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Carbon capture technology becoming cost effective

05.16.2013  | 

The Cost Reduction Task Force, which authored the report, found that carbon capture and storage technology could be a viable option for the UK government in meeting its carbon reduction targets. The report estimated that CCS technology could soon generate electricity at a breakeven cost.

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By CASSIE WERBER

LONDON -- Technology that traps and stores the carbon generated by burning fossil fuels could become cheaper and make it competitive with renewable technology, a UK government-sponsored report showed Thursday.

The Cost Reduction Task Force, which authored the report, found that carbon capture and storage technology could be a viable option for the UK government in meeting its carbon reduction targets.

The report estimated that CCS technology could generate electricity at a breakeven cost approaching GBP100 a megawatt hour by the early 2020s, and significantly below that thereafter.

The UK is aiming for an 80% reduction in its greenhouse gas emissions by 2050. To do this, it will need to replace much of the current power-generation fleet, which relies heavily on coal and gas, with nuclear, wind and other renewables.

CSS may be cost-effective as part of the mix if its price falls, the report says.

However, the report said there are several factors, including commitment from government, the building of CCS facilities and financing, that will have to be in place for CCS to become a viable option.


Dow Jones Newswires



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abbas saeidi
05.29.2013

Can I have a copy of the report or get a link to download the report? It'll be great help to know in detail about CCS?
I think it is an important step on green house gas emission reduction. But the problem is storing ! it looks the best idea is to convert the CO2 and water vapor to methanol
Is it good idea to replace the present fossil fuled plant wit Nuclear?

Richard ahn
05.20.2013

Can I have a copy of the report or get a link to download the report? It'll be great help to know in detail about CCS.

Giorgio Dodero
05.19.2013

Dear Sirs,
I am working since many years on this subject and I presented at 13th IDTC Conference in Dubrovnik the 15 May 13 the following paper :

Integrating Carbon Capture Technologies into the generation mix.
Due to the impact of renewables, the fossil power plants are no more suitable to carbon capture for many reasons including : A) difficulty to operate carbon capture units at low and flexible loads ( cycling modes ) ; B) Poor capital return of these CCS units.
Best Regards
Giorgio Dodero
IPG Industrial Project Group Srl

Giorgio Dodero
05.19.2013

Dear Sirs,
I presented the following paper on CCS at the 13th IDTC Conference in Dubrovnik the 15 May 2013 :
Integrating carbon capture Technologies into the generation mix.
We are working on this topic since many years, but today fossil power plants are no more suitable to CCS for many reasons including : A) difficulty to operate carbon capture units at low or flexible loads ( cycling modes ) due to the needs to integrate these units with renewables B) Poor return of capital of these CCS units.
CCS could be interesting in future mainly for EOR.
Best regards
Giorgio Dodero
IPG Industrial Project Group Srl

Sathis Kumar
05.19.2013

This Technology is going to be future's demanding one. Due to the global warming and the CO emissions control, this Technology will going to play a major role.

Already a project has initiated in Middle East for EOR.

Han Raas
05.17.2013

"CCS" technology should strive at getting the S out of CCS. It is of utmost importance to develop technologies that can convert CO2 and water vapour into methane, other hydrocarbon fuels or petrochemical feedstock using solar energy applied in high temperature concentrated solar power (CSP) systems. There are technologies in the development stage that promise to convert solar energy to chemical energy with an efficiency of 30- 35 [%]. This figure means that for a SNG production rate of 1 [GNm3/a] (1 Bcm/yr) in hot desert of hot semi-desert regions, a gross solar production field sized a "mere" 8 [km2] is required. Compare this to a more then 100 fold area demand in case of biological ways of capturing solar energy (for instance based on wood and even algae as feedstocks).

Once the CSP technology would be technically and economically mature, power production, transport and distribution infrastructure could remain unaltered. The storage problem of sustainable energy would be solved.

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