Institute updates

There are more than 100 papers in the public domain on the costs of CCS. However, there are significant differences in the methods employed by various organisations to estimate the cost of CCS systems for fossil fuel power plants.

Jeffrey Price of Bluewave Resources, LLC and Sarah Wade of Wade, LLC released a brochure titled Carbon Capture and Storage: An approach to understanding potential risks and their cost implications in January 2013. The brochure was funded in part by Chevron Services Company, USA.

The Institute hosted its fifth study meeting in Tokyo on 17 January 2013. Presented by pioneers of the Japanese CCS research communities, the meeting gave Members the opportunity to understand the history and status of CCS in Japan.

Five reports recently released by the Getica CCS Demo Project and Project Pioneer provide insights into various aspects of large CCS project development. The Getica CCS large­–scale demonstration project aims to demonstrate the application of large–scale integrated CCS to an existing coal–fired power plant in Romania's South West Region.

As at the end of January 2013, the Institute had identified 72 large­­­­­–scale integrated projects (LSIPs) around the world, down three projects from the 75 reported in October 2012.

More supportive and equitable government policy, especially in Europe, is absolutely essential for a positive business case to be made for carbon capture and storage (CCS), Global CCS Institute CEO Brad Page said today.

Speaking at the 7th Annual European CCS Conference in London, Mr Page provided an update to the Global Status of CCS: 2012 report published last October.