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Carbon sequestration in leaky reservoirs

Author

Listed:
  • Alain Jean-Marie

    (MAORE - Methods, Algorithms for Operations REsearch - LIRMM - Laboratoire d'Informatique de Robotique et de Microélectronique de Montpellier - UM - Université de Montpellier - CNRS - Centre National de la Recherche Scientifique, MAESTRO - Models for the performance analysis and the control of networks - Centre Inria d'Université Côte d'Azur - Inria - Institut National de Recherche en Informatique et en Automatique)

  • Michel Moreaux

    (LERNA - Economie des Ressources Naturelles - UT Capitole - Université Toulouse Capitole - Comue de Toulouse - Communauté d'universités et établissements de Toulouse - INRA - Institut National de la Recherche Agronomique - CEA - Commissariat à l'énergie atomique et aux énergies alternatives)

  • Mabel Tidball

    (LAMETA - Laboratoire Montpelliérain d'Économie Théorique et Appliquée - UM1 - Université Montpellier 1 - UPVM - Université Paul-Valéry - Montpellier 3 - INRA - Institut National de la Recherche Agronomique - Montpellier SupAgro - Centre international d'études supérieures en sciences agronomiques - UM - Université de Montpellier - CNRS - Centre National de la Recherche Scientifique - Montpellier SupAgro - Institut national d’études supérieures agronomiques de Montpellier)

Abstract

We propose in this paper a model of optimal Carbon Capture and Storage in which the reservoir of sequestered carbon is leaky, and pollution eventually is released into the atmosphere. We formulate the social planner problem as an optimal control program and we describe the optimal consumption paths as a function of the initial conditions, the physical constants and the economical parameters. In particular, we show that the presence of leaks may lead to situations which do not occur otherwise, including that of non-monotonous price paths for the energy.

Suggested Citation

  • Alain Jean-Marie & Michel Moreaux & Mabel Tidball, 2011. "Carbon sequestration in leaky reservoirs," Post-Print hal-00863230, HAL.
    • Handle: RePEc:hal:journl:hal-00863230
    Note: View the original document on HAL open archive server: https://inria.hal.science/hal-00863230v1
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    References listed on IDEAS

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