Abstract

Korea’s national carbon capture and storage (CCS) master plan aims to commercialize CCS projects by 2030. Furthermore, the Korean government is forced to reduce emissions from various sectors, including industries and power generation, by 219 million tons by 2030. This study analyzes a few scenarios of Korean CCS projects with a CO2 pipeline transportation network optimization model for minimizing the total facility cost and pipeline cost. Our scenarios are based on the “2030 basic roadmap for reducing greenhouse gases” established by the government. The results for each scenario demonstrate that the effective design and implementation of CO2 pipeline network enables the lowering of CO2 units cost. These suggest that CO2 transportation networks, which connect the capture and sequestration parts, will be more important in the future and can be used to substitute and supplement the emission reduction target in case the execution of other reduction options faces uncertainty. Our mathematical model and scenario designs will be helpful for various countries which plan to introduce CCS technology.

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Original document

The different versions of the original document can be found in:

http://dx.doi.org/10.3390/en10071027 under the license cc-by
https://yonsei.pure.elsevier.com/en/publications/analysis-of-ghg-emission-reduction-in-south-korea-using-a-cosub2s,
https://ideas.repec.org/a/gam/jeners/v10y2017i7p1027-d105248.html,
https://academic.microsoft.com/#/detail/2739363747 under the license https://creativecommons.org/licenses/by/4.0/
https://doaj.org/toc/1996-1073
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Published on 01/01/2017

Volume 2017, 2017
DOI: 10.3390/en10071027
Licence: Other

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