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Jumpstarting commercial‐scale CO 2 capture and storage with ethylene production and enhanced oil recovery in the US Gulf
Author(s) -
Middleton Richard S.,
Levine Jonathan S.,
Bielicki Jeffrey M.,
Viswanathan Hari S.,
Carey J. William,
Stauffer Philip H.
Publication year - 2015
Publication title -
greenhouse gases: science and technology
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.45
H-Index - 32
ISSN - 2152-3878
DOI - 10.1002/ghg.1490
Subject(s) - software deployment , production (economics) , investment (military) , scale (ratio) , enhanced oil recovery , carbon capture and storage (timeline) , environmental science , environmental economics , business , waste management , engineering , economics , ecology , physics , software engineering , quantum mechanics , climate change , politics , biology , political science , law , macroeconomics
CO 2 capture, utilization, and storage (CCUS) technology has yet to be widely deployed at a commercial scale despite multiple high‐profile demonstration projects. We suggest that developing a large‐scale, visible, and financially viable CCUS network could potentially overcome many barriers to deployment and jumpstart commercial‐scale CCUS. To date, substantial effort has focused on technology development to reduce the costs of CO 2 capture from coal‐fired power plants. Here, we propose that near‐term investment could focus on implementing CO 2 capture on facilities that produce high‐value chemicals/products. These facilities can absorb the expected impact of the marginal increase in the cost of production on the price of their product, due to the addition of CO 2 capture, more than coal‐fired power plants. A financially viable demonstration of a large‐scale CCUS network requires offsetting the costs of CO 2 capture by using the CO 2 as an input to the production of market‐viable products. We demonstrate this alternative development path with the example of an integrated CCUS system where CO 2 is captured from ethylene producers and used for enhanced oil recovery in the US Gulf Coast region. © 2015 Society of Chemical Industry and John Wiley & Sons, Ltd