saudi Arabia

INTERVENTION BY SAUDI ARABIA
CSD 14
New York ? May 3, 2006
Afternoon Session
Thematic Discussion: Meeting growing needs for energy services through
increased use of renewable energy, greater reliance on advanced energy
technologies, including advanced fossil fuel technologies
In my morning intervention I mentioned that the world demand will grow by 50-
60% over the coming 25 years. The world needs Giga Watts and that is not
going to be supplied by wind turbines. i heard some reactions to this that
Germany had 10 or 12 GW of installed wind energy. And I also heard another
similar reaction I believe from Spain. Perhaps I should be more specific with
some numbers.
Mr. Chairman, I recent study on the reform in china power industry, indicates that
by 2020, the total installed capacity in China will be 900GW. That?s a lot of
GWatts, and that?s only in china. Growth in the rest of the developing countries
is also great.
Renewable energy are important, and they will continue to grow, and they will
provide a great source for rural areas.
But what about real growth in base load, in major cities. This will be met be fossil
fuels.
The supply of energy to meet this thirst and growing demand will mainly come
from fossil fuels, 80% of the energy mix as all outlooks and forecasts show.
We have heard from Norway and Canada about some of their experiences and
successful applications of CCS.
According to the Special Report on CO2 Capture and Storage (CCS) issued by
the Intergovernmental Panel of Climate Change, CO2 sequestration has the
potential to reduce global CO2 emissions by 9?12% by 2020, and 21?45% of
global CO2 emissions by 2050. 45% of total global emissions! no other
substitute or technology can achieve that.
It was mentioned that the cost of CCS is very high, and even making it higher
than renewable energy, this is not accurate. Application of CCS to electricity
production, under 2002 conditions, is estimated to increase electricity generation
costs by about 0.01?0.05 US dollars per kilowatt hour (US$/kWh), depending on
the fuel, the specific technology, the location and the national circumstances.
Inclusion of the benefits of Enhanced Oil Recovery would reduce additional
electricity production costs due to CCS by around 0.01?0.02 US$/kWh.
There are a number of success stories in the application of CCS. The successful
sequestration of 5 million tons of CO2 into the Weyburn field in Saskatchewan,
Canada. This is equivalent to taking one million cars of the road.
There is the Salt Creek Field in Wyoming where the use of CO2 injection is
expected sequester about 29 million tons of CO2, and to increase production and
recover more than 150 million barrels of oil from this century-old field. About
7,200 tons a day of CO2 will be sequestered by delivery and injection.
CCS has the potential to reduce overall mitigation costs and increase flexibility in
achieving greenhouse gas emission reductions. The widespread application of
CCS would depend on diffusion and transfer of the technology to developing
countries and their capacity to apply the technology, regulatory aspects, and
public perception.
We need to evaluate the obstacles and iron them out in order to allow for this
technology to spread. There is great potential for the application of CCS in many
developing countries.
Saudi Arabia for example has a great potential along with other countries in the
region. There is a great opportunity for applying CCS for Enhances Oil
Recovery, and for storage in geological formation and depleted oil and gas fields.
And it is no secret that Saudi Arabia and the region has a very high potential for
this technology. We need full deployment of this technology and capacity
building for its application.
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