29c4199e-8f5d-4baf-a9d9-4abbc95b743a urn:uuid eng UTF-8 nonGeographicDataset nonGeographicDataset 2025-10-17T03:56:42 creation ISO 19115 2016 Evaluating the economic potential for carbon sequestration projects 29c4199e-8f5d-4baf-a9d9-4abbc95b743a Carbon capture and storage (CCS) is a central component of many proposed pathways to reach net zero CO2 emissions by 2050. Even under conservative estimates, successful deployment of CCS projects at scale will require a substantial investment in the selection and development of new sequestration sites. While several studies have considered the potential costs associated with individual sequestration projects, and others have evaluated the costs of capture and sequestration in a generic manner, few have examined how regional differences in transport distances and reservoir properties may affect the overall costs of sequestration projects. In this abstract, we outline a new model to assess the costs associated with new carbon sequestration projects. The model evaluates the cost of CCS projects accounting for regional variations in transport distance and cost and well the storage properties of individual reservoirs. We present preliminary results from the modelling tool, highlighting potential opportunities for new CCS projects. {"type": "Polygon", "coordinates": [[[112.0, -44.0], [154.0, -44.0], [154.0, -9.0], [112.0, -9.0], [112.0, -44.0]]]} 112.0 154.0 -44.0 -9.0 Australia's Future Energy Resources CCS Carbon Sequestration Science Carbon capture and storage EARTH SCIENCES EFTF - Exploring for the Future Economic Models and Forecasting Published_External Extended Abstract for download (pdf) [3.4 MB] documentDigital Extended Abstract for download (pdf) [3.4 MB] PDF