Modeling the Cost of Onshore CO2 Pipeline Transport and Onshore CO2 Saline Storage
This paper describes the FECM/NETL CO2 Transport Cost Model (CO2_T_COM), a technoeconomic model of CO2 transport by pipeline, and the FECM/NETL CO2 Saline Storage Cost Model (CO2_S_COM), a technoeconomic model of storage of CO2 in a deep, subsurface saline formation. The results of applying CO2_T_COM to calculate break-even CO2 prices to transport CO2 at different mass flow rates and different distances are presented. Similarly, CO2_S_COM is used to calculate the break-even CO2 price for storing CO2 in 314 potential storage formations across the US. These break-even prices are used to construct cost-supply curves for CO2 storage which are presented on a national and regional basis. CO2_T_COM and CO2_S_COM are the most comprehensive open source technoeconomic models available for analyzing CO2 pipeline transport and CO2 saline storage. To be presented at the SPE?AAPG/SEG Carbon Capture Utilization and Storage Conference in Houston, TX, March 11-13, 2024.