Optimizing a CO sub(2) value chain for the Norwegian Continental Shelf

This paper presents a mathematical model for designing a carbon dioxide (CO sub(2)) value chain. Storage of CO sub(2) in geological formations is recognized as an important alternative for carbon abatement. When CO sub(2) is deposited in oil reservoirs it can sometimes be used to achieve additional...

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Bibliographic Details
Published in:Energy policy 2010-11, Vol.38 (11), p.6604-6604
Main Authors: Klokk, Oe, Schreiner, P F, Pages-Bernaus, A, Tomasgard, A
Format: Article
Language:English
Subjects:
Aquifers
Carbon
Carbon dioxide
Chains
Formations
Geology
Mathematical models
Oil fields
Optimization
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Summary:This paper presents a mathematical model for designing a carbon dioxide (CO sub(2)) value chain. Storage of CO sub(2) in geological formations is recognized as an important alternative for carbon abatement. When CO sub(2) is deposited in oil reservoirs it can sometimes be used to achieve additional oil production, enhanced oil recovery (EOR). The model determines an optimal CO sub(2) value chain from a fixed set of CO sub(2) emission points and a set of potential injection sites. It designs a transport network and chooses the best suited oil fields with EOR potential or other geological formations for storage. A net present value criterion is used. The model is illustrated by an example of a Norwegian case with 14 oil fields, two aquifers and five CO sub(2) sources. A sensitivity analysis is performed on the most important parameters.
ISSN:0301-4215
DOI:10.1016/j.enpol.2010.06.031