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Preliminary assessment of CO2 transport and storage costs of promising source-sink matching scenarios in Guangdong province, China
Bai, B; Li, XC; Yuan, YP; Zhou, D; Li, PC; bai_bing2@126.com
2014
Source PublicationACTA GEOTECHNICA
ISSN1861-1125
Volume9Issue:1Pages:115-126
AbstractGuangdong is the most economically developed province in China, which is a large CO2 emitter and hence is faced with severe carbon reduction pressures. In this paper, a cost assessment methodology based on scenario analysis is presented. A CO2 source and sink database was built at Guangdong after detailed investigations on the point sources and sedimentary basins. Fifteen transport and five storage scenarios were defined and studied, respectively. Cost estimates based on these scenarios show that during its lifetime, the costs of both transport and storage depend on the amount of CO2 processed. More CO2 being processed will bring down the unit costs of both transport and storage. However, it was observed that there is a cost inflection point between the storage amount of 35.2 and 52.8 Mt/year, which means that as the storage amount increases, the storage cost will first decrease and then increase. Source region S1 in Guangdong has been recommended for an early chance of CO2 storage. Preliminary cost comparisons have shown that the results presented in this study are reasonable, but to improve the cost assessment accuracy of offshore CO2 storage, a methodology based on a CO2 storage design that can integrate local prices needs to be further developed.
Department[Bai, Bing ; Li, Xiaochun ; Yuan, Yuping] Chinese Acad Sci, Inst Rock & Soil Mech, State Key Lab Geomech & Geotech Engn, Wuhan 430071, Peoples R China ; [Zhou, Di ; Li, Pengchun] Chinese Acad Sci, CAS Key Lab Marginal Sea Geol, South China Sea Inst Oceanol, Guangzhou, Guangdong, Peoples R China
KeywordCo2 Transport And Storage Costs Guangdong Province China Promising Source-sink Matching Scenarios
Subject AreaEngineering
Funding OrganizationUK Foreign and Commonwealth Office (FCO); Global Carbon Capture and Storage Institute (GCCSI) through the Guangdong CCS Readiness Project (GDCCSR) ; UK Foreign and Commonwealth Office (FCO); Global Carbon Capture and Storage Institute (GCCSI) through the Guangdong CCS Readiness Project (GDCCSR) ; UK Foreign and Commonwealth Office (FCO); Global Carbon Capture and Storage Institute (GCCSI) through the Guangdong CCS Readiness Project (GDCCSR) ; UK Foreign and Commonwealth Office (FCO); Global Carbon Capture and Storage Institute (GCCSI) through the Guangdong CCS Readiness Project (GDCCSR)
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Indexed Bysci
Funding Project海洋地质
Funding OrganizationUK Foreign and Commonwealth Office (FCO); Global Carbon Capture and Storage Institute (GCCSI) through the Guangdong CCS Readiness Project (GDCCSR) ; UK Foreign and Commonwealth Office (FCO); Global Carbon Capture and Storage Institute (GCCSI) through the Guangdong CCS Readiness Project (GDCCSR) ; UK Foreign and Commonwealth Office (FCO); Global Carbon Capture and Storage Institute (GCCSI) through the Guangdong CCS Readiness Project (GDCCSR) ; UK Foreign and Commonwealth Office (FCO); Global Carbon Capture and Storage Institute (GCCSI) through the Guangdong CCS Readiness Project (GDCCSR)
WOS IDWOS:000330953800012
Citation statistics
Document Type期刊论文
Identifierhttp://ir.scsio.ac.cn/handle/344004/10653
Collection中科院边缘海地质重点实验室
Corresponding Authorbai_bing2@126.com
Recommended Citation
GB/T 7714
Bai, B,Li, XC,Yuan, YP,et al. Preliminary assessment of CO2 transport and storage costs of promising source-sink matching scenarios in Guangdong province, China[J]. ACTA GEOTECHNICA,2014,9(1):115-126.
APA Bai, B,Li, XC,Yuan, YP,Zhou, D,Li, PC,&bai_bing2@126.com.(2014).Preliminary assessment of CO2 transport and storage costs of promising source-sink matching scenarios in Guangdong province, China.ACTA GEOTECHNICA,9(1),115-126.
MLA Bai, B,et al."Preliminary assessment of CO2 transport and storage costs of promising source-sink matching scenarios in Guangdong province, China".ACTA GEOTECHNICA 9.1(2014):115-126.
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