A new optimization model for carbon capture utilization and storage (CCUS) layout based on high-resolution geological variability
Author
Abstract
Suggested Citation
DOI: 10.1016/j.apenergy.2024.123065
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Fan, Jing-Li & Li, Zezheng & Ding, Zixia & Li, Kai & Zhang, Xian, 2023. "Investment decisions on carbon capture utilization and storage retrofit of Chinese coal-fired power plants based on real option and source-sink matching models," Energy Economics, Elsevier, vol. 126(C).
- Zhang, Xian & Wang, Xingwei & Chen, Jiajun & Xie, Xi & Wang, Ke & Wei, Yiming, 2014. "A novel modeling based real option approach for CCS investment evaluation under multiple uncertainties," Applied Energy, Elsevier, vol. 113(C), pages 1059-1067.
- Argote, L. & Epple, D., 1990. "Learning Curves In Manufacturing," GSIA Working Papers 89-90-02, Carnegie Mellon University, Tepper School of Business.
- Jing-Li Fan & Jingying Fu & Xian Zhang & Kai Li & Wenlong Zhou & Klaus Hubacek & Johannes Urpelainen & Shuo Shen & Shiyan Chang & Siyue Guo & Xi Lu, 2023. "Co-firing plants with retrofitted carbon capture and storage for power-sector emissions mitigation," Nature Climate Change, Nature, vol. 13(8), pages 807-815, August.
- Asian Development Bank (ADB) & Asian Development Bank (ADB) & Asian Development Bank (ADB) & Asian Development Bank (ADB), 2015. "Roadmap for Carbon Capture and Storage Demonstration and Deployment in the People’s Republic of China," ADB Reports RPT157521-2, Asian Development Bank (ADB).
- Chen, Ruoran & Deng, Tianhu & Huang, Simin & Qin, Ruwen, 2015. "Optimal crude oil procurement under fluctuating price in an oil refinery," European Journal of Operational Research, Elsevier, vol. 245(2), pages 438-445.
- Liu, Jiangfeng & Zhang, Qi & Li, Hailong & Chen, Siyuan & Teng, Fei, 2022. "Investment decision on carbon capture and utilization (CCU) technologies—A real option model based on technology learning effect," Applied Energy, Elsevier, vol. 322(C).
- Parker, Nathan, 2004. "Using Natural Gas Transmission Pipeline Costs to Estimate Hydrogen Pipeline Costs," Institute of Transportation Studies, Working Paper Series qt2gk0j8kq, Institute of Transportation Studies, UC Davis.
- Chen, Siyuan & Liu, Jiangfeng & Zhang, Qi & Teng, Fei & McLellan, Benjamin C., 2022. "A critical review on deployment planning and risk analysis of carbon capture, utilization, and storage (CCUS) toward carbon neutrality," Renewable and Sustainable Energy Reviews, Elsevier, vol. 167(C).
- Guedes, José & Santos, Pedro, 2016. "Valuing an offshore oil exploration and production project through real options analysis," Energy Economics, Elsevier, vol. 60(C), pages 377-386.
- Postali, Fernando A.S. & Picchetti, Paulo, 2006. "Geometric Brownian Motion and structural breaks in oil prices: A quantitative analysis," Energy Economics, Elsevier, vol. 28(4), pages 506-522, July.
- Sun, Liang & Chen, Wenying, 2017. "Development and application of a multi-stage CCUS source–sink matching model," Applied Energy, Elsevier, vol. 185(P2), pages 1424-1432.
- Parker, Nathan, 2004. "Using Natural Gas Transmission Pipeline Costs to Estimate Hydrogen Pipeline Costs," Institute of Transportation Studies, Working Paper Series qt9m40m75r, Institute of Transportation Studies, UC Davis.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Sven Gruber & Klemen Rola & Darko Goričanec & Danijela Urbancl, 2024. "Fully Integrated Hybrid Solid Oxide Fuel Cell–Rankine Cycle System with Carbon Capture, Utilisation, and Storage for Sustainable Combined Heat and Power Production," Sustainability, MDPI, vol. 16(11), pages 1-29, May.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Liu, Jiangfeng & Zhang, Qi & Li, Hailong & Chen, Siyuan & Teng, Fei, 2022. "Investment decision on carbon capture and utilization (CCU) technologies—A real option model based on technology learning effect," Applied Energy, Elsevier, vol. 322(C).
- Li, Zezheng & Yu, Pengwei & Xian, Yujiao & Fan, Jing-Li, 2024. "Investment benefit analysis of coal-to-hydrogen coupled CCS technology in China based on real option approach," Energy, Elsevier, vol. 294(C).
- Olateju, Babatunde & Kumar, Amit, 2013. "Techno-economic assessment of hydrogen production from underground coal gasification (UCG) in Western Canada with carbon capture and sequestration (CCS) for upgrading bitumen from oil sands," Applied Energy, Elsevier, vol. 111(C), pages 428-440.
