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2013 | OriginalPaper | Buchkapitel

12. The Carbon Management Institute’s Integrated CO2 Storage/EOR Strategy: the Advantages of Deploying Innovative, Multiple-Resource Development Strategies Designed to Foster Sustainability of Energy and Environmental Resources

verfasst von : Ronald C. Surdam, Ramsey D. Bentley, Zunsheng Jiao

Erschienen in: Geological CO2 Storage Characterization

Verlag: Springer New York

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Abstract

The Powder River Basin (PRB) offers an opportunity to illustrate the advantages to Wyoming of deploying an innovative, multiple-resource development strategy designed to foster the sustainability of the state’s energy and environmental resources. Such a multiple resource development plan is based on viewing the PRB’s particular assemblage of energy/environmental resources as a synergistic system rather than a collection of disparate parts. This approach relies on synergistic relationships among resource elements in order to increase the efficiency of development, minimize environmental degradation, sustain long-term resource use, and maximize revenue to the state.
The key resource elements of an integrated development strategy for the PRB are:
  • Coal resources and mines (vast coal reserves)
  • A significant source of water (groundwater produced during coalbed methane development)
  • Coal-to-chemicals plants capable of capturing CO2 (located at mine-mouth sites)
  • Nearby CO2 storage sites (depleted, Cretaceous compartmentalized gas fields)
  • Depleted oil fields suitable for enhanced oil recovery (significant amounts of stranded oil)
  • CO2 storage in these depleted oil fields (doubling the geologic CO2 storage capacity)
By developing this suite of resource elements as a system, it would be possible to optimize the benefits to the energy industry while maximizing the sustainability of energy resource development, and maximizing state revenues for future generations. In addition, the strategy described here would reverse the regional trend of coal- and energy-related job loss. Most importantly, all of this resource development can be accomplished within the existing regulatory framework and without significantly increasing the industrial footprint. It is vital to our future that Wyoming seek new, more effective, efficient, and sustainable approaches to energy development.

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Metadaten
Titel
The Carbon Management Institute’s Integrated CO2 Storage/EOR Strategy: the Advantages of Deploying Innovative, Multiple-Resource Development Strategies Designed to Foster Sustainability of Energy and Environmental Resources
verfasst von
Ronald C. Surdam
Ramsey D. Bentley
Zunsheng Jiao
Copyright-Jahr
2013
Verlag
Springer New York
DOI
https://doi.org/10.1007/978-1-4614-5788-6_12