Measurement, reporting and verification and accounting for carbon dioxide removal in the context of both project-based approaches and national greenhouse gas inventories
- 15 October 2024
- Industry Insights
- Policy & Regulation
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Discover the latest advances carbon capture and storage research
This report is a focused review of recent developments regarding insurance coverage for carbon dioxide (CO₂) geological storage projects. It seeks to address the following: what companies are offering or planning to offer insurance to CO₂ storage projects, what is the scope and duration of the coverage offered, and does coverage extend to the transportation of CO₂ to the project site? This work and report was prepared by Franz Hiebert.
This study was undertaken on behalf of IEAGHG by Foresight Transitions Ltd. While a technology may be technically mature, it has become increasingly clear that the technology may not necessarily be considered commercially ‘bankable’ by investors. In this study, the potential for an index or indices to provide that confidence was explored. The findings from the study will be of interest to the broader energy community but, in particular, should benefit technology developers, CCUS end users, investors and policymakers.
The driver behind this study is to develop a report built on the on the previous IEAGHG report on methods of leakage mitigation (2007/11). The proposed study should focus on current mitigation and remediation methods that may be applied or considered in site specific conditions in the event of unpredicted CO₂ migration. Each geological storage site will have an adaptive site specific monitoring plan, based on a risk assessment. Detection of a significant irregularity may involve supplementing the monitoring program, in order to detect a possible leak and if necessary engaging mitigation measures.
This technical review provides an insight into how the focus of research in the field of Carbon Capture, Utilisation and Storage (CCUS) has evolved across a decade, from 2012–2022. It is designed to help understand where the most research has been conducted, and to see where CCUS research is going.
IEAGHG has commissioned several technical studies linked to large CCS projects1. Although constructability and operational challenges have been identified in previous IEAGHG reports, some aspects were unique due to the locations where the large CCS projects were implemented. These included the status of the initial facilities and other techno-economic and financial aspects of the specific CCUS projects. IEAGHG identified the need to provide a guide on constructability and operation for new CCS users. The objective of this study is to collect information from CCS projects to support the decisions during the transition from the planning to the execution phase. This study analysed a complete list of large CCUS projects from which relevant experience could be extracted. The projects were divided into three categories: operating projects; under construction or at advanced development; and cancelled projects. Based on the analysed projects, this study has delivered an assessment of potential key areas for success, and a decision tool guide for future projects
The purpose of IAMs is to quantify the interactions and trade-offs between societal demands for energy, economic and environmental services, using a systems approach. These systems are typically the energy system, the economy, the earth-land system, the water system and atmospheric climate system, although every IAM does not necessarily include all these systems and have varying
This report investigates a unique combination of these industry drivers on the historic, current and future status of the petrochemical industry to gain insight into the sustainability of petrochemicals. Three categories of petrochemicals are subject to analysis, namely methanol, olefins and ammonia/urea. For each of these petrochemicals, the following series of studies are formed and analysed in aggregate to gain insight in to the sustainability prospects of the industry:<!-- wp:acf/columns {"name":"acf/columns","data":{"padding_top":"1","_padding_top":"field_columns_fields_padding_top","padding_bottom":"1","_padding_bottom":"field_columns_fields_padding_bottom","margin_top":"0","_margin_top":"field_columns_fields_margin_top","margin_bottom":"0","_margin_bottom":"field_columns_fields_margin_bottom"},"mode":"preview"} --> <!-- wp:acf/column-content {"name":"acf/column-content","mode":"preview"} --> <!-- wp:list --><ul><!-- wp:list-item --><!-- wp:list-item --><li>An assessment of the historic and current status of market trade, including trends in end-uses, feedstocks, demand, production and international trade. Demand projections for each chemical are made based on collected data.</li><!-- /wp:list-item --><!-- /wp:list-item --> <!-- wp:list-item --><!-- wp:list-item --><li>Process engineering characterisation of the current and low carbon alternative routes and feedstocks to produce the key petrochemical productions.</li><!-- /wp:list-item --><!-- /wp:list-item --> <!-- wp:list-item --><!-- wp:list-item --><li>Environmental life cycle assessment of the various feedstocks and production methods for each petrochemical and a contribution analysis of the key environmental impacts.</li><!-- /wp:list-item --><!-- /wp:list-item --> <!-- wp:list-item --><!-- wp:list-item --><li>Market projection of petrochemical production and technology mixes for a key region China, for the time period 2010 – 2050.</li><!-- /wp:list-item --><!-- /wp:list-item --> <!-- wp:list-item --><!-- wp:list-item --><li>A series of expert stakeholder interviews on views of how the petrochemical industry may progress in terms of demand, costs, environmental impacts and policy drivers.</li><!-- /wp:list-item --><!-- /wp:list-item --></ul><!-- /wp:list --> <!-- /wp:acf/column-content --> <!-- /wp:acf/columns -->
In April 2013, the first commercial-scale, steam methane reformer hydrogen production facility incorporating vacuum-swing adsorption carbon capture gas separation technology began full-scale operation at Air Products’ facilities located on the site of the Valero Port Arthur Refinery in Texas, USA. This report summarizes the experience of Air Products and its partners that will provide valuable insights to other petroleum refining and petrochemical industrial facilities that wish to reduce their lifecycle greenhouse gas emissions through CCUS.
