Power CCS: Potential for cost reductions and improvements

Members Only Technical Report

5 August 2024

Ignacio Rabsiun Aramburu, Freddie Barnes, Alexander Fish, Michael Joos, Foaad Tahir

Citation: IEAGHG, ‘Power CCS: Potential for cost reductions and improvements‘, 2024-04, July 2024, doi.org/10.62849/2024-04

Overview

Many major economies and international organisations have committed to bring their greenhouse gas emissions to net zero by mid-century or earlier. CCS, in the context of power CCS technologies, will be an essential component of the portfolio of technologies required to reach net-zero emissions in the power sector. This study explores the potential to reduce the cost and accelerate the uptake of power CCS technologies. Results will be helpful in devising future policy in support of power CCS and in assessing the potential impact of implementing the policy.

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