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Overview of ISO 27916 Standard as an alternative to EPA GHGRT Subpart RR

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Course Credit: 0.15 CEU, 1.5 PDH

With the recent expansion of the U.S. Internal Revenue Code (IRC) Section 45Q tax credit for CO2 storage, project developers are seeking this incentive to make the project financing viable. Guidance from the Internal Revenue Service (IRS) recommends that the Environmental Protection Association (EPA) CO2 reporting rules, particularly Subpart RR of the Greenhouse Gas Reporting Program (GHGRP), be used to quantify CO2 incidentally stored during CO2-EOR, as well as for the injection of CO2 for storage in depleted hydrocarbon and saline reservoirs. There has been much debate over the use and application of GHGRP Subpart RR to CO2-EOR as the means of establishing incidental storage quantification mechanisms that may serve as an alternative to the GHGRP requirements. More than five years ago, the International Organization for Standardization (ISO) formed technical committee 265 (TC-265) dealing with carbon dioxide capture, transport and geological storage. TC-265 was subdivided into six working groups, and international standards have been generated for post-combustion capture, pipeline transportation, geological storage (without storage quantification), and CO2-EOR (with incidental storage quantification, ISO 29716). This webinar will present context of the development of the ISO Standard 27916 and how it compares to and may be used as an alternative to GHGRP Subpart RR.

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 1 chapter
  1 downloadable resource

Course Chapters

  • 1Overview of ISO 27916 Standard as an alternative to EPA GHGRT Subpart RR - Chapter 1
    Media Type: Video

Credits

Earn credits by completing this course0.15 CEU credit1.5 PDH credits

Speakers

Dr. Steven M. Carpenter