ecco tool - sintef · ecco tool tool for the analysis of ccs value chains sigurd weidemann løvseth...
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ECCO ToolTool for the Analysis of CCS Value
Chains
Sigurd Weidemann Løvseth / Per Eilif Wahl, SINTEF Energy Research
ECCO Public ConferenceTrondheim, Norway – 14th June 2011
Contract no. 218868
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Outline
ECCO Tool ObjectiveCase Elements ImplementationUser Interface and SpecificationsOutput
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Calculation of economic performance indicators of CO2 value chains
Perspective:− Chain Units− Actor− System / Case wide
Supporting− Multiple Assets− Network− Changes along timeline
Should model dependencies
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Pip
elin
e 4
ECCO Tool - Objective
Power Plant w/ Capture
Pip
elin
e 1
EOR Field
Pip
elin
e 2
Steel Mill w/ Capture
Pipe 3Aquifer
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Case: Defining ElementsMacro-economic data
− Quantification of scenarios− Regional: All chain units and actors belong to
a region Value chain network definition
− Chain units and their locations and interconnections
Properties of chain unitsContracts Actors / Ownership / Taxes
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Relations Between Chain Units: ContractsContracts specifies relations between
chain units:− Physical CO2 flows− Payments
No competition / no automated decisions− It is assumed that contractual flows and
payments are enforcedTool performs consistency check
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Actors
Controls a single or multiple value chain units− 1 → many relationship
Ownership can vary with timeTaxes and discount rates are actor
specific
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Implementation: Modularization
Core
Source Transport Storage
Macro-Economic Module
Techno-EconomicModules
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Macro-Economic Module
Defines all prices and indices needed for calculation of key performance indicators, e.g:− Oil price− Interest rate− CO2 Quota Price
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Techno-Economic ModulesUsed to create chain unitsTypes:
− Source (PEL / IFP): The same module used for multiple types of sources
− Transport (PEL / IFP)PipelineShipping
− Storage (TNO)EORDGF / AQF
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Implementation: C# code and Excel InterfaceExcel Add-In for
− Excel 2003− Excel 2007
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Specifications
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Case Workbook
Chain Unit Workbooks Contracts WorkbooksPrices and Indices
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Case Workbook
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Case Workbook Specifications Basic Data:
− Temporal data, e.g. analysis period− Reference to macro-economic data (work book)
Reference to chain unit workbooks Reference to contract workbooks Define actors Tax Parameters Discount Rates
Define network and connections
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Prices and Indices Workbook
Defines all prices and indices necessary to calculate KPIs of Chain Units
ECCO Scenarios Implemented Region / User Customable
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Chain Unit Workbooks
One for each chain unit requiredWorkbook
specific to type
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Contract Workbooks
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Define all payments and flows between chain unitsOne workbook
per source / recipient pair Includes
transport specification
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Output Workbook
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Output
KPIs for:− Case− Actors− Chain Units
Inconsistency WarningsNetwork (Excel 2007 version)
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Output Workbook: Network Sheet
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KPI ExamplesCashflows
− Discounted and undiscounted− Revenues / Opex / Capex / Net Tax / − Costs of: Quotas / Capture / Storage / Avoided CO2− NPV /IRR
EmploymentCO2 Captured / Transported / Stored / AvoidedElectricity and Oil ProducedEnergy Consumption
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Summary
ECCO Tool: Calculation of key performance indicators of CCS value chainsOutput on case, actor and chain unit levelMacro-EconomicsSimple chains -> NetworksModularized design
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