This website will offer limited functionality in this browser. We only support the recent versions of major browsers like Chrome, Firefox, Safari, and Edge.
Discover the latest advances carbon capture and storage research
This report reviews the development of a CO₂ storage cost curve for North America, which covers on-shore USA and Canada. The study has been carried out by Battelle, USA in co-operation with the Alberta Energy and Utilities Board, Canada.
This report reviews the development of a CO₂ storage cost curve for Europe. The study has been carried out by The Netherlands Geological Survey (TNO-NITG) in co-operation with the geological surveys of Britain (BGS) and Denmark and Greenland (GEUS).
This study assesses the quantities of additional carbon that could be sequestered in a range of soils, and the costs of sequestration. The study was carried out by a consortium led by the Australian Cooperative Research Centre for Greenhouse Accounting, including experts from Australia, the USA, Sweden and Kazakhstan.
The IEA Greenhouse Gas R&D Programme (IEA GHG) has carried out studies to assess the performance and costs of various plants with CO₂ capture and storage (CCS). These assessments have mostly been based on current technology and component cost data. This approach has the advantage of avoiding subjective judgements of what may or may not happen in the future. The disadvantage is that it does not take into account the potential for future improvements which could affect the long-term competitiveness of a technology.Reductions in the costs of technologies resulting from learning-by-doing and other factors have been systematically observed over many decades. Major factors contributing to cost reductions include, but are not limited to, improvements in technology design, materials, product standardisation, system integration or optimisation, economies of scale and reductions in input prices. This study analyses cost reductions that have been achieved for a range of process technologies and uses that information to predict possible future trends in the costs of power plants with CO₂ capture.
The main purpose of the conference was to provide a clearer picture of the options available to finance CCS projects and to increase the involvement of experts from the financial sector and to discuss financial instruments with industry and Government representatives. The ultimate outcome of this work will be to identify, encourage and develop world-wide collaboration and practical development of financial mechanisms to accelerate the progression of CCS projects from R&D to commercial reality.
The main purpose of the conference was to provide a clearer picture of the options available to finance CCS projects in North America and to increase the involvement of experts from the financial sector in discussion about possible financial instrument options for CCS. The ultimate outcome of this work will be to identify, encourage and develop world-wide collaboration and practical development of financial mechanisms to accelerate the progression of CCS projects from R&D to commercial reality. The objectives of the meeting were to explore the options of: <!-- wp:acf/columns {"name":"acf/columns","data":{"padding_top":"1","_padding_top":"field_columns_fields_padding_top","padding_bottom":"1","_padding_bottom":"field_columns_fields_padding_bottom","margin_top":"0","_margin_top":"field_columns_fields_margin_top","margin_bottom":"0","_margin_bottom":"field_columns_fields_margin_bottom"},"mode":"preview"} --> <!-- wp:acf/column-content {"name":"acf/column-content","mode":"preview"} --> <!-- wp:list --><ul> <!-- wp:list-item --><!-- wp:list-item --><li>Identifying key drivers on financing CCS projects in North America by the financial sector.</li><!-- /wp:list-item --><!-- /wp:list-item --> <!-- wp:list-item --><!-- wp:list-item --><li>Contributing to building financial mechanisms for deployment of CCS projects</li><!-- /wp:list-item --><!-- /wp:list-item --> <!-- wp:list-item --><!-- wp:list-item --><li>Gaining access to financial information relevant for all major stakeholders such as industry, insurance companies, Government and investors in CCS projects</li><!-- /wp:list-item --><!-- /wp:list-item --> <!-- wp:list-item --><!-- wp:list-item --><li>Use of futures, derivatives and insurance markets to reduce financial risks of CCS deployment</li><!-- /wp:list-item --><!-- /wp:list-item --> <!-- wp:list-item --><!-- wp:list-item --><li>Improving the awareness of the status of CCS technology for the financial community.</li><!-- /wp:list-item --><!-- /wp:list-item --> <!-- wp:list-item --><!-- wp:list-item --><li>Use of insurance to address the financial risks of CCS demonstration plants</li><!-- /wp:list-item --><!-- /wp:list-item --> </ul><!-- /wp:list --> <!-- /wp:acf/column-content --> <!-- /wp:acf/columns -->
Costs of building power generation plants in general and fuel prices have increased rapidly in recent times. This report provides information on costs of electricity and hydrogen production by coal gasification with CO₂ capture on a 2nd quarter 2008 basis. This is an update of information presented in IEA GHG report 2007/13.
