Techno-economic modelling and analysis of CO2 pipelines

Nima Ghazi, Julia M. Race

Research output: Contribution to conferencePaper

3 Citations (Scopus)

Abstract

The main focus of this paper is on techno-economic modeling and analysis of CO2 pipelines, as it strives to develop a thorough understanding of the essential fluid-mechanics variables involved in modeling and analysis of such pipelines. The authors investigate and analyze the reasons behind the variations in the techno-economic results generated from seven different techno-economic models which are commonly used for construction and operation of CO2 pipelines. Such variations often translate into tens or, at times, hundreds of millions of dollars in terms of initial financial estimates at the Pre-FEED (Front End Engineering Design) or FEED stages for Carbon Capture and Storage (CCS) projects. Variations of this magnitude can easily bring much unwanted uncertainty to the feasibility of a CO2 pipeline project and they can potentially cause a major over or under estimation of the project's true costs. The summary of a detailed analysis and assessment for these seven existing techno-economic models for CO2 pipeline transport has been presented in this paper. The analysis conducted indicates that some of these models are essentially identical and are rooted in similar fluid mechanics theories and assumptions. This type of analysis assists with explaining and narrowing down the variability of the models' results. Based on these analyses, a refined and more accurate model was established and the development process was explained. The refined model uses the Reynolds number, Colebrook-White equation using the Darcy friction factor, and the Darcy-Weisbach pressure drop equation to establish the most accurate measure for the pipe's diameter. To assess the CO2 pipeline's total capital cost, total annual cost, and the levelized transport cost, a statistical regression analysis approach was suggested and the adjusted-r2 measure was proposed to assess the goodness-of-the-fit of the generated cost function. The accuracy of the new techno-economic model was validated with the figures of a proposed CO 2 infrastructure project in the United Kingdom and also through hydraulic modeling. Copyright

Conference

Conference9th International Pipeline Conference, IPC 2012
CountryCanada
CityCalgary, Alberta
Period24/09/1228/09/12

Fingerprint

Pipelines
Economics
Economic Model
Modeling
Fluid Mechanics
Costs
Fluid mechanics
Pressure Drop
Carbon capture
Engineering Design
Regression Analysis
Hydraulics
Model
Development Process
Annual
Statistical Analysis
Reynolds number
Cost Function
Friction
Figure

Keywords

  • carbon capture and storage
  • Darcy friction factor
  • front-end engineering designs
  • infrastructure project
  • investigate and analyze
  • modelling and analysis
  • pressure drop equations
  • statistical regression analysis
  • carbon capture
  • costs
  • economic analysis
  • fluid mechanics
  • mathematical models
  • pipelines
  • project management
  • regression analysis
  • Reynolds number
  • carbon dioxide