- Lin, Zhenhong & Fan, Yueyue & Ogden, Joan M & Chen, Chien-Wei, 2008. "Optimized Pathways for Regional H2 Infrastructure Transitions: A Case Study for Southern California," Institute of Transportation Studies, Working Paper Series qt9mk5n8jn, Institute of Transportation Studies, UC Davis.
- Hamidzadeh, Zeinab & Sattari, Sourena & Soltanieh, Mohammad & Vatani, Ali, 2020. "Development of a multi-objective decision-making model to recover flare gases in a multi flare gases zone," Energy, Elsevier, vol. 203(C).
- Nhuchhen, Daya R. & Sit, Song P. & Layzell, David B., 2022. "Decarbonization of cement production in a hydrogen economy," Applied Energy, Elsevier, vol. 317(C).
- Myers Jaffe , Amy & Dominguez-Faus , Rosa & Ogden, Joan & Parker, Nathan C. & Scheitrum , Daniel & McDonald, Zane & Fan , Yueyue & Durbin , Tom & Karavalakis, George & Wilcock, Justin & Miller , Marsh, 2017. "The Potential to Build Current Natural Gas Infrastructure to Accommodate the Future Conversion to Near-Zero Transportation Technology," Institute of Transportation Studies, Working Paper Series qt2tp3n5pm, Institute of Transportation Studies, UC Davis.
- Parker, Nathan C, 2007. "Optimizing the Design of Biomass Hydrogen Supply Chains Using Real-World Spatial Distributions: A Case Study Using California Rice Straw," Institute of Transportation Studies, Working Paper Series qt8sp9n37c, Institute of Transportation Studies, UC Davis.
- Fan, Jing-Li & Li, Zezheng & Ding, Zixia & Li, Kai & Zhang, Xian, 2023. "Investment decisions on carbon capture utilization and storage retrofit of Chinese coal-fired power plants based on real option and source-sink matching models," Energy Economics, Elsevier, vol. 126(C).
- Tan, Zhizhou & Zeng, Xianhai & Lin, Boqiang, 2023. "How do multiple policy incentives influence investors’ decisions on biomass co-firing combined with carbon capture and storage retrofit projects for coal-fired power plants?," Energy, Elsevier, vol. 278(PB).
- Bo Sun & Jiajia Tao, 2024. "Investment Decisions of CCUS Projects in China Considering the Supply–Demand Relationship of CO 2 from the Industry Symbiosis Perspective," Sustainability, MDPI, vol. 16(12), pages 1-25, June.
- Jarvis, Sean M. & Samsatli, Sheila, 2018. "Technologies and infrastructures underpinning future CO2 value chains: A comprehensive review and comparative analysis," Renewable and Sustainable Energy Reviews, Elsevier, vol. 85(C), pages 46-68.
- Gordon, Joel A. & Balta-Ozkan, Nazmiye & Nabavi, Seyed Ali, 2023. "Socio-technical barriers to domestic hydrogen futures: Repurposing pipelines, policies, and public perceptions," Applied Energy, Elsevier, vol. 336(C).
- McCollum, David L & Ogden, Joan M, 2006. "Techno-Economic Models for Carbon Dioxide Compression, Transport, and Storage & Correlations for Estimating Carbon Dioxide Density and Viscosity," Institute of Transportation Studies, Working Paper Series qt1zg00532, Institute of Transportation Studies, UC Davis.
- Tarufelli, Brittany & Snyder, Brian & Dismukes, David, 2021. "The Potential Impact of the U.S. Carbon Capture and Storage Tax Credit Expansion on the Economic Feasibility of Industrial Carbon Capture and Storage," Energy Policy, Elsevier, vol. 149(C).
- Olateju, Babatunde & Kumar, Amit, 2016. "A techno-economic assessment of hydrogen production from hydropower in Western Canada for the upgrading of bitumen from oil sands," Energy, Elsevier, vol. 115(P1), pages 604-614.
- Jiaquan Li & Yunbing Hou & Pengtao Wang & Bo Yang, 2018. "A Review of Carbon Capture and Storage Project Investment and Operational Decision-Making Based on Bibliometrics," Energies, MDPI, vol. 12(1), pages 1-22, December.
- Lei Zhu & Xing Yao & Xian Zhang, 2020. "Evaluation of cooperative mitigation: captured carbon dioxide for enhanced oil recovery," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 25(7), pages 1261-1285, October.
- Samsatli, Sheila & Samsatli, Nouri J., 2019. "The role of renewable hydrogen and inter-seasonal storage in decarbonising heat – Comprehensive optimisation of future renewable energy value chains," Applied Energy, Elsevier, vol. 233, pages 854-893.
- Sinha, Rakesh Kumar & Chaturvedi, Nitin Dutt, 2019. "A review on carbon emission reduction in industries and planning emission limits," Renewable and Sustainable Energy Reviews, Elsevier, vol. 114(C), pages 1-1.
More about this item
Keywords
Carbon capture utilization and storage (CCUS); Layout optimization; High-resolution; Geological variability;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:appene:v:363:y:2024:i:c:s0306261924004483. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/wps/find/journaldescription.cws_home/405891/description#description .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.