The cost of CO2 transport and storage in global integrated assessment modeling

Smith, Erin; Morris, Jennifer; Kheshgi, Haroon S.; Teletzke, Gary F.; Herzog, Howard J.; Paltsev, Sergey

doi:10.1016/j.ijggc.2021.103367

Cited by 125 publications

(44 citation statements)

References 13 publications

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“…(VIII) For cases with CO 2 capture and storage, it was assumed that geological sites were within 100 km from the mining facility, 64 and costs for CO 2 storage and transport were considered in the analysis. 65 (IX) The purchase price of electricity for all US states was taken as hourly monthly average values and collected from EIA. 44 The power grid composition was taken as constant.…”

Section: Economic Assessmentmentioning

confidence: 99%

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Mining bitcoins with carbon capture and renewable energy for carbon neutrality across states in the USA

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Section: Economic Assessmentmentioning

confidence: 99%

Section: Case Study and System Descriptionmentioning

confidence: 99%

Mining bitcoins with carbon capture and renewable energy for carbon neutrality across states in the USA

Niaz

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et al. 2022

Energy Environ. Sci.

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“…The transportation process entails extra costs and energy, and emits a considerable amount of CO2 itself which undermines the strategy's intent. To put in perspective, approximately $88.90/tCO2 is required to transport 1 million tonnes per annum of CO2 (MtpaCO2) over 500 miles while it "assumes extra monitoring requirements for CO2 storage" [69]. In addition, an increase in energy and resource consumption can be observed through the construction and operation of such facilities, bringing further concerns both economically and environmentally to the surface.…”

Section: Geologic Reservoir Sequestrationmentioning

confidence: 99%

Avoiding the “Great Filter”: An Assessment of Climate Change Solutions and Combinations for Effective Implementation

Zhang¹,

Zhang²,

Zhang³

et al. 2022

Preprint

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Climate change is the long-term shift in global weather patterns, largely caused by anthropogenic activity of greenhouse gas emissions. Global climate temperatures have unmistakably risen and naturally-occurring climate variability alone cannot account for this trend. Human activities are estimated to have caused about 1.0 °C of global warming above the pre-industrial baseline and if left unchecked, will continue to drastically damage the Earth and its inhabitants. Globally, natural disasters and subsequent economic losses have become increasingly impactful as a result of climate change. Both wildlife ecosystems and human habitats have been negatively impacted, from rising sea levels to alarming frequency of severe weather events around the world. Attempts towards alleviating the effects of global warming have often been at odds and remain divided among a multitude of strategies, reducing the overall effectiveness of these efforts. It is evident that collaborative action is required for avoiding the most severe consequences of climate change. This paper evaluates the main strategies (industrial/energy, political, economic, agricultural, atmospheric, geological, coastal, and social) towards both mitigating and adapting to climate change. As well, it provides an optimal combination of seven solutions which can be implemented simultaneously, working in tandem to limit and otherwise accommodate the harmful effects of climate change. Previous legislation and deployment techniques are also discussed as guides for future endeavors.

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“…This information is difficult to collect globally and implement in an energy model. In TIAM-FR, the costs of CO2 transport and storage are taken from Smith et al [21] in the base case, although those will be modified later in the study.…”

Section: The Modeling Of Ccs and Ccumentioning

confidence: 99%

“…Because CCU does not require specific investments for the transport -and storage -of CO2, it may become more competitive than CCS for high costs of transport and storage. Generally, in energy models, the cost of CO2 transport and storage is merely represented through a standard cost of 10 $/tCO2 [20], while studies show it can exceed 60 $/tCO2 [21,22]. Thus, we explore the sensitivity of CCU roll-out to the costs of CO2 transport and storage.…”

Section: Introductionmentioning

confidence: 99%

Trade-off between CO2 utilization and CO2 transport and storage in the global energy transition

Desport

Selosse

2022

SSRN Journal

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The cost of CO2 transport and storage in global integrated assessment modeling

Cited by 125 publications

References 13 publications

Mining bitcoins with carbon capture and renewable energy for carbon neutrality across states in the USA

Mining bitcoins with carbon capture and renewable energy for carbon neutrality across states in the USA

Avoiding the “Great Filter”: An Assessment of Climate Change Solutions and Combinations for Effective Implementation

Trade-off between CO2 utilization and CO2 transport and storage in the global energy transition

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