Towards improved cost evaluation of Carbon Capture and Storage from industry

Roussanaly, Simon; Berghout, Niels; Tim, Fout,; García, Mónica; Garðarsdóttir, Stefanía Ósk; Nazir, Shareq Mohd; Ramírez, Andrea; Rubin, Edward S.

doi:10.1016/j.ijggc.2021.103263

Cited by 105 publications

(51 citation statements)

References 44 publications

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“…25,34 For the electricity consumed, we also accounted for the specific direct emissions of 38 kg CO 2 per MWh based on the assumption that the electricity consumed by the PVSA is supplied through a deeply decarbonised power system based on a fossil-based power plant with CCS and renewables. 25 As indirect CO 2 emissions associated with electricity consumption increase the CO 2 avoidance cost 35 , the premise of a deeply decarbonised power system is consistent with the search for the cost limit. Since the source of electricity generation and its characteristics depends on several parameters such as plant location and electricity mix, we conducted an optimisation study with alternative scenarios to investigate the impact on PVSA cost limits.…”

Section: Comparison With Mea Absorptionmentioning

confidence: 87%

How much can novel solid sorbents reduce the cost of post-combustion CO2 capture? A techno-economic investigation on the cost limits of pressure-vacuum swing adsorption

Rajendran

Subraveti

Roussanaly

et al. 2021

Preprint

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This paper focuses on identifying the cost limits of two single-stage pressure-vacuum swing adsorption (PVSA) cycles for post-combustion CO 2 capture if the "ideal" zerocost adsorbent can be discovered. Through an integrated techno-economic optimisation, we simultaneously optimise the adsorbent properties (adsorption isotherms and particle morphology) and process design variables to determine the lowest possible cost of CO 2 avoided (excluding the CO 2 conditioning, transport and storage) for different industrial flue gas CO 2 compositions and flow rates. The CO 2 avoided cost for PVSA ranges from 87.1 to 10.4 per tonne of CO 2 avoided, corresponding to CO 2 feed compositions of 3.5 mol% to 30 mol %, respectively. The corresponding costs for a monoethanolamine based absorption process, using heat from a natural gas plant, are 76.8 and 54.8 per tonne of CO 2 avoided, respectively showing that PVSA can be attractive for flue gas streams with high CO 2 compositions. The "ideal" adsorbents needed to attain the lowest possible CO 2 avoided costs have a range of CO 2 affinities with close to zero N 2 adsorption, demonstrating promise for adsorbent discovery and development. The need for simultaneously optimizing the particle morphology and the process conditions are emphasized.

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Section: Comparison With Mea Absorptionmentioning

confidence: 87%

How much can novel solid sorbents reduce the cost of post-combustion CO2 capture? A techno-economic investigation on the cost limits of pressure-vacuum swing adsorption

Rajendran

Subraveti

Roussanaly

et al. 2021

Preprint

Self Cite

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“…Figure 1-1 lists the additional elements of a capital cost estimate, which include pre-production costs, inventory capital, financing costs, capital cost escalations and interest on debt during construction, and other "owner's costs" that are enumerated in guideline documents for engineering-economic cost estimates (e.g., [4,6,16,19]). Readers should consult those documents for more detailed guidance on how to quantify these factors for commercial technologies.…”

Section: Other Capital Cost Factorsmentioning

confidence: 99%

“…Similarly, large centrifugal or axial fans are typically designed for 2x100% redundancy for critical motors, valves, and bypass lines [47]. 4 In these cases, redundancy is applied to mature technologies as well as to FOAK installations.…”

Section: Plant and Process Design Factorsmentioning

confidence: 99%

“…The following subsections provide an overview and discuss openly-available, highly transparent and detailed techno-economic studies 25 for each industrial sector. To maximise potential further use of this benchmark basis review, the key characteristics, assumptions, and results of each study are summarised in the Supplementary Information of Roussanaly et al [4] for all sectors. As CO2 transport and storage costs are very case-specific, as illustrated in section 2.3.3, the CO2 avoidance cost (€/tCO2,avoided) presented in each section below exclude CO2 transport and storage although the supplementation information includes both CO2 avoidance cost without and with CO2 transport and storage when available in the corresponding study.…”

Section: Appendix F: Overview Of Openly-available Highly Transparent and Detailed Techno-economic Studies For Each Industrial Sectormentioning

confidence: 99%

“…The paper is organised into three chapters each tackling one of these areas: Chapter 1: Towards improved cost guidelines for advanced low-carbon technologies; Chapter 2: Towards improved cost evaluation of carbon capture and storage from industry; Chapter 3: Toward improved guidelines for uncertainty analysis of carbon capture and storage technoeconomic studies. While more detail can be found in each chapter and the corresponding published papers [3][4][5], a summary is provided below for each topic.…”

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confidence: 99%

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Towards improved guidelines for cost evaluation of carbon capture and storage

Roussanaly

Rubin

Spek

et al. 2021

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Understanding the costs of carbon capture and storage (CCS) is essential to understand the role for and potential of CCS technology in addressing climate change, for guidance in research activities aiming to reduce the cost and improve the performance of promising new CCS technologies in different applications. In practice, however, there are many challenges in establishing reliable cost estimates for CCS technologies. To help identify and overcome these challenges, a group of experts from industry, government, academia and other organisations came together in 2011 to form the CCS Cost Network (which came under the aegis of IEAGHG in 2017 [1]). Following discussions at the first CCS Cost Network workshop [1], several members of the workshop steering committee formed a task force to focus on the basic structure of CCS cost estimates. That effort produced a White Paper entitled, "Toward a Common Method of Cost Estimation for CCS at Fossil Fuel Power Plants" [2]. This white paper aimed at overcoming identified pitfalls in CCS cost evaluations for fossil fuel power plants arising from the different methodologies used by various organisations. Towards this aim, the white paper established a common costing methodology and nomenclature, as well as guidelines for CCS cost reporting to improve the clarity and consistency of cost estimates for greenhouse gas mitigation measures. While that work laid the foundation for establishing a common costing methodology for CCS, several important cost issues still remained to be addressed. Building on that earlier work and the interest from additional organisations, the current white paper is an effort to draw up a complementary set of CCS costing guidelines in three complementary areas where further guidelines and better practices are needed, and where efforts are underway to address those topics. This effort is a collaboration among researchers at several industrial research institutes (Electric

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Decarbonization in Shipyard Cities: A Holistic Approach to Sustainability Assessment

Vakili

2023

Maritime Decarbonization

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Towards improved cost evaluation of Carbon Capture and Storage from industry

Cited by 105 publications

References 44 publications

How much can novel solid sorbents reduce the cost of post-combustion CO2 capture? A techno-economic investigation on the cost limits of pressure-vacuum swing adsorption

How much can novel solid sorbents reduce the cost of post-combustion CO2 capture? A techno-economic investigation on the cost limits of pressure-vacuum swing adsorption

Towards improved guidelines for cost evaluation of carbon capture and storage

Decarbonization in Shipyard Cities: A Holistic Approach to Sustainability Assessment

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