IECM 12.0 beta User Manual > Modules Included with the IECM > Pulverized Coal (PC) Plant > SET PARAMETERS > CO2 Capture, Transport & Storage > 5. CO2 Storage > Geologic >

Operations Cost

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Parameters related to the Operations Cost of the CO2 storage system are entered on this parameter screen. The following parameters are provided:

•Operation Duration: This is the number of years of operation.

•Contingency Factor: This is the operation process contingency factor.

•Geophysical Survey: 3D Seismic: This is the cost of 3D seismic monitoring.

•Labor Rates: These are the labor rates for the personnel associated with the reservoir:

•Geologist

•Engineer

•Landman

•Miscellaneous Operations: This is a miscellaneous operations cost, expressed as a percentage of the annual operations cost (based on the net present value). The total operations cost is the sum of the two.