Optimal European cooperative supply chains for carbon capture, transport, and sequestration with costs share policies

• Published in: AIChE journal 2020-04, Vol.66 (4), p.n/a
• Main Authors: d'Amore, Federico, Bezzo, Fabrizio
• Format: Article
• Language: English
• Subjects: Anthropogenic factors; Carbon; carbon capture transport and storage; Carbon dioxide; Carbon dioxide emissions; Carbon sequestration; Cooperation; Costs; costs share and differential cooperation; Decarburizing; Emissions; European supply chain optimization; Greenhouse effect; Greenhouse gases; mixed integer linear programming; Optimization; Policies; Supply chains
• ISSN: 0001-1541; 1547-5905
• DOI: 10.1002/aic.16872

In the past decades, CO2 constituted nearly the 80% of anthropogenic greenhouse gases emissions therefore, global actions are needed to tackle the increase of carbon concentration in the atmosphere. CO2 (carbon) capture and storage has been highlighted among the most promising options to decarbonize the energy and industry sectors. Considering a large‐scale infrastructure at European level, economic cooperation has been highlighted as a key requirement to relieve single countries from too high risk and commitment. This article proposes an economic optimization for cooperative supply chains for CO2 capture and storage, by adopting policies that balance the spread of costs among countries, according to local characteristics in terms of population, CO2 emissions, and macroeconomic outcome. Results show that the additional European investment for cooperation (max. +2.6% with respect to a noncooperative network) should not constitute a barrier toward the installation and operation of such more effective network designs.