Geocapacity: economic feasibility of CCS in networked systems

Abstract

Decision Support System (DSS) has been developed to evaluate the technical and economical feasibility of CO2 storage in the subsurface. The DSS performs a detailed, stochastic analysis of the technical and economical aspects of a CCS project, which consists of any number of CO2 sources and sinks plus the connecting pipeline network. The DSS uses the database of CO2 emission points and storage locations in Europe that has been compiled in the EU Geocapacity project. The system is a combination of an internet application, which visualises the database and allows the user to select sources and sinks and create a pipeline network, and an application to be run on a local computer, which performs a stochastic analysis of the costs of a CO2 capture, transport and storage system. The DSS provides not only an estimate of the total CCS cost, but also an analysis of the elements in the CCS chain (capture, compression, transport and storage), enabling a feasibility analysis on several levels. © 2009 Elsevier Ltd. All rights reserved.

Original document

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