Product catalogue
Evaluating the economic potential for carbon sequestration projects
Carbon capture and storage (CCS) is a central component of many proposed pathways to reach net zero CO2 emissions by 2050. Even under conservative estimates, successful deployment of CCS projects at scale will require a substantial investment in the selection and development of new sequestration sites. While several studies have considered the potential costs associated with individual sequestration projects, and others have evaluated the costs of capture and sequestration in a generic manner, few have examined how regional differences in transport distances and reservoir properties may affect the overall costs of sequestration projects. In this abstract, we outline a new model to assess the costs associated with new carbon sequestration projects. The model evaluates the cost of CCS projects accounting for regional variations in transport distance and cost and well the storage properties of individual reservoirs. We present preliminary results from the modelling tool, highlighting potential opportunities for new CCS projects.
Simple
Identification info
- Date (Creation)
- 2023-08-10
- Date (Publication)
- 2023-08-14T23:26:56
- Citation identifier
- Geoscience Australia Persistent Identifier/https://pid.geoscience.gov.au/dataset/ga/147915
- Citation identifier
- Digital Object Identifier/https://dx.doi.org/10.26186/147915
- Cited responsible party
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Role Organisation / Individual Name Details Publisher Commonwealth of Australia (Geoscience Australia)
Voice Author Walsh, S.D.C.
External Contact Author Kalinowski, A.
MEG Internal Contact Author Patterson, C.
MEG Internal Contact Author Tenthorey, E.
MEG Internal Contact Author Haynes, M.
MEG Internal Contact
- Purpose
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This publication was produced as part of Geoscience Australia's Exploring for the Future Program. It was presented at the Exploring for the Future 2022 Showcase.
- Status
- Completed
- Point of contact
-
Role Organisation / Individual Name Details Point of contact Commonwealth of Australia (Geoscience Australia)
Voice Point of contact Kalinowski, A.
MEG Internal Contact Resource provider Minerals, Energy and Groundwater Division
External Contact
- Spatial representation type
- Topic category
-
- Geoscientific information
Extent
Extent
))
- Maintenance and update frequency
- As needed
Resource format
- Title
-
Product data repository: Various Formats
- Website
-
Data Store directory containing the digital product files
Data Store directory containing one or more files, possibly in a variety of formats, accessible to Geoscience Australia staff only for internal purposes
- theme.ANZRC Fields of Research.rdf
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EARTH SCIENCES
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Carbon Sequestration Science
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Economic Models and Forecasting
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- Project
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EFTF - Exploring for the Future
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- Theme
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CCS
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- Keywords
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Carbon capture and storage
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- Project
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Australia's Future Energy Resources
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- Keywords
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Published_External
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Resource constraints
- Title
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Creative Commons Attribution 4.0 International Licence
- Alternate title
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CC-BY
- Edition
-
4.0
- Access constraints
- License
- Use constraints
- License
- Other constraints
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(c) Commonwealth of Australia (Geoscience Australia) 2023
Resource constraints
- Title
-
Australian Government Security Classification System
- Edition date
- 2018-11-01T00:00:00
- Classification
- Unclassified
- Language
- English
- Character encoding
- UTF8
Distribution Information
- Distributor contact
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Role Organisation / Individual Name Details Distributor Commonwealth of Australia (Geoscience Australia)
Voice facsimile
- OnLine resource
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Extended Abstract for download (pdf) [3.4 MB]
Extended Abstract for download (pdf) [3.4 MB]
- Distribution format
-
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pdf
- File decompression technique
-
nil
-
Resource lineage
- Statement
-
This publication was produced as part of Geoscience Australia's Exploring for the Future Program. It was presented at the Exploring for the Future 2022 Showcase.
Metadata constraints
- Title
-
Australian Government Security Classification System
- Edition date
- 2018-11-01T00:00:00
- Classification
- Unclassified
Metadata
- Metadata identifier
-
urn:uuid/96f8366f-07d9-4c4a-bcad-523c1e9c3c21
- Title
-
GeoNetwork UUID
- Language
- English
- Character encoding
- UTF8
- Contact
-
Role Organisation / Individual Name Details Point of contact Commonwealth of Australia (Geoscience Australia)
Voice Point of contact Kalinowski, A.
MEG Internal Contact
Type of resource
- Resource scope
- Document
- Name
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GA publication: EFTF Extended Abstract
Alternative metadata reference
- Title
-
Geoscience Australia - short identifier for metadata record with
uuid
- Citation identifier
- eCatId/147915
- Date info (Creation)
- 2019-04-08T01:55:29
- Date info (Revision)
- 2019-04-08T01:55:29
Metadata standard
- Title
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AU/NZS ISO 19115-1:2014
Metadata standard
- Title
-
ISO 19115-1:2014
Metadata standard
- Title
-
ISO 19115-3
- Title
-
Geoscience Australia Community Metadata Profile of ISO 19115-1:2014
- Edition
-
Version 2.0, September 2018
- Citation identifier
- https://pid.geoscience.gov.au/dataset/ga/122551