Cite this

Ghazi, N., & Race, J. M. (2012). Techno-economic modelling and analysis of CO2 pipelines. 189-198. Paper presented at 9th International Pipeline Conference, IPC 2012, Calgary, Alberta, Canada. https://doi.org/10.1115/IPC2012-90455
Ghazi, Nima ; Race, Julia M. / Techno-economic modelling and analysis of CO2 pipelines. Paper presented at 9th International Pipeline Conference, IPC 2012, Calgary, Alberta, Canada.10 p.
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abstract = "The main focus of this paper is on techno-economic modeling and analysis of CO2 pipelines, as it strives to develop a thorough understanding of the essential fluid-mechanics variables involved in modeling and analysis of such pipelines. The authors investigate and analyze the reasons behind the variations in the techno-economic results generated from seven different techno-economic models which are commonly used for construction and operation of CO2 pipelines. Such variations often translate into tens or, at times, hundreds of millions of dollars in terms of initial financial estimates at the Pre-FEED (Front End Engineering Design) or FEED stages for Carbon Capture and Storage (CCS) projects. Variations of this magnitude can easily bring much unwanted uncertainty to the feasibility of a CO2 pipeline project and they can potentially cause a major over or under estimation of the project's true costs. The summary of a detailed analysis and assessment for these seven existing techno-economic models for CO2 pipeline transport has been presented in this paper. The analysis conducted indicates that some of these models are essentially identical and are rooted in similar fluid mechanics theories and assumptions. This type of analysis assists with explaining and narrowing down the variability of the models' results. Based on these analyses, a refined and more accurate model was established and the development process was explained. The refined model uses the Reynolds number, Colebrook-White equation using the Darcy friction factor, and the Darcy-Weisbach pressure drop equation to establish the most accurate measure for the pipe's diameter. To assess the CO2 pipeline's total capital cost, total annual cost, and the levelized transport cost, a statistical regression analysis approach was suggested and the adjusted-r2 measure was proposed to assess the goodness-of-the-fit of the generated cost function. The accuracy of the new techno-economic model was validated with the figures of a proposed CO 2 infrastructure project in the United Kingdom and also through hydraulic modeling. Copyright",
keywords = "carbon capture and storage, Darcy friction factor, front-end engineering designs, infrastructure project, investigate and analyze, modelling and analysis, pressure drop equations, statistical regression analysis, carbon capture, costs, economic analysis, fluid mechanics, mathematical models, pipelines, project management, regression analysis, Reynolds number, carbon dioxide",
author = "Nima Ghazi and Race, {Julia M.}",
note = "Bachu, S. (2011), Private e-mail communication with N. Ghazi, May 6, 2011Beggs, H.D., Brill, J.P., A study of two phase flow in inclined pipes (1973) Journal of Petroleum Technology, 25, pp. 607-617; (2009) CCS Network to the Future Report, , http://www.co2sense.org.uk/uploads/public/CCS{\%}20Brochure.pdf, CO2Sense Yorkshire (Accessed: 20 April 2010); (2010) International Energy Outlook, , http://www.eia.doe.gov/oiaf/ieo/world.html, Energy Information Administration - US Department of Energy (Accessed: 10 April 2011); Gale, J., Davidson, J., Transmission of CO2-safety and economic consideration (2004) Energy Progress, 6 (4), p. 219; Heddle, G., Herzog, H., Klett, M., (2003) The Economics of CO2 Storage, p. 115. , http://sequestration.mit.edu/pdf/LFEE_2003-003_RP.pdf, MIT LFEE 2003-003 RP (Accessed: 21 March 2010); Hendriks, N., Wildenborg, T., Feron, P., Graus, T., Brandsma, R., EC-case carbon dioxide sequestration M70066 (2003) Ecofys; (2004) ASPEN HYSYS 2004.2 - AspenONE, AspenTECH, , www.aspentech.com, HYSYS; (2002) Transmission of CO2 and Energy, , IEA IEA Greenhouse Gas R&D Programme, Report no. PH4/6; (2005) Building the Cost Curves for CO2 Storage: European Sector, , IEA IEA Greenhouse Gas R&D Programme, Report no. 2005/2; (2005) Building the Cost Curves for CO2 Storage: North America, , IEA IEA Greenhouse Gas R&D Programme, Report no. 2005/3; (2011) Advanced Carbon Capture, SRI Consulting Process Economics Program Report, , http://press.ihs.com/press-release/energy-power/advanced-carbon-capture- technologies-coal-fired-emissions-improved-still-, IHS (Accessed: 12 April 2011); Metz, B., Davidson, O., De Coninck, H., Loos, M., Meyer, L., (2005) IPCC, p. 431. , Cambridge University Press, UK; (2002) KMP Annual Report Number10-K405SEC, , Kinder Morgan Energy Partners; McCollum, D., Ogden, J., (2006) Techno-Economic Models for Carbon Dioxide Compression, Transport, and Storage & Correlations for Estimating Carbon Dioxide Density and Viscosity, , Institute of Transportation Studies: University of California, Davis UCD-ITS-RR-06-14; McCoy, S., Rubin, E., (2007) An Engineering-Economic Model of Pipeline Transport of CO2 with Application to Carbon Capture and Storage, , Department of Engineering and Public Policy: Carnegie Mellon University, Pittsburgh; Menon, E., (2004) Liquid Pipeline Hydraulics, , New York: Marcel Dekker, Inc; Mohitpour, M., Golshan, H., Murray, A., (2007) Pipeline Design & Construction: A Practical Approach, , 3rd edn. New York: ASME Press; Ogden, J., Yang, C., Johnson, N., Ni, J., Johnson, J., (2004) Conceptual Design of Optimized Fossil Energy Systems with Capture and Sequestration of Carbon Dioxide, , Report to the U.S. Department of Energy National Energy Technology Laboratory; Peng, D.Y., Robinson, D.B., A new two-constant equation of state (1976) Industrial and Engineering Chemistry: Fundamentals, 15, pp. 59-64; Rennie, A., Understanding the case for shipping versus pipeline transportation for CCS clusters by AMEC (2010) CO2 Shipping Conference, , http://www.carboncapturejournal.com, London 6 May. Carbon Capture Journal (Accessed: 15 June 2010); Seevam, P., Race, J., Downie, M.J., Hopkins, P., Transporting the next generation of CO2 for carbon, capture and storage: The impact of impurities on supercritical CO2 pipelines (2008) 7th International Pipeline Conference, , Calgary, Canada; Watt, J., Transport for captured CO2 (2010) First International CO2 Pipeline Conference, , Hilton Hotel, Gateshead 1-2 July. AMEC, UK Yorkshire Forward 2009; A Carbon Capture and Storage Network for Yorkshire and Humber, , www.yorkshire-forward.com, prepared by AMEC, Darlington, United Kingdom (Accessed: 21 April 2010); Zigrang, D.J., Sylvester, N.D., Explicit approximations to the solution of colebrook friction factor equation (1982) AIChE Journal, 28 (3), pp. 514-515; 9th International Pipeline Conference, IPC 2012 ; Conference date: 24-09-2012 Through 28-09-2012",
year = "2012",
doi = "10.1115/IPC2012-90455",
language = "English",
pages = "189--198",

