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13 Technology-Based Carbon Pathway · TTS Annex G
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Geologic CO₂ Storage
TTS v1.0 - Annex G

Geologic CO₂ Storage injects supercritical CO₂ into deep saline aquifers, depleted oil and gas reservoirs, or basaltic formations more than 800 metres below surface, where it is permanently trapped beneath an impermeable caprock through structural, residual, and dissolution trapping mechanisms. This annex serves a dual role in the Teravent system - it is both a standalone pathway for industrial point-source CO₂ and the underlying storage protocol referenced by Direct Air Capture, Bioenergy with CCS, Carbon Capture Utilisation & Storage, and Bio-oil Geological Storage.

Technological TTS v1.0 Annex G ⏳ Class III · Geological ● Active
Submit Storage Project View TTS v1.0 Annex G →
>1,000 yr
Storage timescale (Class III)
Standalone
+ Storage component role
$15–$40
Current cost per tonne (storage only)
3
Approved methodologies
GCS-M01 through GCS-M03
Teravent Methodology Codes · TTS Annex G
View TTS Annex G →

How this pathway works

Geologic CO₂ Storage permanently disposes of supercritical CO₂ by injecting it into deep subsurface rock formations under an impermeable caprock seal. Unlike In-situ Mineralisation (Annex E), where CO₂ chemically converts to solid carbonate minerals, this pathway relies on physical trapping mechanisms: structural trapping beneath the caprock, residual trapping as isolated droplets within pore spaces, solubility trapping as CO₂ dissolves into formation brine, and - over multi-century timescales - a slower secondary mineral trapping process. Suitable formations include deep saline aquifers, depleted oil and gas reservoirs (repurposed after resource extraction ends), and basaltic rock bodies with sufficient porosity for supercritical-phase injection.

Under the Teravent Technology-Based Carbon Standard (TTS v1.0) Annex G, this pathway serves two distinct functions. As a standalone pathway, it credits the geologic storage of CO₂ captured from industrial point sources (issuing TTC-D Reduction credits, since the CO₂ source is typically fossil industrial flue gas). As a shared storage component, Annex G defines the common storage integrity, monitoring, and post-closure requirements referenced by Direct Air Capture (Annex A), Bioenergy with CCS (Annex B), Carbon Capture Utilisation & Storage (Annex C), and Bio-oil Geological Storage (Annex H) - each of which inherits its own credit type (TTC-R or TTC-D) from its host pathway rather than from Annex G itself.

Three methodology variants are approved for standalone registration under Annex G, differentiated by storage formation type. Each specifies its own site characterisation, injection monitoring, and reservoir-specific reversal risk profile.

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Class III - Geological permanence. All credits issued under TTS Annex G carry Class III permanence, reflecting a >1,000-year storage horizon behind a verified impermeable caprock seal. Buffer pool contributions of 2–10% of gross verified credits apply, with the specific rate set by the project's Storage Integrity Risk Rating (SIRR) assessed at validation and each verification. Class III credits are eligible for the Teravent Permanent Removal label when paired with a qualifying atmospheric or biogenic CO₂ source.

TTS v1.0 - Annex G

This pathway is governed exclusively by the Teravent Technology-Based Carbon Standard (TTS v1.0). No external registry, standard, or methodology is referenced or incorporated. All requirements - additionality, quantification, durability, safeguards, and credit issuance - are defined within TTS v1.0 and Annex G specifically.

Teravent Technology Credit - Serial Number Format (TTS Annex G · Standalone Reduction)
TCR TTS D GCS NO 00061 2025 000001
Registry TCR
Standard TTS v1.0
Pathway Code GCS
Credit Type TTC-D - Reduction Credit (standalone)
Durability Class III · Geological
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Component role - no separate serial: When Annex G storage is used as the storage component of DAC (Annex A), BECCS (Annex B), CCUS (Annex C), or Bio-oil Storage (Annex H), the issued credit carries the host pathway's code and credit type (e.g. DAC-M01 credits remain coded "DAC" and issue as TTC-R) rather than a separate GCS serial - Annex G's storage integrity and monitoring requirements apply underneath that credit without generating a duplicate registration.

