{"refrec":{"BRefID":295902,"RR":"<b>Welkenhuysen, K.; Compernolle, T.; Piessens, K.; Ramirez, A.; Rupert, J.; Swennen, R.</b> (2014). Geological uncertainty and investment risk in CO<sub>2</sub>-enhanced oil recovery. <i>Energy Procedia 63</i>: 7878-7883. <a href=\"https://dx.doi.org/10.1016/j.egypro.2014.11.823\" target=\"_blank\">https://dx.doi.org/10.1016/j.egypro.2014.11.823</a>","BEntID":287990,"PublicFlag":1,"CheckedFlag":1,"wosflag":null,"vabbflag":null,"RefStringPartII":". <i>Energy Procedia 63</i>: 7878-7883. <a href=\"https://dx.doi.org/10.1016/j.egypro.2014.11.823\" target=\"_blank\">https://dx.doi.org/10.1016/j.egypro.2014.11.823</a>","DocTypID":8,"DocType":"Journal article","MarineFlag":0,"FreshFlag":0,"BrackishFlag":0,"TerrestrialFlag":0,"Authorstring":"Welkenhuysen, K.; Compernolle, T.; Piessens, K.; Ramirez, A.; Rupert, J.; Swennen, R.","OrigTitleTranslFlag":0,"Authorstringtrunc":"Welkenhuysen, K. <i>et al.</i>","Englishabstract":"CO<SUB>2</SUB>-enhanced oil recovery (CO<SUB>2</SUB>-EOR) has the potential to combine the environmental benefits of greenhouse gas emission reduction and the optimal use of natural resources. In economic simulations, CO<SUB>2</SUB>-EOR is generally approached in a classical way, with fixed parameters and limited flexibility. We propose a more realistic approach that combines realistic investment decision making with geological and techno-economic uncertainties. A cluster of seven active oil fields in the North Sea is simulated using a newly developed software tool, allowing to assess when EOR technology replaces primary production. CO<SUB>2</SUB> can be delivered from different onshore locations via ship or pipeline. The introduction of near-realistic investment geological and economic risks in CO<SUB>2</SUB>-EOR projections will allow for in-depth assessment of CO<SUB>2</SUB>-EOR at the level of the North-Sea Basis, as well as of individual potential projects.","AbstractOtherLang":null,"BibLvlCode":"AS","StandardTitle":"Geological uncertainty and investment risk in CO<sub>2</sub>-enhanced oil recovery","OrigTitleLangCode":"en","OrigTitleLangCodeExtended":"eng","OrigTitleLangID":15,"DateLastModified":{"date":"2024-12-10 01:33:17.368041","timezone_type":1,"timezone":"+01:00"},"UserAccessRight":null,"UserAccID":null,"AuthorKeywords":"CO2-EOR; geological storage; techno-economic simulation; North Sea","OtherDescriptors":null,"Notes":null,"AnaPub":2014,"MonPub":null,"DateUpdate":"2018-06-19","DateCreate":"2018-05-15","SecASFANote":null,"ConfID":null,"PeerRev":1,"VlizCoreFlag":1,"WoScode":"WOS:000361211508003","VABBcode":null,"OpenAcc":1,"DOI":"10.1016/j.egypro.2014.11.823"},"refs":null,"anarec":{"AnaID":295902,"PubliDate":2014,"Pagination":"7878-7883","XtraPublOfAnaID":null,"ISBN":null,"Volume":"63","Issue":null,"BRefMon":null,"BRefMonRR":null,"BRefXtra":null,"BRefXtraRR":null,"SerBRefID":258829,"SerRR":"Energy Procedia. 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