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Carbon Capture & Storage Factbook - Schlumberger Business ...

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APPPENDIX<br />

Orders of magnitude<br />

• Energy-related CO 2 emissions per year<br />

One passenger car: 5tCO 2<br />

New York City: 50 MtCO 2<br />

United Kingdom: 500 MtCO 2<br />

US: 5 GtCO 2<br />

World 30 GtCO 2<br />

• What does a tonne of CO 2 represent?<br />

CO 2 captured by 25 trees grown for 10 years<br />

One return flight Paris to New York per passenger<br />

The worldwide average CO 2 emissions per capita in 3.6<br />

months<br />

1.35MWh of electricity produced with supercritical<br />

pulverized black coal power plant<br />

• What is the cost of CO 2 emissions?<br />

Source:<br />

<strong>Carbon</strong> prices are generally below $20 /tCO 2<br />

Market prices for EOR have reached $30 /tCO 2 with the<br />

oil price at $100 /bbl.<br />

Each tonne of CO 2 avoided by using CCS on a coal<br />

power plant is likely to cost $53-$92 /tCO 2 .<br />

Global average subsidy for solar PV in 2010 $530/tCO 2<br />

relative to coal<br />

<strong>Carbon</strong> emissions intensity of developed economies<br />

ranges between $2,000 and $6,000 of gross domestic<br />

product per tonne of CO 2 emitted<br />

SBC Energy Institute<br />

© 2012 SBC Energy Institute. All Rights Reserved.<br />

• Largest CCS integrated project in operation<br />

<br />

<br />

<br />

ExxonMobil Shute Creek CCS-EOR project in North<br />

America<br />

<strong>Capture</strong> and store 6.5MtCO 2 /year<br />

Equivalent to ~1 million passenger vehicles taken off<br />

the roads<br />

• Standard coal power plant (supercritical<br />

pulverized black coal) without CCS<br />

<br />

<br />

<br />

<br />

Nominal capacity: 500MW<br />

Load factor: 0.9 in average<br />

Produces 4,000GWh of electricity per year<br />

Emits 3MtCO 2 /yr<br />

• Standard coal power plant with postcombustion<br />

CCS<br />

<br />

<br />

<br />

Produces 3,200GWh per year (CCS energy penalty:<br />

20%)<br />

<strong>Capture</strong>s 90% of CO 2 emissions<br />

Avoids 2.6MtCO 2 /yr<br />

• Ways of producing 3TWh a year of low-carbon<br />

electricity<br />

<br />

<br />

<br />

One CCS power unit in a single location (though with<br />

extensive mining if powered by coal)<br />

A 30km² PV farm with market-leading efficiency<br />

A modern wind farm with 400 large turbines (2.5MW<br />

each) spread over more than 100km² (equivalent to the<br />

area of Paris)<br />

54

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