Evaluation of Technology and Policy Issues Associated with the Storage of Carbon Dioxide via Enhanced Oil Recovery in Determining the Potential for Carbon Negative Oil

Godec, Michael; Carpenter, Steven M.; Coddington, Kipp

doi:10.1016/j.egypro.2017.03.1795

Cited by 15 publications

(7 citation statements)

References 11 publications

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“…Moreover, it is already incentivized by tax breaks in the USA (Bennett and Stanley 2018). There is typically more carbon in the additional oil recovered from EOR than stored (Godec et al 2011, Armstrong and Styring 2015, Godec et al 2017) and on average, EOR may even increase the GHG intensity of oil production (Masnadi and Brandt 2017).…”

Section: Type 2: Reboundsmentioning

confidence: 99%

Quantifying the potential scale of mitigation deterrence from greenhouse gas removal techniques

McLaren

2020

Climatic Change

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Greenhouse gas removal (GGR) techniques appear to offer hopes of balancing limited global carbon budgets by removing substantial amounts of greenhouse gases from the atmosphere later this century. This hope rests on an assumption that GGR will largely supplement emissions reduction. The paper reviews the expectations of GGR implied by integrated assessment modelling, categorizes ways in which delivery or promises of GGR might instead deter or delay emissions reduction, and offers a preliminary estimate of the possible extent of three such forms of ‘mitigation deterrence’. Type 1 is described as ‘substitution and failure’: an estimated 50–229 Gt-C (or 70% of expected GGR) may substitute for emissions otherwise reduced, yet may not be delivered (as a result of political, economic or technical shortcomings, or subsequent leakage or diversion of captured carbon into short-term utilization). Type 2, described as ‘rebounds’, encompasses rebounds, multipliers, and side-effects, such as those arising from land-use change, or use of captured CO2 in enhanced oil recovery. A partial estimate suggests that this could add 25–134 Gt-C to unabated emissions. Type 3, described as ‘imagined offsets’, is estimated to affect 17–27% of the emissions reductions required, reducing abatement by a further 182–297 Gt-C. The combined effect of these unanticipated net additions of CO2 to the atmosphere is equivalent to an additional temperature rise of up to 1.4 °C. The paper concludes that such a risk merits further deeper analysis and serious consideration of measures which might limit the occurrence and extent of mitigation deterrence.

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Section: Type 2: Reboundsmentioning

confidence: 99%

Quantifying the potential scale of mitigation deterrence from greenhouse gas removal techniques

McLaren

2020

Climatic Change

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“…The term negative emissions is also sometimes used to refer to CCS applied to fossil fuels, particularly in papers within the field of enhanced oil recovery (EOR). 28,29,30 In EOR, CO 2 is used to extract otherwise unrecoverable oil from otherwise depleted oil fields. Some EOR studies label the balance of CO 2 (CO 2 trapped in the geological formation minus CO 2 released when oil is combusted) negative emissions, regardless of the origin of the CO 2 , which, in most cases, is either extracted from natural formations or from the flue gas from the combustion of fossil fuels.…”

Section: Avoided Emissions and Enhanced Oil Recoverymentioning

confidence: 99%

When are negative emissions negative emissions?

Tanzer

Ramírez

2019

Energy Environ. Sci.

161

118

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“…1 -3 HCPV), but are within range of those considered for optimizing oil production with CO 2 storage for CCUS. 10,13,14,43 The economic and regulatory issues impacting CO 2 capture costs and deployment for power plants are also key factors in determining whether an EOR operator will pursue CO 2 storage. 44,45,46,47 The potential regulatory costs and credits associated with having a dedicated CO 2 storage component during EOR operations are included in the assessment.…”

Section: Co 2 -Eor Techno-economic Modelmentioning

confidence: 99%

“…Although the 45Q tax law states the CO 2 storage credit goes to the capture facility, for the purposes of this integrated assessment, the tax credit is applied to the CO 2 -EOR operation along with the additional costs of CO 2 storage verification, accounting, and lifecycle greenhouse gas emissions analysis required to receive the credit. 13,25 Capture plant, pipeline, and well site/CO 2 recycling plant construction are assumed to begin in 2022 and the entire CCUS operation begins in 2025. All scenarios are modeled over a thirty-year analysis time frame.…”

