Economics of carbon dioxide capture and utilization—a supply and demand perspective

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• 作者：Henriette Naims
• 关键词：Carbon capture and utilization ; Supply and demand scenarios ; Commodity CO2 ; Costs of CO2 capture ; Circular economy
• 刊名：Environmental Science and Pollution Research
• 出版年：2016
• 出版时间：November 2016
• 年：2016
• 卷：23
• 期：22
• 页码：22226-22241
• 全文大小：1,091 KB
• 刊物类别：Earth and Environmental Science
• 刊物主题：Environment
  Environment
  Atmospheric Protection, Air Quality Control and Air Pollution
  Waste Water Technology, Water Pollution Control, Water Management and Aquatic Pollution
  Industrial Pollution Prevention
  
• 出版者：Springer Berlin / Heidelberg
• ISSN：1614-7499
• 卷排序：23

文摘

Lately, the technical research on carbon dioxide capture and utilization (CCU) has achieved important breakthroughs. While single CO₂-based innovations are entering the markets, the possible economic effects of a large-scale CO₂ utilization still remain unclear to policy makers and the public. Hence, this paper reviews the literature on CCU and provides insights on the motivations and potential of making use of recovered CO₂ emissions as a commodity in the industrial production of materials and fuels. By analyzing data on current global CO₂ supply from industrial sources, best practice benchmark capture costs and the demand potential of CO₂ utilization and storage scenarios with comparative statics, conclusions can be drawn on the role of different CO₂ sources. For near-term scenarios the demand for the commodity CO₂ can be covered from industrial processes, that emit CO₂ at a high purity and low benchmark capture cost of approximately 33 €/t. In the long-term, with synthetic fuel production and large-scale CO₂ utilization, CO₂ is likely to be available from a variety of processes at benchmark costs of approx. 65 €/t. Even if fossil-fired power generation is phased out, the CO₂ emissions of current industrial processes would suffice for ambitious CCU demand scenarios. At current economic conditions, the business case for CO₂ utilization is technology specific and depends on whether efficiency gains or substitution of volatile priced raw materials can be achieved. Overall, it is argued that CCU should be advanced complementary to mitigation technologies and can unfold its potential in creating local circular economy solutions.