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Transport & storage economics of CCS networks in the Netherlands
22nd May 2013
Topic(s): Economics, CO2 storage, CO2 transport
A team from the Rotterdam Climate Initiative, CATO-2 (the Dutch national R&D programme on CCS) and the Clinton Climate Initiative, developed a financial model to assess the economics of alternative CO2 transport and storage options in the North Sea, based on common user infrastructure. The purpose of the financial model that is available on the Global CCS Institute website is to introduce a simple planning tool relating to the transport and storage components of an integrated CCS project using readily available, non-confidential data.
A steering group of major emitters with advanced plans for CCS projects in the Netherlands and Belgium guided the project. Although the report focusses on potential projects in the Netherlands (Rotterdam and Eemshaven) and Belgium (Antwerp) in the short to medium term, the analysis and lessons could be useful to other regions considering CO2 network solutions.
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