The Climate Ministry of Austria has launched a feasibility study to assess the viability of a carbon capture, utilization, and storage (CCUS) network in Austria.
The study involved identifying potential CO2 sources and sinks, designing a transportation route, conducting an economic analysis, and benchmarking against international CCS support measures, in order to create a national CO2 network.
The proposed CO2 network aims to serve two primary objectives:
Accelerating Early CCS Adoption: Facilitate the swift and cost-effective implementation of initial CCS projects in hard-to-abate industries.
Achieving Climate Neutrality: Mitigate unavoidable emissions by capturing, transporting, and storing biogenic CO2.
Under the Scenario 1 network concept, between 6 and 13 million tons of CO2 per year could be transported from various sources to Austrian and international geological storage sites between the 2030s and 2050.
The network would initially consist of individual CO2 pipelines, which would gradually be connected to form a larger, integrated system. CO2 sources would include hard-to-abate industries, as defined in the Austrian Carbon Management Strategy, and industrial facilities utilizing sustainable biomass.
The estimated cost of the entire CCS chain, from CO2 capture to storage, ranges from 150 to 250 euros per ton of CO2, based on the 2040/2050 scenario.
Factors such as CO2 concentration in flue gas and the availability of local storage sites significantly impact overall costs.
Pipeline-specific CO2 transportation costs are projected to be between 35 and 50 euros per ton of CO2.
source: carbon herald
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