Assessing the Socio-Economic Effects of Carbon Capture, Utility and Storage Investment From the Perspective of Carbon Neutrality in China

Article Thermodynamics

How to promote zero-carbon oilfield target? A technical-economic model to analyze the economic and environmental benefits of Recycle-CCS-EOR project

Xin Zhang et al.

Summary: This study evaluates the economic and environmental benefits of the Recycle-CCS-EOR project through simulations of four scenarios in real-world oilfields. The results demonstrate its significant profitability potential and advantages in reducing carbon emissions.

ENERGY (2021)

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Article Green & Sustainable Science & Technology

How much impact will low oil price and carbon trading mechanism have on the value of carbon capture utilization and storage (CCUS) project? Analysis based on real option method

Boqiang Lin et al.

Summary: Under climate change policy restrictions, carbon capture utilization and storage (CCUS) provides a feasible way for developing countries to meet energy demand and reduce carbon dioxide emissions. The uncertainty of CCUS-EOR development is influenced by economic factors such as low oil prices, but carbon trading mechanisms can enhance the value and potential investment success of CCUS projects. Higher carbon and oil prices are needed to accelerate optimal investment in CCUS projects, highlighting the importance of establishing and improving carbon trading mechanisms for promoting CCUS-EOR investment.

JOURNAL OF CLEANER PRODUCTION (2021)

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Article Green & Sustainable Science & Technology

The full chain demonstration project in China-Status of the CCS development in coal-fired power generation in GuoNeng Jinjie

Rui Zhao et al.

Summary: Carbon Capture and Storage (CCS) is crucial for achieving global CO2 reduction goals, and China is constructing the largest CCS demonstration project. The project utilizes advanced technology to reduce energy consumption and operating costs.

INTERNATIONAL JOURNAL OF GREENHOUSE GAS CONTROL (2021)

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Article Environmental Sciences

Assessment of potential, cost, and environmental benefits of CCS-EWR technology for coal-fired power plants in Yellow River Basin of China

Mao Xu et al.

Summary: This study demonstrates that CCS-EWR technology has promising application prospects in China, contributing to carbon emission reduction and water resource increase. More policy support is needed to facilitate its deployment under the dual constraints of carbon-neutral targets and water shortages.

JOURNAL OF ENVIRONMENTAL MANAGEMENT (2021)

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Review Green & Sustainable Science & Technology