A methodology for value chain assessment of CCS projects

AbstractThe purpose of this paper is to describe a methodology for assessing the impact of different risks and uncertainties on the financial output of a carbon capture and storage (CCS) project. The Value Chain Assessment (VCA) methodology is developed by DNV as a decision making tool for project developers to assess the financial feasibility of the investment and for alternative concepts. The methodology can be applied to optimize the financial result and the performance of a CCS project for a given level of risk. In this paper the VCA methodology is described and applied on a case study with a CCS project developer selecting between different capture technologies

The European CCS Demonstration Project Network — A forum for first movers

AbstractThe European CCS Demonstration Project Network was initiated by the European Commission in 2009. The main objective of the network is to accelerate development of CCS technologies by creating a forum for exchange and dissemination of new knowledge generated by the first large scale CCS plants in Europe. This paper provides an overview and understanding of the activities of the network and the political and theoretical context of their development. The paper focuses on how the Network has been structured to add value to demonstration projects and create vital new channels of information for enabling CCS demonstration and deployment to be advanced worldwide