Abstract
European value chain for CO2 (ECCO) is a collaborative research project that started in 2008 under EU’s Seventh Framework Programme (FP7) [1]. The main objective of ECCO is to facilitate robust strategic decision-making regarding early and future deployment of CO2 value chains. The ECCO project strategy is based on the critical evaluation of several case studies that will enlighten various aspects of carbon capture and sequestration (CCS) and point out the most promising CO2 chain alternatives. The evaluation will be based on techno-economical analysis using a software tool [2] that is being developed within the project. After project completion, this tool is intended to be useful for future stakeholders in CCS value chains. For instance, the tool should assist commercial companies in their feasibility studies for investing in (part of) a value chain and governments in evaluating the potential and costs of various CCS incentives on overall climate control policy objectives. The first version of the tool, which is called the ECCOTool, was completed during the fall of 2010. Based on feedback from the users, the final version will be completed during the spring of 2011. This final tool of the ECCO project will be presented at the conference. Within the ECCO project, the tool is used to analyze both simple and more complex CCS chains. The most basic CCS chain consists simply of a CO2 source co-located with a storage facility. Generally, however, the source and storage will be separated geographically from each other and will transportation is required to complete the chain. The tool supports complex value chains with multiple sources and storage sites connected through a transport network. The physical entities of the ECCOTool value chain infrastructure, e.g. sources, storage facilities, pipelines, and shipping lines, we call chain units. The value chain structure, as well as the properties of the chain units populating it, can evolve with time. The chai