Annex G as the storage backbone

Rather than each capture pathway defining its own separate storage integrity rules, TTS v1.0 centralises geological storage requirements in Annex G. Four other annexes reference it directly for the storage stage of their own project boundary:

Annex A
⚡ Direct Air Capture
Annex B
🌾 Bioenergy with CCS
Annex C
🏗️ CCUS
Annex H
🛢️ Bio-oil Geological Storage

A project registering under any of these four host annexes must still meet all Annex G site characterisation, injection monitoring, storage confirmation, and post-closure requirements at its storage site - the difference is that credit issuance, credit type, and pathway coding follow the host annex, not Annex G.

Three approved methodology variants

TTS v1.0 Annex G approves three discrete methodology types for standalone Geologic CO₂ Storage registration, differentiated by the storage formation type. A project may combine multiple formation types only where each is independently metered under a separate methodology code.

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Enhanced oil recovery is categorically excluded: Depleted reservoir injection (GCS-M02) is eligible only where the reservoir is confirmed depleted and CO₂ injection is not directed toward incremental oil or gas recovery. Any EOR use, at this site or via third-party offtake, disqualifies the project under Module 1 project exclusions.
GCS-M01
Saline Aquifer Injection
Supercritical CO₂ injected into deep, non-potable saline formation water reservoirs beneath an impermeable caprock

Deep saline aquifers - porous sedimentary rock formations saturated with brine too saline for drinking water or agricultural use - represent the largest global geologic CO₂ storage capacity by volume. CO₂ is compressed to supercritical phase and injected through one or more wells, where it migrates into pore space beneath the caprock, displacing formation brine and gradually undergoing structural, residual, and solubility trapping. This is the most widely used standalone storage methodology and the default storage route for most DAC and BECCS facilities.

Permanence
Class III · Geological
Buffer Pool
2–8% (by SIRR)
Site Characterisation
Caprock integrity, porosity/permeability, seismic survey required
Metering Requirement
Continuous wellhead injection flow, ±2% accuracy
Monitoring Method
Pressure falloff testing, InSAR, monitoring wells
Minimum Injection Depth
> 800 m (supercritical phase threshold)
Key Monitoring Indicators
  • Continuous CO₂ mass injection rate via calibrated wellhead metering at ±2% accuracy
  • Formation pressure and temperature monitoring at injection and observation wells
  • Periodic pressure falloff testing to confirm caprock integrity and plume containment
  • Satellite InSAR ground-deformation monitoring for larger facilities
  • Groundwater quality monitoring at shallow aquifers above the injection zone per DNSH provisions
GCS-M02
Depleted Oil & Gas Reservoir Injection
Supercritical CO₂ injected into confirmed-depleted hydrocarbon reservoirs, repurposing existing well infrastructure and proven caprock seals

Depleted oil and gas reservoirs offer a well-characterised alternative to greenfield saline aquifers - the caprock seal has already demonstrated multi-million-year hydrocarbon containment, and existing wells and seismic data can often be repurposed, lowering site characterisation costs and risk. Eligibility requires independent confirmation that the reservoir is fully depleted and that injected CO₂ will not be used for enhanced oil recovery.

Permanence
Class III · Geological
Buffer Pool
2–7% (by SIRR - lower given proven caprock)
Depletion Confirmation
Independent reservoir engineering assessment required
EOR Exclusion
Zero-tolerance - chain-of-custody verified each period
Legacy Well Integrity
All pre-existing wellbores assessed and remediated as needed
Metering Requirement
Continuous wellhead injection flow, ±2% accuracy
Key Monitoring Indicators
  • Continuous CO₂ mass injection rate via calibrated wellhead metering at ±2% accuracy
  • Legacy wellbore integrity survey covering all penetrations of the storage complex, remediated prior to injection where needed
  • Reservoir pressure monitoring relative to original virgin pressure and depletion history
  • Chain-of-custody documentation confirming zero EOR use of injected CO₂
  • Induced seismicity monitoring per Module 5 seismic risk protocol
GCS-M03
Basaltic Formation Structural Storage
Supercritical CO₂ injected into basaltic rock for structural and residual trapping, without requiring confirmed mineral conversion

