ReCAP Project Understanding Cost of Retrofitting

Measurement, reporting and verification and accounting for carbon dioxide removal in the context of both project-based approaches and national greenhouse gas inventories

• 15 October 2024
• Industry Insights
• Policy & Regulation

Insurance Coverage for CO₂ Storage Projects

• 16 August 2024
• Industry Insights
• Storage

This report is a focused review of recent developments regarding insurance coverage for carbon dioxide (CO₂) geological storage projects. It seeks to address the following: what companies are offering or planning to offer insurance to CO₂ storage projects, what is the scope and duration of the coverage offered, and does coverage extend to the transportation of CO₂ to the project site? This work and report was prepared by Franz Hiebert.

Techno-Economic Assessment of Small-Scale Carbon Capture for Industrial and Power Systems

• 1 March 2024
• Capture
• Costs of CCUS

This study, undertaken on behalf of IEAGHG by Element Energy (now a part of ERM), explores the role of CCS in decarbonising small-scale industry and power generation applications. While relatively under investigated compared to their larger scale counterparts, reaching net zero will be dependent on successfully addressing the emissions from small-scale facilities. The findings from the study will be of interest to the broader energy community but, in particular, should benefit project developers, the finance community and policymakers.

Clean steel an environmental and technoeconomic outlook of a disruptive technology

• 1 March 2024
• Capture
• Costs of CCUS

This study primarily presents a comparative analysis of steelmaking pathways to cost-effectively decarbonise a steel mill, taking a life-cycle perspective on associated environmental impacts. The roll-out of clean steel technologies is envisioned to have a significant implication for support infrastructure. Therefore, a secondary objective of the study is to gain insights into the primary energy and infrastructure implications associated with large-scale deployment of different steel decarbonisation pathways. Clean steel production will likely be more expensive than steel produced today; this poses additional economic strains on steel producers and consumers. Consequently, a third objective is to estimate the price premium that clean steel could command in existing and future markets. Further, this study formulates recommendations for key stakeholders to support the sector and outlines recommendations for further work.

The Role of Indices in Assessing the Maturity of CCUS Technologies and their Readiness for Deployment

• 1 February 2024
• Industry Insights

This study was undertaken on behalf of IEAGHG by Foresight Transitions Ltd. While a technology may be technically mature, it has become increasingly clear that the technology may not necessarily be considered commercially ‘bankable’ by investors. In this study, the potential for an index or indices to provide that confidence was explored. The findings from the study will be of interest to the broader energy community but, in particular, should benefit technology developers, CCUS end users, investors and policymakers.

Methologies and Technologies for Mitigation

• 1 December 2023
• Industry Insights

The driver behind this study is to develop a report built on the on the previous IEAGHG report on methods of leakage mitigation (2007/11). The proposed study should focus on current mitigation and remediation methods that may be applied or considered in site specific conditions in the event of unpredicted CO₂ migration. Each geological storage site will have an adaptive site specific monitoring plan, based on a risk assessment. Detection of a significant irregularity may involve supplementing the monitoring program, in order to detect a possible leak and if necessary engaging mitigation measures.

7th Cost Network Proceedings

• 1 November 2023
• Costs of CCUS
• Event Proceedings

The 7th edition of the IEAGHG CCS Cost Network Workshop was hosted at the University of Groningen, Netherlands, on 12-13 April 2023. The purpose of the workshop was to share and discuss the most current information on the costs of carbon capture and storage (CCS) in various applications, as well as the outlook for future CCS costs and deployment. For the first time, this workshop also included a session on the direct capture of CO₂ from the atmosphere. The workshop also sought to identify other key issues or topics related to CCS costs that merit further discussion and study.

Techno-Economic Assessment of Electrochemical CO₂ Conversion Technologies

• 17 October 2023
• Costs of CCUS
• Utilisation

This study aims to assess the costs and greenhouse gas (GHG) emissions performance of selected electrochemical CO₂ conversion pathways. It applies a learning curve method to project costs up to 2050.