A state-of-the-art review of CO2 enhanced oil recovery as a promising technology to achieve carbon neutrality in China

Abstract

Although there are some review papers on carbon capture, utilization and storage (CCUS), hardly any of these reviews are focused on the role of CO₂ enhanced oil recovery (EOR) in accelerating carbon neutrality in China. In this review, strategies to achieve carbon neutrality is briefly but critically discussed, followed by a review of CO₂-EOR as a promising technology. Especially, data analysis, including the number of publications on China's carbon neutrality, per capita CO₂ emissions, China's power generation, and the crude oil production of China's large oilfields, is carried out to make the discussion more comprehensive. Given the large amount of coal consumed in China, the high percent of electricity generated with coal, and the slow penetration of renewables already observed, it seems unlikely that 2060 targets will be met without CCUS. In order to achieve carbon neutrality, both reduction in carbon emissions and increase in carbon sequestration are inevitable. Furthermore, it is concluded that CO₂ storage through EOR is likely to have a bright future. However, there are some critical issues to be solved, including the technical issues, leakage and safety issues, cost issues, policy issues, etc. In order to turn CO₂-EOR into a reliable and more favorable technology, more research and efforts are needed to solve these issues, including advancing carbon capture technologies, improving storage technologies, developing effective monitoring technologies, deploying government support and incentive policies, etc.

Keywords: CCS; CCUS; Carbon neutral; Carbon sequestration; EOR; Near-zero carbon emission.