Section: Economic Analysis Metrics and Feasibility Criteriamentioning

confidence: 99%

“…Several recent techno-economic studies have addressed at least one component of a CCUS project, such as CO 2 capture from power generation 1,6,7,8 or CO 2 utilization and storage via EOR. 9,10,11,12,13 Fewer studies have been conducted to address the system-wide performance and costs of a fully integrated CCUS project that includes CO 2 capture, transport, and CO 2 -EORstorage, 14,15 and like many of the existing CO 2 -EOR studies, these integrated assessments are largely focused on CCUS scenarios in major oil producing areas of the U.S. such as the Gulf of Mexico and Texas.…”

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confidence: 99%

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Techno‐economic assessment of carbon capture, utilization and storage for coal‐fired power generation, and CO₂‐enhanced oil recovery in the USA: an Ohio case study

et al. 2019

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The economic feasibility of CO 2 -enhanced oil recovery (EOR) to offset CO 2 capture costs from a coal-fired power plant are evaluated for thirty-six source-sink scenarios in Ohio; one of the top ten states for fossil fuel use and CO 2 emissions in the United States. Six capture scenarios are examined for a representative 550-megawatt (MW) coal-fired power plant, and three CO 2 -EOR injection scenarios are evaluated for both the East Canton oil field (ECOF) and Gore Consolidated oil field (GCOF). The potential costs and credits associated with CO 2 storage-related tax incentives are also considered. Power plant capture performance and costs integrated with field-scale CO 2 -EOR technoeconomics suggest there are potentially feasible scenarios for capture, transport, and CO 2 -EORstorage of 25%, 50%, and 90% of CO 2 emissions from a 550 MW power plant. Economically feasible outcomes exhibiting net present values (NPV) of $2,191, $1,380, and $1,940 million are estimated for the 25%, 50%, and 90%, capture scenarios, respectively. On average, the 45Q tax credit for CO 2 storage affords a $3 to $7 per barrel decrease in the minimum oil price required to break-even on the project. In all source-sink scenarios qualifying as feasible, the CO 2 capture costs incurred by the power plant are offset by revenue from CO 2 -EOR and are not passed on to ratepayers during the thirty-year analysis time frame. The most economical outcome for supporting a commercial carbon, capture, utilization and storage (CCUS) project in Ohio is also identified, and the potential impact of CO 2 -EOR operational strategy on source-sink feasibility is discussed.

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Evaluation of Technology and Policy Issues Associated with the Storage of Carbon Dioxide via Enhanced Oil Recovery in Determining the Potential for Carbon Negative Oil

Cited by 15 publications

References 11 publications

Quantifying the potential scale of mitigation deterrence from greenhouse gas removal techniques

Quantifying the potential scale of mitigation deterrence from greenhouse gas removal techniques

When are negative emissions negative emissions?

Techno‐economic assessment of carbon capture, utilization and storage for coal‐fired power generation, and CO₂‐enhanced oil recovery in the USA: an Ohio case study

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Evaluation of Technology and Policy Issues Associated with the Storage of Carbon Dioxide via Enhanced Oil Recovery in Determining the Potential for Carbon Negative Oil

Cited by 15 publications

References 11 publications

Quantifying the potential scale of mitigation deterrence from greenhouse gas removal techniques

Quantifying the potential scale of mitigation deterrence from greenhouse gas removal techniques

When are negative emissions negative emissions?

Techno‐economic assessment of carbon capture, utilization and storage for coal‐fired power generation, and CO2‐enhanced oil recovery in the USA: an Ohio case study

Contact Info

Product

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About

Techno‐economic assessment of carbon capture, utilization and storage for coal‐fired power generation, and CO₂‐enhanced oil recovery in the USA: an Ohio case study