- Reaction score
- 8,701
- Points
- 1,160
Breakeven price on WCS in 2023 was 38.61 USD per barrel.
Current price on natural gas is
$2-3 per GJ and electricity is $.08-.09 per kwh.
Coal is about $200 per tonne.
Food grade CO2 sells for about $2 a lb or $4000 per tonne.
Natural Gas
2-3 CAD / GJ
55 kg CO2 / GJ
Coal
50 CAD / tonne
28 GJ / tonne
2 CAD / GJ
98 kg CO2 / GJ
Coal (with Carbon tax)
200 CAD / tonne
28 GJ / tonne
8 CAD / GJ
98 kg CO2 / GJ
WCS
38.61 USD / Bbl
6.2898 Bbl / m3
242 USD / m3
1.43 CAD / USD
346 CAD / m3
40 GJ / m3
8.65 CAD / GJ
3200 kg CO2 / m3
80 kg CO2 / GJ
Electricity
.08-.09 CAD / kWh
278 kWh / GJ
22 - 25 CAD / GJ
Food Grade CO2
1 CAD / kg
Government CO2 Price
80 CAD / tonne
0.08 CAD / kg
Playing with numbers
So I can buy a GJ of energy as electricity for 25 CAD or I can buy it as natural gas for 2 CAD.
But the Natural Gas also supplies me with 55 kg of CO2.
I can send that to atmosphere and have the government charge me 4.40 CAD as a disposal fee
Or I can capture the CO2 and scrub it up to sell to the food industry for 55 CAD.
So. Spend 25 CAD for 1 GJ of electricity and have no byproducts (-25 CAD)
Or. Spend 2 CAD for 1 GJ of natural gas and have the energy plus 55 CAD from the sale of by products (+53 CAD)