Report: Longannet ScottishPower Carbon Capture & Storage (CCS) Consortium Front End Engineering and Design (FEED) - Chapter 07: Risk Management Abstract

In March 2010, the Scottish CCS (Carbon Capture & Storage) Consortium began an extensive Front End, Engineering and Design (FEED) study to assess what would be required from an engineering, commercial and regulatory, perspective in order to progress the CCS demonstration project at Longannet Power station in Scotland through to construction. The study yielded invaluable knowledge and the resulting material are available for download here. This section of the report aims to inform potential developers of CCS of the impact of risks on the design of large-scale CCS. It discusses the ScottishPower CCS Consortium approach to risk management, looking particularly at the identification and mitigation of specific areas of risks during FEED and the mitigating actions required for the major residual risks. The section covers five key areas: Overview of the risk assessment process through FEED, including mitigation measures, major movement of the Top 50 risks on the Risk Register, and current active risks; Mitigation strategies for major project risks; Mitigation strategies for those risks with the potential to cause significant delay to the Overall Project Programme; Allocation and insurability of risks; Integrity and risk assessment of existing plant to be integrated; From the outset of FEED, risk management was co-ordinated by the Risk Workstream. The Risk Workstream included representatives of each of the Consortium Partners and Aker Clean Carbon. The Risk Workstream had a remit to capture, codify and report on progress with risk management throughout the study. The management of the risks themselves remained with the risk owners. The Consortium's risk management strategy was based on the provision of a cross-Consortium, over-arching risk management framework. This was developed to: Provide visibility of the Consortium's risk exposure Make best use of the Consortium Partners' risk management experience Facilitate the assessment of the impact of changes within the scope of one Partner's risk profile to the others Encourage the identification of risks at Partner interfaces Provide consistent risk reporting across the Consortium in line with agreed requirements Each Consortium Partner was responsible for reporting monthly on their risks to the Consortium risk lead, who in turn collated the Consortium Partner updates and reported the overall Consortium risk status to the Consortium Management Office and DECC to show how the total risk value changed over the course of FEED. The appropriate summary section from the Feed Close Out Report can be downloaded as a PDF (Risk management.pdf). The main text of the FEED Close Out Report, together with the supporting appendix for this section can be downloaded as PDF files. Note this dataset is a duplicate of the reports held at the National Archive which can be found at the following link - http://webarchive.nationalarchives.gov.uk/20121217150421/http://decc.gov.uk/en/content/cms/emissions/ccs/ukccscomm_prog/feed/scottish_power/risk/risk.aspx