scholarly journals Analyzing Regulatory Framework for Carbon Capture and Storage (CCS) Technology Development: A case study approach

2020 ◽  
Vol 4 (1) ◽  
pp. 107-148
Author(s):  
Mac Osazuwa-Peters ◽  
Margot Hurlbert

Aim: This article provides insight into the portfolio of regulations advancing Carbon Capture and Storage (CCS) deployment. Using a taxonomy of policy portfolio tools adapted for regulations specific to CCS, this research identifies regulatory gaps as well as supports for CCS projects. Design / Research methods: Through a case study approach, this article analyzes the regulatory provisions in six jurisdictions (Texas, North Dakota, the U.S, Saskatchewan, Alberta and Canada) which have a successful CCS facility. Analyzing the provisions and content of regulations in these jurisdictions, this article highlights regulatory supports or areas of gaps for CCS projects in each jurisdiction. Conclusions / findings: There is no uniform definition or categorization of CO2 as a hazard, waste, pollutant or commodity across jurisdictions. This has serious impact on CO2 transport, especially across jurisdictions. It also impacts the administration of storage systems for CCS facilities. Regulations focusing primarily on technical aspects of CCS including capture, transport, and liability predominate while there are less regulatory provisions for the financial aspects of CCS technology as well as public engagement and support. While capital grants and emission and tax credits are the predominant financial issues covered in regulations, contract for differences, streamlining emission trading across borders and enhancing cooperation and multilevel engagement in CCS warrant more attention. Originality / value of the article: Many scenarios to maintain global warming below 2 degrees Celsius require combinations of new technology including CCS. The focus on CCS cost as a barrier to deployment overshadows the needs for regulatory support as a means of reducing uncertainties and de-risking CCS investments.  

2012 ◽  
Vol 248 ◽  
pp. 331-336
Author(s):  
Xian Jin Lai

Carbon capture and storage (CCS) provides important technological solutions to reduce CO2 emission at large scale for high emission countries. CCS technology is being shaped and developed within technological innovation system. The strength and composition of actor-networks in this system make a significant impact on CCS technology development. In order to facilitate the build-up of CCS innovation system, this study analyzes the actors-networks of CCS innovation system in China and the U.S, based on social-networks analysis. It is argued that there are huge differences between China and the U.S’s CCS innovation system. Therefore, the build-up of CCS innovation system in China should take characteristic approaches and policies to accelerate CCS development in the future.


2016 ◽  
Vol 2016 ◽  
pp. 1-15 ◽  
Author(s):  
Hongrui Chu ◽  
Lun Ran ◽  
Ran Zhang

Carbon capture and storage (CCS) technology is an effective method to mitigate CO2 emission pressure; however it is hard to be evaluated due to uncertainties. This paper establishes a real options analysis (ROA) model to evaluate CCS investment from the perspective of the existing thermal power plant by considering the fluctuations of electricity price, carbon price, and thermal coal price. The model is solved by the proposed robust Least Squares Monte Carlo method and China is taken as a case study to assess power plant’s CCS investment revenue. In the case study, robust ROA and ROA are compared under some CCS incentive factors. The results indicate that the proposed robust ROA is more realistic and suitable for CCS evaluation than common ROA to some extent. Finally, a policy schema to promote CCS investment is derived.


2019 ◽  
Vol 8 (6) ◽  
pp. e12861023 ◽  
Author(s):  
Pedro Junior Zucatelli ◽  
Ana Paula Meneguelo ◽  
Gisele de Lorena Diniz Chaves ◽  
Gisele de Lorena Diniz Chaves ◽  
Marielce de Cassia Ribeiro Tosta

The integrity of natural systems is already at risk because of climate change caused by the intense emissions of greenhouse gases in the atmosphere. The goal of geological carbon sequestration is to capture, transport and store CO2 in appropriate geological formations. In this review, we address the geological environments conducive to the application of CCS projects (Carbon Capture and Storage), the phases that make up these projects, and their associated investment and operating costs. Furthermore it is presented the calculations of the estimated financial profitability of different types of projects in Brazil. Using mathematical models, it can be concluded that the Roncador field presents higher gross revenue when the amount of extra oil that can be retrieved is 9.3% (US$ 48.55 billions approximately in 2018). Additional calculations show that the Paraná saline aquifer has the highest gross revenue (US$ 6.90 trillions in 2018) when compared to the Solimões (US$ 3.76 trillions approximately in 2018) and Santos saline aquifers (US$ 2.21 trillions approximately in 2018) if a CCS project were to be employed. Therefore, the proposed Carbon Capture and Storage method in this study is an important scientific contribution for reliable large-scale CO2 storage in Brazil.


2020 ◽  
Vol 6 (01) ◽  
pp. 1
Author(s):  
Moh. Muafi Bin Thohir

Behavior of santri worship at Darun Najah Islamic Boarding School PetahunanSumbersuko Lumajang, which lacks religious behavior such as a number of santri who stilldo not pray on time like dawn prayers, do not follow the activities of routine dhikr, do notread the Koran according to the specified schedule and other worship activities, areseparate problems for da'wah which need to be managed systematically through Da'wahmanagement so that they have good worship behavior. This study uses a qualitativemethod with the case study approach. The results of the study show that 1) Theimplementation of preaching management in the Islamic boarding school of Darun NajahPetahunan, Sumbersuko Subdistrict, Lumajang in improving santri worship behavior, iscarried out by planning, organizing, actualizing and overseeing the preaching program ofsantri worship behavior through the study of the yellow book material, the pesantrenculture developed is both mahdla and and ghairu mahdha. By upholding the culture ofta'dzim and polite behavior towards others and seniority created worship behavior on thestudents who not only know the teachings of Islam but also carry out the teachings ofIslam with their own awareness. 2) Supporting factors for the management of Islamicboarding school Darun Najah Petahunan Sumbersuko District Lumajang in improving thebehavior of students of religious worship include factors that desire students who havehimmah (enthusiasm) for learning, the participation of parents, awareness of runningworship services and reciting the mosque, the location of the mosque in front of theboarding school and the caregivers and religious teachers who always provide role modelsand have a good society. While the inhibiting factors are lack of discipline, the effect ofinformation technology development, increasingly negative association, theinconvenience of students to regulations, so that they require the involvement ofstudents, more affirmation of caregivers and better management of funding, increasedintensity of meetings and performance of administrators and caregivers who are closer tostudents to overcome the negative effects of information technology.


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