Carbon Capture & Storage Factbook - Schlumberger Business ...

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ECONOMICS – COST STRUCTURE <strong>Capture</strong> is generally responsible for the large majority of these additional costs LEVELIZED COST OF ELECTRICITY $/MWh Transport & storage Fuel Plant opex Plant capex 72.4 13.7 1.0 +72% 124.3 5.5 19.6 7.2 Distribution the increase of LCOE 11% 11% 12% 66% 500MW POST-COMBUSTION SYSTEM 92.0 57.7 Coal without CCS Coal with CCS* (post-combustion) Whatever capture technology is used: • Over two-third of the increase in LCOE comes from capture • An energy penalty of 16% to 43% is incurred by the capture system Notes: *First-of-a-kind supercritical pulverized coal power plant with amine-based post-combustion capture and onshore aquifer storage at 100 km by pipeline Source: Bloomberg New Energy Finance (2012); © 2012 SBC Energy Institute. All Rights Reserved. 35
ECONOMICS – POTENTIAL FOR COST DECREASE CCS costs will fall as installed capacity rises, and as transport and storage infrastructure are shared RANGE OF REDUCTION IN LCOE AFTER DEPLOYMENT OF 100 GW CAPACITY 30% 25% maxi average of 4 studies mini • In addition, CCS projects grouped in clusters would save transport costs and storage risks 20% 21% 15% 16% 14% 10% 8% 5% 0% Coal precombustion Natural gas postcombustion Coal postcombustion Coal oxycombustion Notes: LCOE for levelized cost of electricity Source: Average of four existing studies: Rubin 2007, EPRI 2008, US DOE 2009, Bloomberg New Energy Finance 2012 © 2012 SBC Energy Institute. All Rights Reserved. 36
Page 1 and 2: LEADING THE ENERGY TRANSITION Carbo
Page 3 and 4: EXECUTIVE SUMMARY (1/2) │CCS is a
Page 5 and 6: TABLE OF CONTENTS 1. CCS Technology
Page 7 and 8: TECHNOLOGIES ‒ R&D INVESTMENTS AN
Page 13 and 14: TECHNOLOGIES ‒ KEY R&D AREAS OF F
Page 15 and 16: TECHNOLOGIES ‒ KEY R&D AREAS OF F
Page 17 and 18: PROJECTS CCS entered the demonstrat
Page 19 and 20: PROJECTS ‒ INVESTMENTS AND KEY PL
Page 21 and 22: Decrease of capture costs PROJECTS
Page 23 and 24: PROJECTS ‒ DYNAMIC OF CCS DEMONST
Page 25 and 26: PROJECTS ‒ DYNAMIC OF CCS DEMONST
Page 27 and 28: Capital requirement * Technology ri
Page 29 and 30: 3. Economics EOR revenues compensat
Page 31 and 32: ECONOMICS - RATIONALE FOR CCS In in
Page 33 and 34: ECONOMICS - RATIONALE FOR CCS CCS e
Page 35: ECONOMICS - COST STRUCTURE Applying
Page 39 and 40: ECONOMICS - POTENTIAL FOR COST DECR
Page 41 and 42: ECONOMICS - ECONOMIC INCENTIVES Glo
Page 43 and 44: 4. Perspectives The pipeline of CCS
Page 45 and 46: PERSPECTIVES - PROJECTS OUTLOOK Pro
Page 47 and 48: PERSPECTIVES - PROJECTS OUTLOOK By
Page 49 and 50: PERSPECTIVES - PROJECTS OUTLOOK Chi
Page 51 and 52: PERSPECTIVES - RECOMMENDATIONS AND
Page 53 and 54: APPPENDIX Four main capture process
Page 55 and 56: APPPENDIX Orders of magnitude • E
Page 57 and 58: APPPENDIX Bibliography (1/2) • Ad
Page 59: September 2012 Copyright © SBC Ene

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