This methodology covers CO₂ injection into basaltic formations where the project relies primarily on structural and residual trapping mechanisms - the same physical containment logic as saline aquifer or depleted reservoir storage - rather than pursuing dissolved-phase injection engineered specifically for rapid mineral conversion (which instead registers under In-situ Mineralisation, Annex E, INM-M01). Where a project can subsequently demonstrate confirmed mineralisation of a portion of the injected CO₂, that fraction may transition to Annex E crediting at a later verification.

Permanence
Class III · Geological (pending confirmed mineralisation)
Buffer Pool
3–10% (by SIRR - elevated pending mineralisation confirmation)
Formation Requirement
Basaltic rock with confirmed structural trap or sufficient porosity
Transition Provision
Confirmed mineralised fraction may migrate to Annex E
Metering Requirement
Continuous wellhead injection flow, ±2% accuracy
Monitoring Method
Monitoring wells, geochemical sampling, seismic survey
Key Monitoring Indicators
  • Continuous CO₂ mass injection rate via calibrated wellhead metering at ±2% accuracy
  • Formation pressure, plume extent, and structural trap integrity monitoring
  • Periodic geochemical sampling to assess mineralisation progress and potential transition to Annex E
  • Induced seismicity monitoring per Module 5 seismic risk protocol
  • Groundwater quality monitoring at any overlying potable aquifers per DNSH provisions

Which emission sources must be counted

TTS v1.0 Module 3 requires a full lifecycle GHG emissions inventory within the project boundary, deducted from gross injected CO₂ to arrive at the Net TTC figure. A source may be excluded only where its inclusion would reduce the net carbon benefit (conservative assumption) and this is documented in the PDD. For component-role registrations, upstream capture emissions are accounted under the host annex's own boundary, not duplicated here.

Required
Injected CO₂ (Gross)
Primary benefit quantity for standalone registrations. Continuously metered CO₂ mass at the injection wellhead using calibrated instrumentation to ±2% accuracy, independently verified.
Required
Compression & Injection Energy
Electricity and thermal energy consumed by compression to supercritical phase, pumping, and injection wellhead operation, applying the applicable grid emissions factor per TLP v1.0.
Required where material
CO₂ Transport (Standalone Only)
Pipeline or truck transport emissions where captured CO₂ originates from a separate industrial facility and is transported to the standalone storage site.
Required where material
Monitoring Well Drilling & Legacy Well Remediation
Embodied emissions from drilling dedicated monitoring wells or remediating legacy wellbores (GCS-M02), amortised over the crediting period where material.
Excluded (Component Role)
Upstream Capture Emissions
Where Annex G serves as a storage component for Annex A, B, C, or H, upstream capture-stage emissions are accounted entirely within the host annex's project boundary and excluded here to prevent double counting.
Excluded - Prohibited Use
Enhanced Oil Recovery (EOR)
Storage of injected CO₂ for the purpose of enhanced oil recovery is categorically excluded from TTS v1.0 eligibility under Module 1 project exclusions, regardless of storage permanence claims.

Measurement, reporting
& verification

Teravent's Science Advisory Board assesses each pathway against four MRV dimensions. Geologic CO₂ Storage benefits from decades of commercial CCS operating experience and a mature monitoring toolkit, giving it very high MRV confidence across all dimensions.

