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Unlocking the carbon value chain

Project COLOSSUS:​ Carbon capture, offloading, onshore storage, utilisation and permanent storage

Completed

Project overview

Timeline

Start 4Q 2023 • End 2Q 2025

GCMD team members

Eng Kiong KOH

Lead

Bruno PIGA

Sanjay C KUTTAN

Prapisala THEPSITHAR

Wee Meng TAN

Partners

-

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Objective


To analyse the life cycle of greenhouse gas (GHG) emissions and costs associated with onboard carbon capture and storage (OCCS) across the entire carbon value chain. Life cycle assessment (LCA) is based on an OCCS system installed on a medium range tanker.

Project scope


• Analyse the total value chain CO2 emissions associated with adopting OCCS

• Estimate the carbon abatement cost considering different utilisation pathways

Highlights

End-to-end value chain perspective: LCA of OCCS solutions must account for GHG emissions across the carbon value chain, i.e., from upstream production of marine fuels to downstream final disposition of CO2 that is emitted from fuels combustion and captured onboard.

MEA-based OCCS more mature: Conventional monoethanolamine (MEA)-based OCCS is most mature, and its deployment on a heavy fuel oil (HFO)-fuelled ship can result in a well-to-wake (WtW) GHG emissions savings of 28.5% when the gross capture rate is 40%.

Using biofuels with OCCS: When biofuels (biodiesel, bio-LNG and bio-methanol) is used instead of HFO, the WtW GHG emissions savings range from 69% with bio-LNG up to 121% with biodiesel from used cooking oil.

Impact of transport and storage: Post-capture transport and permanent storage of CO2 add minimal GHG emissions to the WtW value (~1% of the baseline emissions) when the captured CO2 is transported for 1,000 km.

CO2 utilisation in concrete: Utilisation of captured CO2 to produce concrete can increase the GHG emissions savings from a base case of 28.5% to 60% across the carbon value chain because its use partially displaces the need for carbon-intensive cement.

CO2 utilisation in e-methanol production: Captured CO2 can be used to produce e-methanol with renewable electricity. With the base case of the OCCS vessel reducing its GHG emissions by 28.5%, the vessel consuming the e-methanol produced from this captured carbon can claim a GHG emissions savings of 17% (due to use of renewable electricity).

Cost of avoided carbon: The cost of avoided carbon for OCCS with permanent storage is USD 269-405/tCO2 for a 40% gross capture rate onboard an mediaum range tanker, considering a full-scale, Nth-of-a-kind OCCS system with full heat recovery.

GHG fuel intensity (GFI) target compliance strategies for ships adopting OCCS and biofuels. OCCS technology is based on MEA capture and 40% gross capture rate, on a WtW basis. The values of GHG fuel intensity for biofuels are averaged based on different biomass sources and biofuel production processes. ZNZ (zero or near-zero) threshold is the GFI value below which ships are eligible for financial rewards.

Report: Project COLOSSUS-Life cycle assessment of GHG emissions and cost analysis of OCCS across the carbon value chain

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