KEPCO Journal on Electric Power and Energy

Korea Electric Power Corporation (한국전력공사)
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Technical and Economic Assessment of CO2 Transportation Options for Large-scale Integrated Carbon Capture & Sequestration(CCS) Project in South Korea

  • Lee, Ji Hyun (KEPCO Research Institute, Korea Electric Power Corporation) ;
  • Kim, Beom-Ju (KEPCO Research Institute, Korea Electric Power Corporation) ;
  • Kwak, No Sang (KEPCO Research Institute, Korea Electric Power Corporation) ;
  • Shim, Jae-Goo (KEPCO Research Institute, Korea Electric Power Corporation) ;
  • Shin, Su Hyun (KEPCO Research Institute, Korea Electric Power Corporation) ;
  • Hwang, Sun-Na (KEPCO Research Institute, Korea Electric Power Corporation) ;
  • Lee, Jung-Hyun (KEPCO Research Institute, Korea Electric Power Corporation)
  • Received : 2017.03.16
  • Accepted : 2017.06.01
  • Published : 2017.06.30
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Abstract

In order to examine the feasibility of Carbon Capture & Sequestration, a major technological strategy for the national goal of greenhouse gas reduction, this paper studies the various methods and corresponding costs for the transportation of $CO_2$ captured at the domestic thermal power plants, as well as performing comparative analysis with overseas CCS demonstration projects. It is predicted that the investment cost would be about 98 million USD when the using land-based pipelines to transport captured $CO_2$ from the thermal power plant located in the south coast. And using marine-based offshore pipelines, it will cost about twice the amount. When the captured $CO_2$ is transported from the power plant in the west coast instead, the cost is expected to increase substantially due to the transportation distance to the storage site being more than double to that of the south coast power plant case.

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References

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