A Strategic Approach To Facility Carbon Capture Planning
Presented by: Ray Spence (Decision Frameworks)
Abstract:
Carbon capture and storage has increasingly become a viable option for net zero emissions goals. However, economic viability remains a significant hurdle. Government policies can ease this hurdle through capex grants, carbon emissions caps and trades, and tax credits. This case study utilizes public data to evaluate the business case for carbon capture on various emitting facilities such as petrochemical and power generation plants. Given the magnitude of future carbon policy uncertainty, this case study demonstrates an efficient approach to deterministic evaluation of carbon capture options under different existing and potential future policies. This allows determination of 1) which facilities are economically viable and 2) under which carbon policies is there a business case?