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A Sensitivity Analysis of the Global Deployment of CCS to the Cost of Storage and Storage Capacity Estimates

Authors: Detlef P. van Vuuren; Bas van Ruijven; Machteld van den Broek; Barbara Sophia Koelbl; André Faaij;

A Sensitivity Analysis of the Global Deployment of CCS to the Cost of Storage and Storage Capacity Estimates

Abstract

AbstractThe future deployment of carbon capture and storage (CCS) is uncertain. This may be caused by differences in assumptions about techno-economic parameters such as CO2 storage cost and capacity. How much of the uncertainty in these variables translates into uncertainty in the deployment predictions of CCS is investigated using the TIMER model. Preliminary results show that storage cost variations result in a considerable range of global cumulative CO2 captured until 2050 from electricity production of about 46-162 GtCO2. Also, the regional impacts of storage costs differ strongly. Decreasing the storage capacity decreases global cumulative capture from power production by only -3 GtCO2 until 2050.

Country
Netherlands
Keywords

Carbon Capture and Storage deployment, storage cost, sensitivity analysis, Energy(all), storage capacity

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    popularity
    This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
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    influence
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citations
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
4
Average
Average
Average
gold