Injection QuantificationVery High
Storage MonitoringVery High
Permanence ConfidenceVery High
Additionality ClarityHigh
🔬 Measurement Requirements - TTS Module 3

Quantification requires continuous CO₂ mass flow metering at the injection wellhead, accurate to ±2%, using instrumentation independently calibrated by an accredited VVB. Storage confirmation follows a mature, multi-decade CCS monitoring toolkit: pressure falloff testing to confirm caprock integrity, satellite InSAR ground-deformation monitoring for larger facilities, dedicated monitoring wells to track plume migration and pressure evolution, and periodic seismic surveys to confirm containment within the modelled storage complex. Site characterisation reports, including caprock integrity assessment and reservoir simulation, are required at registration and updated at each major verification milestone.

Demonstrating additionality

TTS v1.0 Module 2 requires all projects to pass a three-test additionality framework, with a Technology Readiness Level (TRL) screen applied ahead of the common practice test. Because geologic storage is a mature technology relative to other TTS pathways, standalone storage projects are more likely to require the full common practice survey rather than an automatic TRL-based pass.

1
Common Practice Assessment
Because saline aquifer and depleted reservoir injection (GCS-M01, GCS-M02) operate at TRL 8–9, most standalone storage projects must complete a full common practice survey demonstrating that geologic CO₂ storage remains uncommon, unsubsidised practice for the specific industrial sector and region in question. Basaltic formation storage at lower TRL (GCS-M03) may qualify for the automatic TRL-based screen.
2
Regulatory Surplus Test
The storage activity must not be mandated by any legally binding carbon capture and storage requirement, emissions performance standard, or facility permit condition. Where a jurisdiction imposes a CCS mandate for new industrial facilities, projects must demonstrate the storage volume or duration exceeds the mandated minimum.
3
Financial Additionality Test
Carbon revenue must be necessary for project viability. Developers must submit a discounted cash flow analysis, net of any 45Q-equivalent tax credits or direct government grants (disclosed under Module 8), demonstrating that the levelised cost of compression, injection, and monitoring exceeds available offtake or product revenue absent carbon credit income.
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Government incentive disclosure: Where a project receives direct government grants, capital cost subsidies, or per-tonne tax credits for the same stored CO₂, this must be disclosed to the TSA at registration under Module 8. Double-claiming the same carbon benefit under both a government incentive programme and Teravent credits is prohibited.

Leakage types & deductions

TTS v1.0 Module 3 defines three leakage types applicable across all engineered pathways. Standalone Geologic CO₂ Storage projects are primarily subject to energy-source leakage and induced fossil extraction risk, the latter carrying particular weight given the pathway's overlap with depleted hydrocarbon reservoirs.

Energy-Source Leakage
Grid Electricity Displacement
Where compression and injection equipment draws electricity from a constrained grid, its consumption may increase marginal fossil generation elsewhere. Facilities without a dedicated renewable or nuclear power purchase agreement must apply the regional marginal emissions factor.
Deduction: applicable regional grid factor, TLP v1.0
Induced Fossil Extraction Leakage
Enhanced Oil Recovery Risk
Because EOR use is categorically prohibited, depleted reservoir projects (GCS-M02) must demonstrate - through independent reservoir engineering assessment and chain-of-custody documentation - that injection does not incrementally enable oil or gas extraction at the site or via third-party offtake.
Zero-tolerance exclusion · verified each period
Upstream Transport Leakage
CO₂ Pipeline & Compression Losses
Fugitive CO₂ losses during pipeline transport and intermediate compression stages between a standalone capture facility and the storage site must be measured and deducted from gross injected quantity where the CO₂ source is not co-located.
De minimis threshold: 1% of transported volume

Buffer pool & reversal risk

All Annex G credits carry Class III Geological permanence (>1,000-year storage horizon). Buffer pool contributions protect credit buyers against reversal events - unintended CO₂ migration or seepage from the storage complex through the caprock, an unidentified fault, or a compromised wellbore. Buffer rates are set by the project's Storage Integrity Risk Rating (SIRR).

