Project Delivery - Top Level Overview
| Areas | Identify | Evaluate | Define | Execute | Operate | Closure |
|---|---|---|---|---|---|---|
| General Approach | Consider high-level options Short list options for further study “What could it be?" |
Examine short-listed options and suboptions Establish if any fatal flaws Select one best option for taking forward “What should it be? |
Examine selected option and provide further definition to allow investment decision to be made Demonstrate the technical and economic viability of the project; “What will it be?” Be capable of being audited by third parties (i.e. peer reviewers, bank |
Undertake remaining (detailed) design Build organisation to commission and manage asset Undertake construction activities Undertake commissioning |
Operate the asset within regulatory compliance requirements, for the operating life of the asset | Decommission asset to regulatory compliance requirements Rehabilitate site for future defined use Build organisation and provide resources for post-closure |
| Specifics for Capture | Concept Studies Identify potential of the new or expanded business Consider new-build or retrofit for capture Consider saline reservoir or EOR or other for storage/beneficial reuse Document general features of the project Estimate order of magnitude costs of the project (both capital (+/- 30-35% accuracy) and operatin |
Prefeasibility Studies Consider different capture technologies Consider different EPC contractors Consider different process, location and project configuration options Consider different capacities for the project Assess the likely technical and economic viability of the project Recommend the preferred option and size for final study Estimate costs of the project (both capital (+/- 20-25% accuracy) and operating (+/- 10-15% accuracy) |
Feasibility Studies Undertake front end engineering design (FEED) studies, clearly recommending one processing, location and project configuration, and prevent the need to be materially varied after project commitment Estimate costs of the project (both capital (+/- 10-15% accuracy) and operating (+/- 5-10%; closer to 5% accuracy)) Select construction contractor and delivery approach (i.e. EPC) Obtain all required regulatory approvals Provide the basis for making an investment decision, and make final investment decision for construction of capture facilit |
Project Execution Complete the design detail for building the carbon capture asset Build the organisation and systems to manage the carbon capture asset Build the carbon capture asset - On time - On budget - To scope and quality Commission the carbon capture asset to operating stat |
Asset Operation Ramp-up operation of the carbon capture asset to ascertain true performance Modify the carbon capture asset (as necessary) to achieve required performance Operate the carbon capture asset to achieve required performance over asset life Maintain the carbon capture asset to achieve required asset life Modify the carbon capture asset to comply with legislated regulatory changes Modify the carbon capture asset to realise identified opportunities |
Asset Decommissioning Operation of asset (i.e. power plant with capture) ceased Modify the asset (as necessary) to achieve required decommissioned state - On time - On budget - To scope and quality Asset sites decommissioned and rehabilitated to required condition Establish organisation for post-closure stage (as necessary) |
| Specifics for Transport | Concept Studies Consider pipeline or other CO2 transport options Consider existing or new transport route Consider single or multi-user transport route Estimate order of magnitude costs of the project (both capital (+/- 30-35% accuracy) and operating (+/- 15-20% accuracy) |
Prefeasibility Studies Consider different capture technologies Consider different EPC contractors Consider different process, location and project configuration options Consider different capacities for the project Assess the likely technical and economic viability of the project Recommend the preferred option and size for final study Estimate costs of the project (both capital (+/- 20-25% accuracy) and operating (+/- 10-15% accuracy) |
Feasibility Studies Undertake front end engineering design (FEED) studies, clearly recommending one transport route Estimate costs (both capital (+/- 10-15% accuracy) and operating (+/- 5-10%; closer to 5% accuracy)) Select construction contractor and delivery approach (i.e. EPC) Obtain all required regulatory approvals Make final investment decision for construction of transport facilitie |
Project Execution Complete the design detail for building the transport asset Build the organisation and systems to manage the transport asset Build the transport asset - On time - On budget - To scope and quality Commission the transport asset to operating stat |
Asset Operation Operate the transport asset to achieve required performance over asset life Maintain the transport asset to achieve required asset life Modify the transport asset to comply with legislated regulatory changes Modify the transport asset to realise identified opportunities |
Asset Decommissioning Operation of asset (i.e. pipeline) ceased Modify the asset (as necessary) to achieve required decommissioned state - On time - On budget - To scope and quality Asset sites decommissioned and rehabilitated to required condition Establish organisation for post-closure stage (as necessary |
| Specifics for Storage | Site Screening Studies Define screening basis Develop screening plan Review available data and identify potential sites Estimate capacity and level of uncertainty Shortlist storage site |
Site Assessment Studies Obtain exploration permit Define selection basis and develop selection plan Acquire data, test, analyse, rank risks Select site and engineering concep |
Site Selection Studies Specify performance targets Prepare CO2 storage development plan Evaluate compliance with regulations and qualification goal Obtain storage permi |
Design and (Initial) Construct Select construction contractor and delivery approach for (initial) storage assets (i.e. EPC) Complete the design detail for building the (initial) storage assets (i.e. wells, feeder piping) Build the organisation and systems to manage the storage assets Build the (initial) storage assets - On time - On budget - To scope and quality Commission the (initial) storage assets to operating state |
Operate (Remaining Construct) Operate the storage assets to achieve required performance over asset life Develop plan for permit review/requalification Reassess risks Adjust performance targets Adjust CO2 storage development plan Storage permit renewal Complete the design detail for building the (remaining) storage assets (i.e. wells, feeder piping) Select construction contractor and delivery approach for (remaining) storage assets (i.e. EPC) |
Close Assess if conditions for site closure have been met Define closure basis Develop closure plan Update storage performance forecast and environmental impact assessment Obtain certificate of fitness for closure Initiate decommissioning Transfer of responsibility for site |
