The cost estimation of CO2 pipeline transport for the offshore CCS in Korea

Abstract

This study estimates the CO2 pipeline transport cost and corresponding pipeline designs which is applicable for the offshore CCS in Korea. The CO2 capture plants of Scenario 1 and 2 are Boryeong power plant, and both Boryeong and Samcheok power plants, respectively. The offshore storage site of all Scenarios is fixed to Ulleung basin. The estimated transport costs of Scenario 1 at transport rate of 1 MtCO2/y and at 3 MtCO2/y are ∼ USD 18 /tCO2 and ∼ USD 9/tCO 2, respectively. In the case of Scenario 2 at capture rates of 1 MtCO2/y at each capture plants, the transport cost is USD ∼13 /tCO2. Copyright ？ 2014 by the International Society of Offshore and Polar Engineers (ISOPE).