Reservoir Characterization and Storage Capacity Evaluation for Carbon Capture and Storage: A Case Study From East Natuna

2018 ◽  
Author(s):  
K. Prabowo
Keyword(s):  
Carbon Capture ◽  
Reservoir Characterization ◽  
Storage Capacity ◽  
Carbon Capture And Storage ◽  
Capacity Evaluation ◽  
And Storage

scholarly journals Evaluating CCS Investment of China by a Novel Real Option-Based Model

2016 ◽  
Vol 2016 ◽  
pp. 1-15 ◽  
Author(s):  
Hongrui Chu ◽  
Lun Ran ◽  
Ran Zhang
Keyword(s):  
Carbon Capture ◽  
Real Option ◽  
Thermal Power ◽  
Carbon Capture And Storage ◽  
Carbon Price ◽  
Coal Price ◽  
Thermal Coal ◽  
Robust Least Squares ◽  
And Storage

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.

scholarly journals Uncertainty in regional estimates of capacity for carbon capture and storage

Solid Earth ◽  
2019 ◽  
Vol 10 (5) ◽  
pp. 1707-1715 ◽  
Author(s):  
Mark Wilkinson ◽  
Debbie Polson
Keyword(s):  
Carbon Capture ◽  
Storage Capacity ◽  
Significant Proportion ◽  
Carbon Capture And Storage ◽  
Saline Aquifers ◽  
Storage Site ◽  
Limited Data ◽  
Wide Range ◽  
Regional Estimates ◽  
And Storage

Abstract. Carbon capture and storage (CCS) is a potentially important technology for the mitigation of industrial CO2 emissions. However, the majority of the subsurface storage capacity is in saline aquifers, for which there is relatively little information. Published estimates of the potential storage capacity of such formations, based on limited data, often give no indication of the uncertainty, despite there being substantial uncertainty associated with the data used to calculate such estimates. Here, we test the hypothesis that the uncertainty in such estimates is a significant proportion of the estimated storage capacity, and should hence be evaluated as a part of any assessment. Using only publicly available data, a group of 13 experts independently estimated the storage capacity of seven regional saline aquifers. The experts produced a wide range of estimates for each aquifer due to a combination of using different published values for some variables and differences in their judgements of the aquifer properties such as area and thickness. The range of storage estimates produced by the experts shows that there is significant uncertainty in such estimates; in particular, the experts' range does not capture the highest possible capacity estimates. This means that by not accounting for uncertainty, such regional estimates may underestimate the true storage capacity. The result is applicable to single values of storage capacity of regional potential but not to detailed studies of a single storage site.

scholarly journals The application, required investments and operational costs of geological CO2 sequestration: a case study

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
Keyword(s):  
Carbon Capture ◽  
Large Scale ◽  
Co2 Storage ◽  
Carbon Capture And Storage ◽  
Saline Aquifers ◽  
Natural Systems ◽  
Geological Co2 Sequestration ◽  
And Storage ◽  
Geological Formations

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.

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
Keyword(s):  
Carbon Capture ◽  
Design Research ◽  
Technology Development ◽  
New Technology ◽  
Carbon Capture And Storage ◽  
Emission Trading ◽  
Case Study Approach ◽  
Study Approach ◽  
And Storage

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.  

CCS (carbon capture and storage) investment possibility in South East Europe: A case study for Croatia

Energy ◽  
2014 ◽  
Vol 70 ◽  
pp. 325-337 ◽  
Author(s):  
Alfredo Višković ◽  
Vladimir Franki ◽  
Vladimir Valentić
Keyword(s):  
Carbon Capture ◽  
Carbon Capture And Storage ◽  
East Europe ◽  
South East Europe ◽  
And Storage

Beyond Learning

2015 ◽  
pp. 191-213 ◽  
Author(s):  
Andrea Corleto ◽  
Veronica Tomassetti
Keyword(s):  
Carbon Capture ◽  
Summer School ◽  
Carbon Capture And Storage ◽  
Constructivist Approach ◽  
New Approach ◽  
Construction Of Knowledge ◽  
E Learning ◽  
The University ◽  
And Storage

The chapter analyzes the theme of collaboration in scientific research through Web 2.0 IT tools and a constructivist approach to knowledge, learning, and e-learning. It analyzes, in particular, the case of Sulcis CCS Summer School. Organized by ENEA, Sotacarbo, and the University of Cagliari, the school provided information and materials on technological aspects of Carbon Capture and Storage (CCS). This work might become the model for a new approach to education and research thanks to collaborative learning using the LMS Moodle. In this case study, the construction of knowledge moves from a teacher-centered model to one based on a community of practice. This model is naturally a “prototype,” an experiment in progress, that needs to be refined through further experiences.

Sign in / Sign up

Export Citation Format

Share Document