}

Ghazi, N & Race, JM 2012, 'Techno-economic modelling and analysis of CO2 pipelines' Paper presented at 9th International Pipeline Conference, IPC 2012, Calgary, Alberta, Canada, 24/09/12 - 28/09/12, pp. 189-198. https://doi.org/10.1115/IPC2012-90455

Techno-economic modelling and analysis of CO2 pipelines. / Ghazi, Nima; Race, Julia M.

2012. 189-198 Paper presented at 9th International Pipeline Conference, IPC 2012, Calgary, Alberta, Canada.

Research output: Contribution to conferencePaper

TY - CONF

T1 - Techno-economic modelling and analysis of CO2 pipelines

AU - Ghazi, Nima

AU - Race, Julia M.

N1 - Bachu, S. (2011), Private e-mail communication with N. Ghazi, May 6, 2011Beggs, H.D., Brill, J.P., A study of two phase flow in inclined pipes (1973) Journal of Petroleum Technology, 25, pp. 607-617; (2009) CCS Network to the Future Report, , http://www.co2sense.org.uk/uploads/public/CCS%20Brochure.pdf, CO2Sense Yorkshire (Accessed: 20 April 2010); (2010) International Energy Outlook, , http://www.eia.doe.gov/oiaf/ieo/world.html, Energy Information Administration - US Department of Energy (Accessed: 10 April 2011); Gale, J., Davidson, J., Transmission of CO2-safety and economic consideration (2004) Energy Progress, 6 (4), p. 219; Heddle, G., Herzog, H., Klett, M., (2003) The Economics of CO2 Storage, p. 115. , http://sequestration.mit.edu/pdf/LFEE_2003-003_RP.pdf, MIT LFEE 2003-003 RP (Accessed: 21 March 2010); Hendriks, N., Wildenborg, T., Feron, P., Graus, T., Brandsma, R., EC-case carbon dioxide sequestration M70066 (2003) Ecofys; (2004) ASPEN HYSYS 2004.2 - AspenONE, AspenTECH, , www.aspentech.com, HYSYS; (2002) Transmission of CO2 and Energy, , IEA IEA Greenhouse Gas R&D Programme, Report no. PH4/6; (2005) Building the Cost Curves for CO2 Storage: European Sector, , IEA IEA Greenhouse Gas R&D Programme, Report no. 2005/2; (2005) Building the Cost Curves for CO2 Storage: North America, , IEA IEA Greenhouse Gas R&D Programme, Report no. 2005/3; (2011) Advanced Carbon Capture, SRI Consulting Process Economics Program Report, , http://press.ihs.com/press-release/energy-power/advanced-carbon-capture- technologies-coal-fired-emissions-improved-still-, IHS (Accessed: 12 April 2011); Metz, B., Davidson, O., De Coninck, H., Loos, M., Meyer, L., (2005) IPCC, p. 431. , Cambridge University Press, UK; (2002) KMP Annual Report Number10-K405SEC, , Kinder Morgan Energy Partners; McCollum, D., Ogden, J., (2006) Techno-Economic Models for Carbon Dioxide Compression, Transport, and Storage & Correlations for Estimating Carbon Dioxide Density and Viscosity, , Institute of Transportation Studies: University of California, Davis UCD-ITS-RR-06-14; McCoy, S., Rubin, E., (2007) An Engineering-Economic Model of Pipeline Transport of CO2 with Application to Carbon Capture and Storage, , Department of Engineering and Public Policy: Carnegie Mellon University, Pittsburgh; Menon, E., (2004) Liquid Pipeline Hydraulics, , New York: Marcel Dekker, Inc; Mohitpour, M., Golshan, H., Murray, A., (2007) Pipeline Design & Construction: A Practical Approach, , 3rd edn. New York: ASME Press; Ogden, J., Yang, C., Johnson, N., Ni, J., Johnson, J., (2004) Conceptual Design of Optimized Fossil Energy Systems with Capture and Sequestration of Carbon Dioxide, , Report to the U.S. Department of Energy National Energy Technology Laboratory; Peng, D.Y., Robinson, D.B., A new two-constant equation of state (1976) Industrial and Engineering Chemistry: Fundamentals, 15, pp. 59-64; Rennie, A., Understanding the case for shipping versus pipeline transportation for CCS clusters by AMEC (2010) CO2 Shipping Conference, , http://www.carboncapturejournal.com, London 6 May. Carbon Capture Journal (Accessed: 15 June 2010); Seevam, P., Race, J., Downie, M.J., Hopkins, P., Transporting the next generation of CO2 for carbon, capture and storage: The impact of impurities on supercritical CO2 pipelines (2008) 7th International Pipeline Conference, , Calgary, Canada; Watt, J., Transport for captured CO2 (2010) First International CO2 Pipeline Conference, , Hilton Hotel, Gateshead 1-2 July. AMEC, UK Yorkshire Forward 2009; A Carbon Capture and Storage Network for Yorkshire and Humber, , www.yorkshire-forward.com, prepared by AMEC, Darlington, United Kingdom (Accessed: 21 April 2010); Zigrang, D.J., Sylvester, N.D., Explicit approximations to the solution of colebrook friction factor equation (1982) AIChE Journal, 28 (3), pp. 514-515

