2019
DOI: 10.1016/j.rser.2019.109280
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Risk management optimization framework for the optimal deployment of carbon capture and storage system under uncertainty

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Cited by 32 publications
(12 citation statements)
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“…Carbon capture and storage (CCS) is one option to reduce the CO 2 from emissions. There is growing interest and investment, but there are uncertainties with respect to adapted technologies, engineering performance, and natural hazards [165]. The U.S. Department of Energy, National Energy Technology Laboratory, has developed many applications of RS technologies to monitor storage operations, including SRS, ARS (LiDAR), and USV [128] to assess CCS.…”
Section: Carbon Capture and Storagementioning
confidence: 99%
“…Carbon capture and storage (CCS) is one option to reduce the CO 2 from emissions. There is growing interest and investment, but there are uncertainties with respect to adapted technologies, engineering performance, and natural hazards [165]. The U.S. Department of Energy, National Energy Technology Laboratory, has developed many applications of RS technologies to monitor storage operations, including SRS, ARS (LiDAR), and USV [128] to assess CCS.…”
Section: Carbon Capture and Storagementioning
confidence: 99%
“…Each scenario is multiplied by scenario probability of occurrence [65]. The probability is obtained considering that the random production costs have a discrete normal probability distribution with a defined number of realizations sampled randomly using Monte Carlo method [42,52,66]. Real data about these parameters are not present, thus this method is suggested.…”
Section: Objective Functionmentioning
confidence: 99%
“…Their results show that uncertainties may be significant in the design of carbon frameworks. A multi-objective optimization based on a stochastic model was suggested by Zhang et al [42] for a CCS supply chain in northeast China, where carbon tax is the variable parameter. Economic and risk objective functions are considered.…”
Section: Introductionmentioning
confidence: 99%
“…Between 2015 and 2040, atmospheric CO 2 emissions are projected to grow at a yearly average rate of 0.6%. To mitigate the global mean temperature rise, the Paris Climate Agreement was set to limit the increase in temperature to a maximum of 2 • C compared to the pre-industrial level (Zhang et al, 2019). Therefore global efforts need to be set in practice, and this will involve the effective use of renewable fossil fuels substitutes, such as biomethane (bio CH 4 ) upgraded from biogas (Lapa et al, 2017;Surra et al, 2019), as well as the stabilization of atmospheric CO 2 concentrations at 450 ppm, which can be achieved through the carbon capture and storage (CCS) of 120-160 GtCO 2 up to 2050 (Dowell et al, 2017).…”
Section: Introductionmentioning
confidence: 99%