openCCS
A collaboratively developed handbook for delivering CCS projects
This page was last edited on 27 November 2012 by Sean McClowry, and has not yet been reviewed.
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Project Context, Opportunity Definition and Recommendation for Transport in the Closure stage

Objective

The objectives of this activity are to:

  • Close the transport network in line with the overall project context and business plan requirements
  • Providing the final business and financial reporting requirements to the owner/operators of the network

Major Deliverables

  • Production of a final board report on business performance of the pipeline network system, including operational performance standards and decommissioning programme of the transport network
  • The final report should include KPI’s in terms of operational availability, cost and pipeline risk inspection requirements (see Transport-Risk-Operations page)
    • Define final major out turn expenditure include capital and operating costs including:
      • Operating costs of transportation system
      • Operating, Admin and Support labour
      • Consumables and Waste Disposal
      • Overall network report outlining yearly transportation capacity sales revenues following negotiations with primary / secondary CO2 sources and storage operators / providers (if different)
      • Other sales revenues / pass through of CO2 permits
      • Financial Model outputs detailing the performance of the project against the appropriate decision tools (e.g. NPV, IRR, MCR, or BCR)
      • Recommendation to the board as to future transport network investments

Tasks

  • Develop board report outlining the final operational and financial performance in line with the business plan
  • Assess performance of project against appropriate financial investment portfolio
  • Develop decommissioning plan for transport network and commission key engineering works required
  • Produce programme plan for plant decommissioning including required engineering works, hazardous waste disposal, land remediation and environmental permitting required

Examples

Key Personnel

  • Board Corporate Representatives
  • Project Director
  • Project Manager
  • Project Engineers
  • Project Planners
  • Finance Officer
  • Geologist / Geoscientists
  • Drilling Engineers
  • Top-sides design engineers
This content expresses the point of view of individuals in the CCS community and not necessarily the views of their organisation or the Global CCS Institute.