PY - 2012

Y1 - 2012

N2 - The main focus of this paper is on techno-economic modeling and analysis of CO2 pipelines, as it strives to develop a thorough understanding of the essential fluid-mechanics variables involved in modeling and analysis of such pipelines. The authors investigate and analyze the reasons behind the variations in the techno-economic results generated from seven different techno-economic models which are commonly used for construction and operation of CO2 pipelines. Such variations often translate into tens or, at times, hundreds of millions of dollars in terms of initial financial estimates at the Pre-FEED (Front End Engineering Design) or FEED stages for Carbon Capture and Storage (CCS) projects. Variations of this magnitude can easily bring much unwanted uncertainty to the feasibility of a CO2 pipeline project and they can potentially cause a major over or under estimation of the project's true costs. The summary of a detailed analysis and assessment for these seven existing techno-economic models for CO2 pipeline transport has been presented in this paper. The analysis conducted indicates that some of these models are essentially identical and are rooted in similar fluid mechanics theories and assumptions. This type of analysis assists with explaining and narrowing down the variability of the models' results. Based on these analyses, a refined and more accurate model was established and the development process was explained. The refined model uses the Reynolds number, Colebrook-White equation using the Darcy friction factor, and the Darcy-Weisbach pressure drop equation to establish the most accurate measure for the pipe's diameter. To assess the CO2 pipeline's total capital cost, total annual cost, and the levelized transport cost, a statistical regression analysis approach was suggested and the adjusted-r2 measure was proposed to assess the goodness-of-the-fit of the generated cost function. The accuracy of the new techno-economic model was validated with the figures of a proposed CO 2 infrastructure project in the United Kingdom and also through hydraulic modeling. Copyright

AB - The main focus of this paper is on techno-economic modeling and analysis of CO2 pipelines, as it strives to develop a thorough understanding of the essential fluid-mechanics variables involved in modeling and analysis of such pipelines. The authors investigate and analyze the reasons behind the variations in the techno-economic results generated from seven different techno-economic models which are commonly used for construction and operation of CO2 pipelines. Such variations often translate into tens or, at times, hundreds of millions of dollars in terms of initial financial estimates at the Pre-FEED (Front End Engineering Design) or FEED stages for Carbon Capture and Storage (CCS) projects. Variations of this magnitude can easily bring much unwanted uncertainty to the feasibility of a CO2 pipeline project and they can potentially cause a major over or under estimation of the project's true costs. The summary of a detailed analysis and assessment for these seven existing techno-economic models for CO2 pipeline transport has been presented in this paper. The analysis conducted indicates that some of these models are essentially identical and are rooted in similar fluid mechanics theories and assumptions. This type of analysis assists with explaining and narrowing down the variability of the models' results. Based on these analyses, a refined and more accurate model was established and the development process was explained. The refined model uses the Reynolds number, Colebrook-White equation using the Darcy friction factor, and the Darcy-Weisbach pressure drop equation to establish the most accurate measure for the pipe's diameter. To assess the CO2 pipeline's total capital cost, total annual cost, and the levelized transport cost, a statistical regression analysis approach was suggested and the adjusted-r2 measure was proposed to assess the goodness-of-the-fit of the generated cost function. The accuracy of the new techno-economic model was validated with the figures of a proposed CO 2 infrastructure project in the United Kingdom and also through hydraulic modeling. Copyright

KW - carbon capture and storage

KW - Darcy friction factor

KW - front-end engineering designs

KW - infrastructure project

KW - investigate and analyze

KW - modelling and analysis

KW - pressure drop equations

KW - statistical regression analysis

KW - carbon capture

KW - costs

KW - economic analysis

KW - fluid mechanics

KW - mathematical models

KW - pipelines

KW - project management

KW - regression analysis

KW - Reynolds number

KW - carbon dioxide

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Ghazi N, Race JM. Techno-economic modelling and analysis of CO2 pipelines. 2012. Paper presented at 9th International Pipeline Conference, IPC 2012, Calgary, Alberta, Canada. https://doi.org/10.1115/IPC2012-90455