Carbon Capture and Geological Storage (CCS) in Brazil as a Project under the Clean Development Mechanism (CDM)

Felipe Dias; Victor Esteves; Estevão Freire; Claudia Morgado

doi:10.4028/www.scientific.net/AMM.316-317.586

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Primary Studies on the Offshore Oil Spill Detection System Using the Satellite Remote Sensing Technology Developed by China National Offshore Oil Corporation
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Carbon Capture and Geological Storage (CCS) in Brazil as a Project under the Clean Development Mechanism (CDM)
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HomeApplied Mechanics and MaterialsApplied Mechanics and Materials Vols. 316-317Carbon Capture and Geological Storage (CCS) in...

Carbon Capture and Geological Storage (CCS) in Brazil as a Project under the Clean Development Mechanism (CDM)

Abstract:

The carbon capture and geological storage technology (CCGS) is an efficient way of reducing emissions of greenhouse gases. With the inclusion of CCGS as Clean Development Mechanism (CDM) project activity, companies will invest more on CCGS projects due to the possibility of generating Certificated Emission Reduction (CER). This paper study the economic feasibility of a CCGS project as a CDM activity, applied to the Campos Basin in Brazil, considering all annual costs related to capture, transport and storage and the revenue originated from the sale of CERs and the extra oil that only could be produced through enhanced oil recovery (EOR).

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Periodical:

Applied Mechanics and Materials (Volumes 316-317)

Pages:

586-589

DOI:

https://doi.org/10.4028/www.scientific.net/AMM.316-317.586

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Online since:

April 2013

Authors:

Felipe Dias, Victor Esteves, Estevão Freire, Claudia Morgado

Keywords:

Carbon Capture, Clean Development Mechanism, Enhanced Oil Recovery (EOR), Geological Storage

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References

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