Carbon Capture and Utilization in the Industrial Sector

Peter C. Psarras, Stephen Comello, Praveen Bains, Panunya Charoensawadpong, Stefan J. Reichelstein and Jennifer Wilcox
Additional contact information
Peter C. Psarras: Colorado School of Mines
Stephen Comello: Stanford University
Praveen Bains: Stanford University
Panunya Charoensawadpong: Stanford University
Stefan J. Reichelstein: Stanford University
Jennifer Wilcox: Colorado School of Mines

Research Papers from Stanford University, Graduate School of Business

Abstract: The fabrication and manufacturing of industrial commodities such as iron, glass and cement is carbon-intensive. A major reason capture of carbon dioxide from flue gases of industrial processes has not been widely adopted as a climate mitigation strategy is due to the lack of economic incentives for capturing CO2 on a scale that will impact climate. Yet, abatement opportunities do exist for the industrial sector, provided the scale of such processes is aligned well with CO2 utilization. This is important given that this sector accounts for 23% of total global emissions. This work develops a model that examines the full cost of separating, compressing and transporting CO2 of various industrial processes (sources), and pairing them with appropriate utilization opportunities (sinks). We find that--given the relatively higher concentrations of CO2 in flue gases from industrial processes--the full cost of abatement is lower than that of the power sector. Further, we find truck transportation is generally the low-cost alternative compared to pipeline transport for small volumes indicative of this kind of capture activity (100 kt CO2/a). We apply this methodology to a regional case study, which shows steel and cement manufacturing as having the lowest levelized cost of abatement.

Date: 2017-08
New Economics Papers: this item is included in nep-ene, nep-env and nep-reg
References: Add references at CitEc
Citations: View citations in EconPapers (17)

Downloads: (external link)
https://www.gsb.stanford.edu/gsb-cmis/gsb-cmis-download-auth/429156
Our link check indicates that this URL is bad, the error code is: 404 Not Found

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ecl:stabus:repec:ecl:stabus:3493

Access Statistics for this paper

More papers in Research Papers from Stanford University, Graduate School of Business Contact information at EDIRC.
Bibliographic data for series maintained by (workingpapers@econlit.org).