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Capturing Industrial CO2 Emissions in Spain: Infrastructures, Costs, and Break-even Prices

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  • Olivier Massol

    (IFP School, IFPEN - IFP Energies nouvelles, LGI - Laboratoire Génie Industriel - CentraleSupélec - Université Paris-Saclay, City University of London)

Abstract

This paper examines the conditions for the deployment of large scale pipeline and storage infrastructure needed for the capture of CO2 in Spain by 2040. It details a modeling framework that allows us to determine the optimal infrastructure needed to connect a geographically disaggregated set of emitting and storage clusters, along with the threshold CO2 values necessary to ensure that the considered emitters will make the necessary investment decisions. This framework is used to assess the relevance of various policy scenarios, including (i) the perimeter of the targeted emitters for a CCS uptake, and (ii) the relevance of constructing several regional networks instead of a single grid to account for the spatial characteristics of the Spanish peninsula. We find that three networks naturally emerge in the north, center and south of Spain. Moreover, the necessary CO2 break-even price critically depends on the presence of power stations in the capture perimeter. Policy implications of these findings concern the elaboration of relevant, pragmatic recommendations to envisage CCS deployment locally, focusing on emitters with lower substitution options toward low-carbon alternatives.
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  • Olivier Massol, 2018. "Capturing Industrial CO2 Emissions in Spain: Infrastructures, Costs, and Break-even Prices," Post-Print hal-04320564, HAL.
  • Handle: RePEc:hal:journl:hal-04320564
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    Cited by:

    1. van Beek, Andries, 2023. "Solutions in multi-actor projects with collaboration and strategic incentives," Other publications TiSEM 3739c498-5edb-442f-87d8-c, Tilburg University, School of Economics and Management.
    2. Gu, Changwan & Li, Kai & Gao, Shikang & Li, Jiayu & Mao, Yifan, 2024. "CO2 abatement feasibility for blast furnace CCUS retrofits in BF-BOF steel plants in China," Energy, Elsevier, vol. 294(C).
    3. Holz, Franziska & Scherwath, Tim & Crespo del Granado, Pedro & Skar, Christian & Olmos, Luis & Ploussard, Quentin & Ramos, Andrés & Herbst, Andrea, 2021. "A 2050 perspective on the role for carbon capture and storage in the European power system and industry sector," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 104, pages 1-18.
    4. van Beek, Andries & Groote Schaarsberg, Mirjam & Borm, Peter & Hamers, Herbert & Veneman, Mattijs, 2023. "Cost Allocation in CO2 Transport for CCUS Hubs : A Multi-Actor Perspective," Discussion Paper 2023-008, Tilburg University, Center for Economic Research.
    5. Jagu Schippers, Emma & Massol, Olivier, 2022. "Unlocking CO2 infrastructure deployment: The impact of carbon removal accounting," Energy Policy, Elsevier, vol. 171(C).
    6. van Beek, Andries & Groote Schaarsberg, Mirjam & Borm, Peter & Hamers, Herbert & Veneman, Mattijs, 2023. "Cost Allocation in CO2 Transport for CCUS Hubs : A Multi-Actor Perspective," Other publications TiSEM 4f99c444-6676-4887-b7b8-5, Tilburg University, School of Economics and Management.
    7. Nicolle, Adrien & Massol, Olivier, 2023. "Build more and regret less: Oversizing H2 and CCS pipeline systems under uncertainty," Energy Policy, Elsevier, vol. 179(C).

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