Research and analysis

Shipping carbon dioxide (CO2): UK cost estimation study

Study on the potential role of shipping CO2 in reducing the cost of carbon capture, usage and storage (CCUS) in the UK.

• From: Department for Energy Security and Net Zero and Department for Business, Energy & Industrial Strategy
• Published: 28 November 2018

Documents

Shipping CO2: UK cost estimation study

PDF, 3.23 MB, 65 pages

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CO2 shipping cost model

4.3 MB

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Details

This study undertaken by Element Energy on behalf of BEIS looks at the potential role that shipping carbon dioxide (CO2) could play in reducing the cost of carbon capture, usage and storage (CCUS) in the UK.

The study:

• estimates costs of shipping CO2 from different terminals, and at a range of scales, to geological CO2 storage sites in the UK, and elsewhere
• identifies the opportunities shipping could bring to the UK, including circumstances in which shipping costs may represent value for money in the UK relative to fixed pipelines
• identifies barriers to CO2 shipping which must be navigated to develop this industry

Published 28 November 2018