Techno‐economic assessment of carbon capture, utilization and storage for coal‐fired power generation, and CO 2 ‐enhanced oil recovery in the USA: an Ohio case study
Abstract
Abstract The economic feasibility of carbon dioxide (CO 2 ) enhanced oil recovery (EOR) to offset CO 2 capture costs from a coal‐fired power plant are evaluated for 36 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 East Canton oil field and Gore consolidated oil field. 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 techno‐economics suggest that there are potentially feasible scenarios for capture, transport, and CO 2 ‐EOR storage of 25%, 50%, and 90% of CO 2 emissions, respectively, from a 550 MW power plant. Economically feasible outcomes exhibiting net present values of $2191, $1380, and $1940 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–$7 per barrel decrease in the minimum oil price required to break‐even on the project. In all source‐sink scenarios qualifyingmore »
- Authors:
-
- Energy Department Battelle Memorial Institute Columbus OH USA, The Bredesen Center University of Tennessee Knoxville TN USA
- Energy Department Battelle Memorial Institute Columbus OH USA
- Energy Department Battelle Memorial Institute Columbus OH USA, California Department of Conservation Bakersfield CA USA
- Energy Department Battelle Memorial Institute Columbus OH USA, California Public Utilities Commission San Francisco CA USA
- Publication Date:
- Sponsoring Org.:
- USDOE
- OSTI Identifier:
- 1566921
- Resource Type:
- Publisher's Accepted Manuscript
- Journal Name:
- Greenhouse Gases: Science and Technology
- Additional Journal Information:
- Journal Name: Greenhouse Gases: Science and Technology Journal Volume: 9 Journal Issue: 6; Journal ID: ISSN 2152-3878
- Publisher:
- Wiley Blackwell (John Wiley & Sons)
- Country of Publication:
- United Kingdom
- Language:
- English
Citation Formats
Fukai, Isis, Mishra, Srikanta, Scharenberg, Mackenzie, Jimenez, Martin, Glier, Justin, and Peterson, Rick. Techno‐economic assessment of carbon capture, utilization and storage for coal‐fired power generation, and CO 2 ‐enhanced oil recovery in the USA: an Ohio case study. United Kingdom: N. p., 2019.
Web. doi:10.1002/ghg.1930.
Fukai, Isis, Mishra, Srikanta, Scharenberg, Mackenzie, Jimenez, Martin, Glier, Justin, & Peterson, Rick. Techno‐economic assessment of carbon capture, utilization and storage for coal‐fired power generation, and CO 2 ‐enhanced oil recovery in the USA: an Ohio case study. United Kingdom. https://doi.org/10.1002/ghg.1930
Fukai, Isis, Mishra, Srikanta, Scharenberg, Mackenzie, Jimenez, Martin, Glier, Justin, and Peterson, Rick. Fri .
"Techno‐economic assessment of carbon capture, utilization and storage for coal‐fired power generation, and CO 2 ‐enhanced oil recovery in the USA: an Ohio case study". United Kingdom. https://doi.org/10.1002/ghg.1930.
@article{osti_1566921,
title = {Techno‐economic assessment of carbon capture, utilization and storage for coal‐fired power generation, and CO 2 ‐enhanced oil recovery in the USA: an Ohio case study},
author = {Fukai, Isis and Mishra, Srikanta and Scharenberg, Mackenzie and Jimenez, Martin and Glier, Justin and Peterson, Rick},
abstractNote = {Abstract The economic feasibility of carbon dioxide (CO 2 ) enhanced oil recovery (EOR) to offset CO 2 capture costs from a coal‐fired power plant are evaluated for 36 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 East Canton oil field and Gore consolidated oil field. 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 techno‐economics suggest that there are potentially feasible scenarios for capture, transport, and CO 2 ‐EOR storage of 25%, 50%, and 90% of CO 2 emissions, respectively, from a 550 MW power plant. Economically feasible outcomes exhibiting net present values of $2191, $1380, and $1940 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–$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 30‐year analysis time frame. The most economical outcome for supporting a commercial carbon capture, utilization, and storage project in Ohio is also identified, and the potential impact of CO 2 ‐EOR operational strategy on source‐sink feasibility is discussed. © 2019 Society of Chemical Industry and John Wiley & Sons, Ltd.},
doi = {10.1002/ghg.1930},
journal = {Greenhouse Gases: Science and Technology},
number = 6,
volume = 9,
place = {United Kingdom},
year = {Fri Sep 27 00:00:00 EDT 2019},
month = {Fri Sep 27 00:00:00 EDT 2019}
}
https://doi.org/10.1002/ghg.1930
Web of Science
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