This task conducts research to characterize or evaluate the economics of developing technologies or markets in geologic resources. Such research can analyze the relative risks, costs, and benefits from the utilization and not just the extraction of underground resource. Economic analysis builds upon the geologic resource assessment work by other tasks in the Utilization of Carbon and other Energy Gases – Geologic Research and Assessments project.
The objectives of this task are to conduct relevant research needed to:
- Develop pressure-limited dynamic models for regional CO2 storage assessments and economic evaluations
- Characterize and compare the full costs of supply of anthropogenic CO2 to EOR projects to full costs of the development and delivery of new sources of natural CO2
- Work with the geologic energy storage task in the development of characterization and screening criteria so results of proposed assessment is amenable to economic analysis
- Evaluate the economic limitations; relative risks, costs, and benefits; and other issues with current and potential methods and technologies for developing and utilizing reservoir thermal energy storage (RTES) resources
- Modify and update existing models to be able to contribute economic analyses of potential development of coal mine methane and abandoned mine methane production projects
Below are other science projects associated with this project.
Below are multimedia items associated with this project.
Below are publications associated with this project.
Risk, liability, and economic issues with long-term CO2 storage—A review
Play-level distributions of estimates of recovery factors for a miscible carbon dioxide enhanced oil recovery method used in oil reservoirs in the conterminous United States
A strategy for low cost development of incremental oil in legacy reservoirs
Profiles of reservoir properties of oil-bearing plays for selected petroleum provinces in the United States
National assessment of geologic carbon dioxide storage resources: methodology implementation
This task conducts research to characterize or evaluate the economics of developing technologies or markets in geologic resources. Such research can analyze the relative risks, costs, and benefits from the utilization and not just the extraction of underground resource. Economic analysis builds upon the geologic resource assessment work by other tasks in the Utilization of Carbon and other Energy Gases – Geologic Research and Assessments project.
The objectives of this task are to conduct relevant research needed to:
- Develop pressure-limited dynamic models for regional CO2 storage assessments and economic evaluations
- Characterize and compare the full costs of supply of anthropogenic CO2 to EOR projects to full costs of the development and delivery of new sources of natural CO2
- Work with the geologic energy storage task in the development of characterization and screening criteria so results of proposed assessment is amenable to economic analysis
- Evaluate the economic limitations; relative risks, costs, and benefits; and other issues with current and potential methods and technologies for developing and utilizing reservoir thermal energy storage (RTES) resources
- Modify and update existing models to be able to contribute economic analyses of potential development of coal mine methane and abandoned mine methane production projects
Below are other science projects associated with this project.
Below are multimedia items associated with this project.
Below are publications associated with this project.