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ISE Welcomes Prof. Olivier Massol

Joining the CCS Club! An examination of the conditions for large scale deployment of Carbon Capture Technologies

 

Seminar by Prof. Olivier MASSOL

IFP School, Paris, France

 

Friday, February 2nd, 2018

10:00-11:00am

210E Baker Systems

1971 Neil Avenue

 

This seminar will first offer a brief review of cooperative game theoretic concepts and then illustrate how these notions can be applied to gain insights on the conditions for a widespread adoption of Carbon Capture transport and Storage (CCS) by a group of emitters that can be connected to a common CO2 pipeline. It will show how an adapted modeling framework can be developed to assessing the critical value in the charge for the CO2 emissions required for each of the emitters to decide to implement capture capabilities. This model can be used to analyze how the tariff structure imposed on the CO2 pipeline operator modifies the overall cost of CO2 abatement via CCS. This framework is applied to the case of a real European CO2 pipeline project. We will show that the obligation to charge non-discriminatory prices can either impede the adoption of CCS or significantly raise that price.

Olivier is the Executive Director of the Chair “The Economics of Natural Gas”, a joint research initiative associating Mines Paris-Tech, Univ. Paris Dauphine, Toulouse School of Economics, IFP School and DIW Berlin. Olivier’s research focuses on the economics of natural gas and emerging energy technologies (CCS, biomethane) and typically applies quantitative approaches (e.g., operations research, game theory, econometrics) to gain insights on the behavior of market participants. At IFP School (a graduate school of engineering), Olivier is currently the Program Director for the MSc. Energy and Markets. His graduate teaching focusses on energy economics, operations research, and competition in the energy markets. Previously, Olivier worked as an economist within the Economic Research Division of Gaz de France (now GDF Suez). Olivier holds a Ph.D. in Economics (City, University of London, 2013), a MRes. in Economics (University Paris Dauphine, 2002), a MSc. in Energy Economics (IFP School, 2002) and an “Ingénieur Civil des Mines” degree (Ecole des Mines de Saint-Etienne, 2001).