FE/NETL CO2 Saline Storage Cost Model

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FE/NETL CO2 Saline Storage Cost Model

Cost_model.png FE/NETL CO2 Saline Storage Cost Model - implements the FE/NETL CO2 Saline Storage Cost Model, which calculates the net present value for a project that stores CO2 in a saline aquifer. The model includes the capital costs, operating costs, financing costs and revenues for the project. The model also includes the costs of addressing the EPA's requirements for Class VI injection wells, including financial responsibility. The model can calculate the break-even first year price (or cost) for storing a tonne of CO2 by finding the price that yields a net present value of zero for the project.

Macro_cost_model.png Macro Results from the FE/NETL CO2 Saline Storage Cost Model- is a supplementary file for the FE/NETL CO2 Saline Storage Cost Model spreadsheet file. The FE/NETL CO2 Saline Storage Cost Model spreadsheet contains an Excel macro that calculates the break-even first year price (or cost) for injection formations selected by the user from the injection formation database in the model. Each time the macro is run, the results for all selected formations are stored in a separate sheet within this supplementary file. For the macro to work correctly, this supplementary file must be stored in the folder where the FE/NETL CO2 Saline Storage Cost Model spreadsheet file is stored.

User_manual.png FE/NETL CO2 Saline Storage Cost Model: User's Manual - provides a description of the operation of the FE/NETL CO2 Saline Storage Cost Model.  A short discussion of each of the four modules comprising the cost model is provided.  Essential input data for each module and modeling results are explained in some detail. 

Energy_data_and_trend_analysis.png FE/NETL CO2 Saline Storage Cost Model: Model Description and Baseline Results- describes the FE/NETL CO2 Saline Storage Cost Model, and presents the assumptions and results for the Baseline Case. The Baseline Case provides an estimate of storage costs based on currently available technology.

Acquisition_and_development.png Acquisition and Development of Selected Cost Data for Saline Storage and Enhanced Oil Recovery (EOR) Operations - was prepared by Advanced Resources International and provides selected costs for the FE/NETL CO2 Saline Storage Cost Model and the FE/NETL CO2 EOR Storage Cost Model (currently under development).  Specifically, for CO2 storage in saline aquifers, the report presents cost data for surface equipment, including wellhead equipment, piping, booster pumps, and, where water is produced for pressure management, costs for water production, water injection, and associated surface treatment and wellhead equipment.  Comparable costs are provided for CO2 EOR operations, including the costs associated with oil and water production, CO2 and brine separation, and recycling or disposal of CO2 and brine.

Produced_waters.png Produced Waters: Expansion of the CO2 Saline Storage Cost Model - Development of Cost Data for Water Production, Utilization, and Disposal - focuses on:

  • Production/withdrawal of CO2 storage reservoir formation waters
  • Surface treatment of these waters for utilization and/or disposal

Seismic_data.png Summary of Costs Associated with Seismic Data Acquisition and Processing - provides cost data for seismic data acquisition and processing used in the FE/NETL CO2 Saline Storage Cost Model.  Cost data are presented for 2-D seismic, 3-D seismic, vertical seismic profiling, crosswell seismic and microseismic technologies.