Carbon Capture & Storage Factbook - Schlumberger Business ...
Carbon Capture & Storage Factbook - Schlumberger Business ...
Carbon Capture & Storage Factbook - Schlumberger Business ...
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PROJECTS ‒ DYNAMIC OF CCS DEMONSTRATION<br />
Power and industry CCS projects incur planning and coordination difficulties that<br />
do not affect O&G-related CCS projects<br />
BUSINESS MODELS FOR INTEGRATED PROJECTS<br />
CAPTURE<br />
TRANSPORT<br />
STORAGE<br />
Project owner (potentially eligible for<br />
emissions reductions)<br />
Secondary stakeholder<br />
Self-built model<br />
(integration)<br />
O&G majors___________________________________________<br />
Govt<br />
• Single integrated project owner: high level of<br />
control, no coordination issues<br />
• Limited to Oil & Gas majors or very large<br />
utilities only<br />
Partnership<br />
(JV, consortium)<br />
Power utility<br />
Transport<br />
operator<br />
O&G companies<br />
• Several project owners share costs and risks<br />
• Risk of cancellation if a partner pulls out<br />
• Difficulties in managing differing industrial<br />
cultures, paperwork…<br />
EOR contractual<br />
agreement<br />
(pay-at-the-gate)<br />
Emitter<br />
Transport<br />
operator<br />
EOR producer 1<br />
EOR producer 2<br />
EOR producer 3<br />
• Limited to EOR<br />
New models -<br />
cluster<br />
approach<br />
Emitter 1<br />
Emitter 2<br />
Emitter 3<br />
Publicly supervised common venture<br />
• Shared infrastructures for transport and<br />
storage reduce up-front capex<br />
• Involvement of public authorities facilitates<br />
public acceptance<br />
• Not for early demonstration phase<br />
Source:<br />
SBC Energy Institute<br />
© 2012 SBC Energy Institute. All Rights Reserved.<br />
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