It is widely considered that deployment of carbon capture and storage (CCS) for clusters of energy intensive industries (EIIs) will become vital for meeting long-term greenhouse gas (GHG) reduction targets, and is a cost effective way for doing so, according to organisations such as the International Energy Agency (IEA) and Intergovernmental Panel on Climate Change (IPCC). In addition, it will be important to develop the related finance mechanism quickly to prevent carbon leakage, i.e. businesses transferring operations to places with less stringent GHG emission standards. Recent evidence highlights there might be different needs and challenges in deployment of industrial clusters, compared to those involving power generation. IEAGHG’s Technical Report 2015/03 “Carbon capture and storage cluster projects: review and future opportunities” reviews 12 CCS cluster projects and finds that the most successful clusters are currently based on CO₂-EOR in North America. This is to be expected as EOR provides a commercial benefit to investors in such activities.Further requirements for ICCS clusters include: generating confidence for per-investment in CCS infrastructure, new methods to attract international investment and systematic development of CCS cluster business plans. However, more information is necessary regarding the transferability of conclusions for CCS clusters based on power generation incentives, such as a UK Contract for Difference (CfD), to those involving multiple industry sectors, and especially EIIs.This study examines the economic and commercial arrangements needed to enable the global deployment of industrial CCS clusters. Over a period of eight months, with significant input from stakeholders from industry, government and the investment community, the project has identified the key enablers to unlock private investment in ICCS and developed four business models, which are expected to work in various regions around the world including North America, Europe, Australia and China.
This technical review has been undertaken with the aim of providing a summary of the current status of research into greenhouse gas emissions in the natural gas supply chain. Although 90% or more of the CO<sub>2</sub> produced at gas fired power plants can be captured, emissions from the supply chain may reduce the near-zero-emission image of gas as an energy source. Emissions are predominantly from two sources: <ol> <!-- wp:list-item --><!-- wp:list-item --><li>Methane emissions during production and also fugitive emissions during transport.</li><!-- /wp:list-item --><!-- /wp:list-item --> <!-- wp:list-item --><!-- wp:list-item --><li>CO<sub>2</sub> emissions from gas production installations, gas purification plants, pipeline compressors, LNG liquefaction plants, ships and receiving terminals.</li><!-- /wp:list-item --><!-- /wp:list-item --> </ol>
The main purpose of the study was to evaluate the cost of retrofitting CO₂ capture in a range of refinery types typical of those found in Europe. These included bo0th simple and high complexity refineries covering typical European refinery capacities from 100,000 to 350,000 bbl/d. The assessments performed in this report focused on retrofit costs including modifications in the refineries, interconnections, and additional CHP and utility facilities. The main focus of the study was on CO₂ capture from refinery Base Case 4, which was considered to be the most relevant reference for existing European refineries of interest for CO₂ capture retrofit. Considering the large number of cases (16) and their complexity, a hybrid methodology is used to evaluate the cost of the sections (CO₂ capture and compression, utilities, and interconnecting) of the concept. In this approach, four of the 16 capture cases were selected to represent a wide range of CO₂ capture capacity and flue gas CO₂ content. In each case, detailed assessments were undertaken. These detailed cost assessments form, based on subsequent scaling, the basis for the assessment of the other cases. The scaling equations have a larger purpose in that they can be used by refineries/policy experts to evaluate capital costs of retrofitting CO₂ capture to refineries of interest.
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