Transport and Storage Economics of CCS by Daniel Loeve and Filip Neele
CCS has been identified as an important technology to achieve the ambitious emissions targets and low-carbon industrial growth plans in the Netherlands and the Flemish region in Belgium. The project landscape is taking shape and a number of large-scale demonstration projects and industry-led initiatives in the region are progressing towards a common user CO2 transport and storage concept behind the belief that commercial deployment of CCS on a network basis would result in lower user costs, lower system redundancy and accelerated investment in capture facilities. These and other near term projects in other regions, however, are faced with urgent decisions on the design and technical specifications of their CO2 offtake infrastructure. Given the incremental costs facing anchor projects in a network project relative to point to point solutions, there is significant potential for misalignment of projects currently under development relative to the requirement of future network systems.