TY - JOUR
T1 - A Sensitivity Analysis of the Global Deployment of CCS to the Cost of Storage and Storage Capacity Estimates
AU - Koelbl, Barbara S.
AU - Van Den Broek, Machteld
AU - Van Ruijven, Bas
AU - Van Vuuren, Detlef P.
AU - Faaij, André P. C.
N1 - Funding Information:
This research was conducted as part of the CATO-2 program. The CATO-2 program is a Dutch research cooperation of about 40 partners dedicated to carbon capture, transport and storage (http://www.co2-cato.nl/). Furthermore, this research was conducted with the support of the Netherlands Environmental Assessment Agency (http://www.pbl.nl/en/). We thank Sebastiaan Deetman and Jasper van Vliet, and the IMAGE team for technical and scientific support.
PY - 2013
Y1 - 2013
N2 - The future deployment of carbon capture and storage (CCS) is uncertain. This may be caused by differences in assumptions about techno-economic parameters such as CO2 storage cost and capacity. How much of the uncertainty in these variables translates into uncertainty in the deployment predictions of CCS is investigated using the TIMER model. Preliminary results show that storage cost variations result in a considerable range of global cumulative CO2 captured until 2050 from electricity production of about 46- 162 GtCO2. Also, the regional impacts of storage costs differ strongly. Decreasing the storage capacity decreases global cumulative capture from power production by only -3 GtCO2 until 2050.
AB - The future deployment of carbon capture and storage (CCS) is uncertain. This may be caused by differences in assumptions about techno-economic parameters such as CO2 storage cost and capacity. How much of the uncertainty in these variables translates into uncertainty in the deployment predictions of CCS is investigated using the TIMER model. Preliminary results show that storage cost variations result in a considerable range of global cumulative CO2 captured until 2050 from electricity production of about 46- 162 GtCO2. Also, the regional impacts of storage costs differ strongly. Decreasing the storage capacity decreases global cumulative capture from power production by only -3 GtCO2 until 2050.
KW - Carbon capture and storage deployment
KW - Sensitivity analysis
KW - Storage capacity
KW - Storage cost
UR - http://www.scopus.com/inward/record.url?scp=84898766568&partnerID=8YFLogxK
U2 - 10.1016/j.egypro.2013.06.697
DO - 10.1016/j.egypro.2013.06.697
M3 - Article
AN - SCOPUS:84898766568
SN - 1876-6102
VL - 37
SP - 7537
EP - 7544
JO - Energy Procedia
JF - Energy Procedia
T2 - 11th International Conference on Greenhouse Gas Control Technologies, GHGT 2012
Y2 - 18 November 2012 through 22 November 2012
ER -