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Starting A New CCUS Project – We can Help

You maybe a power plant  or an industry looking for reducing its carbon emission. Carbon capture, its transportation, utilization and and safe underground storage in geologic formations (CCUS) is one of many pathways of removing carbon emissions. Many industries can benefit from CCUS with varying degree of complexity including; fertilizer plants, natural gas processing (NGP), Bio-Refineries or Ethanol plants, chemical plants, refineries and upgraders, cement plant, steel plant etc.

What It takes to Start a CCS project?

First CCS projects are always a pilot, testing a technology, or regulatory hurdles, business models or venture interfaces. The eventual target is however to move from one-off project, and to upscale it to a basin wide solution with several sources and sinks (clusters & hubs) dressing wider emission reduction and reducing costs. The project efforts is in three focus areas: 

  1. Basic Data Science Driven - Technical & Data management Skills

  2. Venture Shaping: Business Driven - Multiple Interface & Coordination (main complexity/challenge)

    • Interfaces include capture (emitters), transporters (Pipeline or Shipping operator) & storage operators

  3. Asset Development Engineering & Project Management Driven / Skill

 

What are Some key Question Before Starting A CCS project?

We can help you get started by reviewing following challenges to help you make better decisions:

  1. Get an overview of your industry and understand what are the CCUS challenges?

  2. Develop an overview of CCS lifecycle and understand what you are getting into?

  3. Plan a one off CCUS project or scaling-up to an infrastructure projects?

  4. Pilot objectives & geographical location. First projects are a pilot, even in a mature industry ?

  5. Overview of learnings from past CCS projects and emerging trends in future projects?

  6. Understanding, uncertainties in regulatory environment & technology that can impact your project ?

  7. Select best business model to structure your project?

  8. Overview of capital & operating costs? What is their breakdown (capture, pipeline and storage ?

  9. The possible revenue models,  expected returns, cashflow, NPV and project economics?

  10. Federal and state programs (45Q, LCFS, Cap & Trade), how they can help generate emission credits?

  11. Voluntary Carbon Credits (VCC) and value in Voluntary Carbon Markets (VCM) vs Regulated Markets?

  12. Challenges and risks to the slow start to CCS as a pathway for emission reduction?