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Carbon storage: the economic efficiency of storing CO2 in leaky reservoirs

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Author Info

  • Minh Ha-Duong

    ()
    (Department of Engineering and Public Policy, Carnegie Mellon University - Aucune, CIRED - Centre International de Recherche sur l'Environnement et le Développement - CIRAD : UMR56 - CNRS : UMR8568 - Ecole des Hautes Etudes en Sciences Sociales (EHESS) - Ecole des Ponts ParisTech - Ecole Nationale du Génie Rural des Eaux et Forêts)

  • David Keith

    (Department of Chemical and Petroleum Engineering, University of Calgary - Aucune, Department of Engineering and Public Policy, Carnegie Mellon University - Aucune)

Abstract

Les combustibles fossiles peuvent être utilisés avec peu d'émissions en capturant le dioxyde de carbone et en le stockant dans des structures géologiques. Cependant, une fraction du carbone stocké pourrait fuir vers l'atmosphère, ce qui limiterait l'utilité de cette technologie. Afin d'explorer les compromis entre actualisation, étanchéité du réservoir, coût de séquestration et pénalité énergétique (l'énergie nécessaire pour capturer, transporter et injecter le carbone en sous-sol), nous développons un modèle analytique marginal simple de la valeur d'un stockage imparfait comparativement à stockage idéal. Si le taux de fuite annuel est de 1 pour cent et le taux d'actualisation de 4 pour cent, par exemple, alors le stockage temporaire) de la tonne de CO2 se compare à l'élimination (permanente) de 8 quintaux de ce même gaz.

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Bibliographic Info

Paper provided by HAL in its series Post-Print with number halshs-00003927.

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Date of creation: 2003
Date of revision:
Publication status: Published, Clean Technology and Environmental Policy, 2003, 5, 2/3, 181-189
Handle: RePEc:hal:journl:halshs-00003927

Note: View the original document on HAL open archive server: http://halshs.archives-ouvertes.fr/halshs-00003927/en/
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Web page: http://hal.archives-ouvertes.fr/

Related research

Keywords: changement climatique; politique énergétique; stockage du carbone; séquestration du carbone;

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Cited by:
  1. Minh Ha-Duong & Rodica Loisel, 2011. "Actuarial risk assessment of expected fatalities attributable to carbon capture and storage in 2050," Post-Print, HAL halshs-00487175, HAL.
  2. Valentina Bosetti & Laurent Gilotte, 2005. "Carbon Capture and Sequestration: How Much Does this Uncertain Option Affect Near-Term Policy Choices?," Working Papers, Fondazione Eni Enrico Mattei 2005.86, Fondazione Eni Enrico Mattei.
  3. Lafforgue, Gilles & Magné, Bertrand & Moreaux, Michel, 2006. "Optimal Sequestration Policy with a Ceiling on the Stock of Carbon in the Atmosphere," IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse 401, Institut d'Économie Industrielle (IDEI), Toulouse.
  4. Minh Ha-Duong & Rodica Loisel, 2009. "Zero is the only acceptable leakage rate for geologically stored CO2: an editorial comment," Post-Print, HAL hal-00348128, HAL.
  5. Bandza, Alexander J. & Vajjhala, Shalini P., 2010. "Long-Term Risks and Short-Term Regulations: Modeling the Transition from Enhanced Oil Recovery to Geologic Carbon Sequestration," Discussion Papers, Resources For the Future dp-08-29-rev, Resources For the Future.
  6. Katrin Rehdanz & Richard S.J. Tol & Patrick Wetzel, 2005. "Ocean Carbon Sinks And International Climate Policy," Working Papers, Research unit Sustainability and Global Change, Hamburg University FNU-60, Research unit Sustainability and Global Change, Hamburg University, revised Feb 2005.
  7. Vajjhala, Shalini & Gode, Jenny & Torvanger, Asbjørn, 2007. "An International Regulatory Framework for Risk Governance of Carbon Capture and Storage," Discussion Papers, Resources For the Future dp-07-13-rev, Resources For the Future.
  8. Nadine Heitmann & Christine Bertram & Daiju Narita, 2010. "Embedding CCS infrastructure into the European electricity system: A policy coordination problem," Kiel Working Papers 1657, Kiel Institute for the World Economy.
  9. Niko Jaakkola, 2013. "Monopolistic Sequestration of European Carbon Emissions," OxCarre Working Papers, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford 098, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
  10. Daiju Narita, 2008. "The Use of CCS in Global Carbon Management: Simulation with the DICE Model," Kiel Working Papers 1440, Kiel Institute for the World Economy.
  11. Bob van der Zwaan & Koen Smekens, 2004. "Environmental Externalities of Geological Carbon Sequestration Effects on Energy Scenarios," Working Papers, Fondazione Eni Enrico Mattei 2004.58, Fondazione Eni Enrico Mattei.
  12. Sven Bode & Martina Jung, 2006. "Carbon dioxide capture and storage—liability for non-permanence under the UNFCCC," International Environmental Agreements: Politics, Law and Economics, Springer, Springer, vol. 6(2), pages 173-186, June.
  13. Ghorbani, Afshin & Rahimpour, Hamid Reza & Ghasemi, Younes & Zoughi, Somayeh & Rahimpour, Mohammad Reza, 2014. "A Review of Carbon Capture and Sequestration in Iran: Microalgal Biofixation Potential in Iran," Renewable and Sustainable Energy Reviews, Elsevier, Elsevier, vol. 35(C), pages 73-100.

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