Carbon Storage Tanker Lifetime Assessment

CO(2) capture and storage (CCS) is an important strategy to reduce global CO(2) emissions. This work presents both cutting‐edge carbon storage tanker design, as well as novel reliability method making possible to extract useful information about the lifespan distribution of carbon capture systems from their recorded time history. The method outlined may be applied on more complex sustainable systems that are exposed to environmental stresses throughout the whole period of their planned service life. The latter is of paramount importance at the design stage for complex engineering systems. Novel design for CCS system is discussed and accurate numerical simulation results are used to apply suggested novel reliability methodology. Furthermore, traditional reliability approaches that deal with complex energy systems are not well suited for handling high dimensionality and cross‐correlation between various system components of innovative dynamic CO(2) storage subsea shuttle tanker. This study has two distinctive key features: the state of art CCS design concept, and the novel general purpose reliability method, recently developed by authors, and particularly suitable for operational safety study of complex energy systems.