Joining the CCS club! The economics of CO2 pipeline projects》.pdfVIP

European Journal of Operational Research 247 (2015) 259–275 Contents lists available at ScienceDirect European Journal of Operational Research journal homepage: /locate/ejor Innovative Applications of O.R. Joining the CCS club! The economics of CO 2 pipeline projects Olivier Massol a,b,c,∗, Stéphane Tchung-Ming a,d, Albert Banal-Estañol c,e,f a IFP Énergies Nouvelles, 1-4 av. de Bois Préau, F-92852 Rueil-Malmaison, France b Center for Economics and Management, IFP School, 228-232 av. Napoléon Bonaparte, F-92852 Rueil-Malmaison, France c Department of Economics, City University London, Northampton Square, London EC1V 0HB, UK d CREDEN, Université de Montpellier I, Avenue Raymond Dugrand, F-34960 Montpellier, France e Department of Economics and Business, Universitat Pompeu Fabra, Ramon Trias Fargas 25-27, 08005 Barcelona, Spain f Public-Private Sector Research Center, IESE Business School, Av. Pearson 21, 08034 Barcelona, Spain a r t i c l e i n f o a b s t r a c t Article history: This paper examines the conditions for a widespread adoption of Carbon Capture transport and Storage (CCS) Received 12 November 2012 by a group of emitters that can be connected to a common CO2 pipeline. It details a modeling framework Accepted 13 May 2015 aimed at assessing the critical value in the charge for the CO2 emissions required for each of the emitters to Available online 23 May 2015 decide to implement capture capabilities. This model can be used to analyze how the tariff structure impos