Methodology SIRR Rating Buffer Pool Rate Primary Reversal Risks
GCS-M01 Saline Aquifer Low 2–8% Caprock breach; unidentified fault reactivation; wellbore integrity failure
GCS-M02 Depleted Reservoir Very Low 2–7% Legacy wellbore integrity; proven caprock lowers structural risk relative to greenfield sites
GCS-M03 Basaltic Structural Medium 3–10% Pre-mineralisation dissolved-phase migration; less-characterised trap geometry than sedimentary formations
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Reversal notification: Project proponents must notify the TSA within 72 hours of discovering a reversal event - detected CO₂ migration outside the storage complex, wellbore integrity failure, or confirmed seepage exceeding the monitoring threshold. Buffer pool credits are cancelled proportionally to the verified carbon loss. Storage operators additionally carry 30-year post-closure monitoring obligations following the end of injection activity, regardless of whether the project registered standalone or as a component of a host pathway.

Key registration criteria

Projects must meet all of the following minimum requirements to qualify for registration under TTS Annex G - whether standalone or as the storage component of a host pathway. Additional methodology-specific requirements are detailed in the Annex G methodology tables for each GCS-M code.

Site characterisation report submitted at registration, including caprock integrity assessment, porosity/permeability data, and reservoir simulation model
Continuous CO₂ mass flow metering installed at the injection wellhead, calibrated to ±2% accuracy by an accredited instrumentation provider
Ten-stage registration process completed, from technology eligibility assessment through validation to ongoing verification, per TTS Module 6
Seventeen-element Project Design Document submitted, including a storage integrity plan and a post-closure obligations statement
Three-test additionality demonstrated, with common practice survey required for TRL 8–9 methodologies (GCS-M01, GCS-M02)
Storage Integrity Risk Rating (SIRR) assessed by an accredited VVB at validation; buffer pool contribution of 2–10% applied to gross verified credits
For depleted reservoir projects (GCS-M02), independent reservoir engineering confirmation of depletion status and explicit written confirmation of zero EOR use
Seismic risk assessment and Do No Significant Harm review covering groundwater quality, induced seismicity, and surface land use
For component-role registrations (paired with Annex A, B, C, or H), confirmation that the host annex's PDD references this storage site and that no separate GCS credit is issued for the same tonnes
30-year post-closure monitoring commitment documented through a legal instrument acceptable to the TSA, covering the storage site after injection activity ends

Sustainable Development
Goal alignment

All Teravent registered Geologic CO₂ Storage projects must complete an SDG impact assessment at registration and at each verification period. Three SDGs are systematically tracked for this pathway. Projects may apply for co-benefit quality labels where independently verified indicators are met.

SDG 13 · Climate Action SDG 9 · Industry, Innovation & Infrastructure SDG 7 · Affordable & Clean Energy
Permanent Removal
Storage sites with an unqualified geological integrity assessment and confirmed >1,000-year storage horizon are eligible for the Teravent Permanent Removal label when paired with a qualifying atmospheric or biogenic CO₂ source.
Zero Fossil Input+
Storage facilities powered entirely by verified renewable or nuclear electricity for compression and injection are eligible for the Zero Fossil Input co-benefit label.
Circular Feedstock+
Depleted reservoir storage projects (GCS-M02) that repurpose existing oil and gas infrastructure - rather than requiring greenfield site development - are eligible for the Circular Feedstock label.
Community Benefit+
Storage projects sited in legacy oil and gas regions that demonstrate local employment continuity, workforce retraining, or Just Transition outcomes exceeding baseline requirements are eligible for the Community Benefit+ label.

Deployment scope: Global - sedimentary basins with proven saline aquifers or depleted hydrocarbon reservoirs, and basaltic terrains, exist on every populated continent, making Annex G the most geographically flexible storage backbone in the Teravent system.

🛢️ Geologic CO₂ Storage · TTS Annex G

Ready to register your
storage project?

Submit a Project Concept Note under TTS v1.0 Annex G to begin your registration - whether standalone or as the storage component of a DAC, BECCS, CCUS, or Bio-oil Storage project. Select the GCS-M code matching your storage formation, install continuous wellhead metering to ±2% accuracy, and appoint an accredited VVB to validate your PDD and storage integrity plan.