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Future of CO2 Capture, Transport and Storage ProjectsCTSC, Risk Management and Requirement of a Systemic Approach

Future of CO2 Capture, Transport and Storage Projects: CTSC, Risk Management and Requirement of a... [In this chapter, the position of Capture, Transport and Storage of CO2 (CTSC) in climate change mitigation is introduced. Then, an overview of CTSC projects in the world is presented. Risks associated to each subsystem and the whole chain are presented. Risks related to the whole chain in a complex sociotechnical framework are classified in eight groups: Technical, Risks related to Project, Social, Policy/Strategy, HSE, Regulatory, Organizational/Human and Financial/Economic. Notions of risk and risk management are also introduced, followed by a general recall of the evolution of risk management approaches. In the last part, available risk management approaches for Capture, Transport and Storage are reviewed individually. Finally, integrated (systemic) approaches are argued as essential need of risk management for CTSC.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

Future of CO2 Capture, Transport and Storage ProjectsCTSC, Risk Management and Requirement of a Systemic Approach

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Publisher
Springer International Publishing
Copyright
© The Author(s) 2018
ISBN
978-3-319-74849-8
Pages
1 –25
DOI
10.1007/978-3-319-74850-4_1
Publisher site
See Chapter on Publisher Site

Abstract

[In this chapter, the position of Capture, Transport and Storage of CO2 (CTSC) in climate change mitigation is introduced. Then, an overview of CTSC projects in the world is presented. Risks associated to each subsystem and the whole chain are presented. Risks related to the whole chain in a complex sociotechnical framework are classified in eight groups: Technical, Risks related to Project, Social, Policy/Strategy, HSE, Regulatory, Organizational/Human and Financial/Economic. Notions of risk and risk management are also introduced, followed by a general recall of the evolution of risk management approaches. In the last part, available risk management approaches for Capture, Transport and Storage are reviewed individually. Finally, integrated (systemic) approaches are argued as essential need of risk management for CTSC.]

Published: Mar 7, 2018

Keywords: Risk Management Approach; Systems-Theoretic Accident Model And Processes (STAMP); International Risk Governance Council (IRGC); Large-scale Integration Project (LSIP); Short Term Exposure Limits (STEL)

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