As global emission requirements for carbon dioxide (CO2) continue to become more stringent, existing and new thermal power projects, as well as industrial emitters, may look towards CO2 capture, utilization, and storage to remain viable and emission compliant.
This white paper highlights best practices and insights that Sargent & Lundy has identified during our engineering support of CO2 capture projects, with a focus on technology viability, plant integration, economics, CO2 offtake, project development, and permitting. The goal is to assist owners, financiers, and engineers in the due diligence and planning of CO2 capture projects. Our findings are based on our engineering support of approximately 60 CO2 capture projects completed or in progress since 2007, including the Petra Nova CO2 capture project, which is currently the largest CO2 capture project in the world.
There are many key considerations when performing due diligence of a CO2 capture project such as the balance-of-plant capital investment, impact on plant heat rate, proximity to potential CO2 offtakers, and local permitting restrictions. Sargent & Lundy has addressed these key considerations below through our extensive experience with thermal power plants, air pollution control integration, and previous feasibility, front-end engineering and design studies, and owner’s engineering support for CO2 capture systems.
Authors: Patrick Daou, Danielle Flagg, Eric Soderlund, and Matthew Thibodeau