A contract to develop and upgrade the original Woodhill program and the network program was awarded to Gastec UK/AMEC who had already produced the new network design program. After obtaining the original code from Woodhill-Frontier options were examined and it was felt that as both programs were Excel-based it would be simplest to amalgamate them into one program using the original Woodhill interface where possible.The possibility of adding a graphical map-based interface for the distributed collection network was investigated as an additional option but although possible the necessary licence for commercial use was found to be too costly. It was on this basis that GastecUK/AMEC proceeded with the development of the upgraded calculator.
The IEA Greenhouse Gas R&D Programme (IEA GHG) undertakes studies to assess technologies for abatement of greenhouse gas emissions. IEA GHG has concentrated on CO₂ Capture and Storage (CCS) applied to power generation but it has also assessed CCS in other industries and will compare the relative merits of CCS and alternative greenhouse gas abatement options. Soon after IEA GHG started operation in 1991 it produced a set of standard technical and economic criteria for assessment of power plants with capture to ensure that its studies are undertaken on a consistent basis, as far as possible. These criteria have continued to be used since then, with some minor modifications.
The study aimed to investigate options and evaluate the techno-economic performance of a biomass fired, or coal co-fired with biomass, power plant based on current state of the art boiler and steam generation equipment incorporating CO₂ capture technology. It is expected that the study should provide the performance of the plant assuming the need to capture at least 90% of the total CO₂ emissions. Currently, the state of the art largest standalone biomass fired combustion power plant (i.e. between 100 to 250 MWe net) offered commercially is based on circulating fluidized bed (CFB) technology. In the mid-range (i.e. between 30 to 90MWe net), the commercially offered state of the art technology would be based on a bubbling bed fluidized bed (BFB) technology. For less than 50MWe net, a stoker fired (fixed bed) system is still considered competitive compared to any fluidized bed technology. For direct co firing of biomass and coal, the technical operating limit of co-firing biomass is about 10-20% of the total thermal input.
The study aimed to review current laws and emerging CCS specific regulations, in different regions of the world and under different legal frameworks, concentrating on long-term liability aspects. The primary work of the study was to investigate and assess the various potential financial mechanisms for supporting CO₂ liability, including an assessment of their applicability and practicality to all parties concerned, and provide recommendations based on the findings. As well as discussion on important issues such as when and how transfer of liability to the government should occur, and what these liabilities could be, the study focuses primarily on how this liability can be supported.
To address the current state of CCS costs, a workshop was convened in March 2011 at which an international group of experts from industrial firms, government agencies, universities, and environmen tal organizations met to share information and perspectives on CCS costs for electric power plants [2]. A major conclusion of that work shop was that there are significant differences and inconsistencies in the way CCS costs are currently calculated and reported by various authors and organizations. As a consequence, there is a significant degree of confusion, misunderstanding, and mis-representation of CCS costs in the information now available publicly. These incon sistencies hamper the ability to correctly and systematically com pare the cost of different carbon capture options. They also distort comparisons between CCS and other greenhouse gas reduction measures—with potential consequences for both technology and policy developments.
Discover everything that IEAGHG has to offer, from the latest publications to exciting events.
Discover our expansive library of leading CCS research covering a wealth of topics. From DACS to BECCS and Carbon Markets to Carbon Capture.
Discover More
We are committed to sharing the latest CCS knowledge worldwide. Learn how you can join our global conferences, expert networks, workshops and webinars.
Experience More
Get the latest IEAGHG news, discover our impact, and uncover essential analyses of global CCS developments.
Stay UpdatedAccess to restricted publications is just the beginning. IEAGHG membership has unlocked CCS potential for government and industry around the world. Discover what it can do for you.
Discover MoreGet essential news and updates from the CCS sector and the IEAGHG by email.
Whatever you would like to know, our dedicated team of experts is here to help you. Just drop us an email and we will get back to you as soon as we can.
Contact Us Now