HU Yongle, HAO Mingqiang. Development characteristics and cost analysis of CCUS in China[J]. Petroleum Reservoir Evaluation and Development, 2020, 10(3): 15-22.
DOI:
HU Yongle, HAO Mingqiang. Development characteristics and cost analysis of CCUS in China[J]. Petroleum Reservoir Evaluation and Development, 2020, 10(3): 15-22. DOI: 10.13809/j.cnki.cn32-1825/te.2020.03.002.
Development characteristics and cost analysis of CCUS in China
of which the projects are gradually turning from single-section items to whole-industry ones. The target of capture has expanded from power plants and natural gas processing to steel
cement
kerosene
fertilizers and hydrogen production. At present
there are five major ways to drive the industry: government and public funds
national incentive policies
taxation
mandatory emission reduction policies and carbon trading. In China
the CO
2
emitting enterprises are mainly power plants
cement
steel and coal chemicals
accounting for 92 % of the total emissions. According to the concentration
the low concentration CO
2
emission sources are mainly from power plants
cement
steel and refining and chemical industries
that with high concentration are mainly from coal chemical industry
synthetic ammonia and calcium carbide
and that with medium concentration is mainly from the polyethylene industry. The first are the majority
while the latter two are relatively few. Costs of CO
2
sources are comprised of three main parts: capture cost
compression cost and transportation cost
all of which are affected by the scale of capture. Meanwhile
the cost of capture is also related to the concentration of emission source. For the type of high CO
2
concentration
the expense of compression takes the lead in accounting. And capture cost is for the low CO
2
concentration type. As the tolerance of CO
2
cost is lower than source cost for most oilfields
it is necessary to seek ways like technology
policies or markets to fill the gap and promote the sustainable development.