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Our publications, reports and research library hosts over 500 specialist reports and research papers on all topics associated with CCS.

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Retrofitting coal-fired power plants for carbon dioxide capture and sequestration: exploratory testing of NEMS for integrated assessments
Retrofitting coal-fired power plants for carbon dioxide capture and sequestration: exploratory testing of NEMS for integrated assessments

18th January 2008

Topic(s): Carbon capture use and storage (CCUS), CO2 capture, Economics

As part of an assessment for analyzing the prospects of retrofitting existing coal-fired power plants for carbon dioxide (CO2) capture and sequestration, an integrated analysis using the National Energy Modeling System (NEMS) of the Energy Information Administration was undertaken using a generic model of retrofit costs as a function of basic plant characteristics (such as heat rate). Modifications to NEMS were made to enable an endogenous determination of the tradeoffs between retrofit, retirement, and the purchase of emission allowances. The cost for CO2 retrofit included direct costs (capital and O&M), indirect costs (capacity and heat rate penalties), and a nominal cost for transportation, injection, measurement, monitoring, and verification (MMV).

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Disclaimer

The content within the Global CCS Institute Publications, Reports and Research Library is provided for information purposes only. We make every effort and take reasonable care to keep the content of this section up-to-date and error-free. However, we make no claim as to its accuracy, currency or reliability.

Content and material featured within this section of our website includes reports and research published by third parties. The content and material may include opinions and recommendations of third parties that do not reflect those held by the Global CCS Institute.

The social cost of carbon: valuation estimates and their use in UK policy
The social cost of carbon: valuation estimates and their use in UK policy

1st January 2008

Topic(s): Economics, Social cost

There is an increasing interest in the economics of climate change, and the marginal damage costs of emissions, known as the Social Cost of Carbon (SCC). In 2002, the UK Government recommended an SCC for policy appraisal. A recent review of this SCC was commissioned and summarised in this paper. The authors conclude that SCC estimates span at least three orders of magnitude, reflecting uncertainties in climate change and choices of key parameters/variables (discount rate, equity weighting and risk aversion). Estimates also vary due to their coverage, and a risk matrix was developed to compare climate change effects (predictable to major events) against impacts (market, non-market and socially contingent). From several lines of evidence, the current lower SCC value is considered a reasonable lower benchmark for a global decision committed to reducing the threat of dangerous climate change. An upper benchmark was more difficult to deduce, though the risk of high values was considered significant. It is currently impossible to provide a central value with confidence. The study also reviewed the use of the SCC in policy, from project appraisal to long-term climate policy, and used stakeholder interviews to elicit views. A wide diversity of responses was found: whilst most considered some values are needed for policy appraisal, nearly all had reservations for long-term policy. From this, the authors propose a two tier approach. The economic benefits of climate change should be considered when setting long-term policy, but a wider framework is needed (i.e. than cost-benefit analysis). This should include a disaggregated analysis of economic winners and losers by region and sector, and key impact indicators such as health and ecosystems. It should also consider the full risk matrix (i.e. non-marginal/irreversible effects). Once long-term policy is set, shadow prices for appraisal across Government are useful, provided they are consistent with the long-term goal, and are applied consistently.

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Disclaimer

The content within the Global CCS Institute Publications, Reports and Research Library is provided for information purposes only. We make every effort and take reasonable care to keep the content of this section up-to-date and error-free. However, we make no claim as to its accuracy, currency or reliability.

Content and material featured within this section of our website includes reports and research published by third parties. The content and material may include opinions and recommendations of third parties that do not reflect those held by the Global CCS Institute.

Global wind 2008 report
Global wind 2008 report

1st January 2008

Topic(s): Domestic policy, Economics, Wind energy

This is the fourth annual report on the status of the global wind industry by the Global Wind Energy Council, and it provides a comprehensive snapshot of this global industry - present in more than 70 countries. The data and country profiles for this report have been collected through GWEC’s member associations and companies around the world, as well as from other analysts and government contacts.

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Disclaimer

The content within the Global CCS Institute Publications, Reports and Research Library is provided for information purposes only. We make every effort and take reasonable care to keep the content of this section up-to-date and error-free. However, we make no claim as to its accuracy, currency or reliability.

Content and material featured within this section of our website includes reports and research published by third parties. The content and material may include opinions and recommendations of third parties that do not reflect those held by the Global CCS Institute.

Expert workshop on financing carbon capture and storage: Barriers and solutions
Expert workshop on financing carbon capture and storage: Barriers and solutions

1st July 2007

Topic(s): Carbon capture use and storage (CCUS), Economics

The CCS Expert Meeting on Finance took place over two days in London.  The Meeting was by invitation only and limited to 80 people that included representatives from Governments, industry, the financial sector academia and research organizations.

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.

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Disclaimer

The content within the Global CCS Institute Publications, Reports and Research Library is provided for information purposes only. We make every effort and take reasonable care to keep the content of this section up-to-date and error-free. However, we make no claim as to its accuracy, currency or reliability.

Content and material featured within this section of our website includes reports and research published by third parties. The content and material may include opinions and recommendations of third parties that do not reflect those held by the Global CCS Institute.

Carbon dioxide capture and geological sequestration potential of the APEC region (phase III): final report
Carbon dioxide capture and geological sequestration potential of the APEC region (phase III): final report

26th June 2007

Topic(s): Carbon capture use and storage (CCUS), Economics

The purpose of this project (phase III) was to increase the capacity, expand the knowledge and awareness of APEC economies (China and Mexico) to assess the potential of CCS technologies within their own economies, evaluate the options and implement successful CCS initiatives.

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Disclaimer

The content within the Global CCS Institute Publications, Reports and Research Library is provided for information purposes only. We make every effort and take reasonable care to keep the content of this section up-to-date and error-free. However, we make no claim as to its accuracy, currency or reliability.

Content and material featured within this section of our website includes reports and research published by third parties. The content and material may include opinions and recommendations of third parties that do not reflect those held by the Global CCS Institute.

CO2 control technology effects on IGCC plant performance and cost
CO2 control technology effects on IGCC plant performance and cost

25th September 2006

Topic(s): CO2 capture, Economics

As part of the USDOE's Carbon Sequestration Program, an integrated modeling framework was developed to evaluate the performance and cost of alternative carbon capture and storage (CCS) technologies for fossil-fueled power plants in the context of multi-pollutant control requirements. The model (called IECM, for Integrated Environmental Control Model) also allows for explicit characterization of the uncertainty or variability in any or all input parameters. Power plant options currently include pulverized coal (PC) combustion plants, natural gas combined cycle (NGCC) plants, and integrated gasification combined cycle (IGCC) plants. This paper uses the IECM to analyze the effects of adding CCS to an IGCC system employing a GE quench gasifier with a water gas shift reactor and Selexol system for CO2 capture. Parameters of interest include the effects of varying the CO2 removal efficiency, the quality and cost of coal, and selected other factors affecting overall plant performance and cost. The stochastic simulation capability of the model also is used to illustrate the effect of uncertainties or variability in key parameters. The potential for advanced oxygen production and gas turbine technologies to reduce the cost and environmental impacts of IGCC with CCS also is analyzed.

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Disclaimer

The content within the Global CCS Institute Publications, Reports and Research Library is provided for information purposes only. We make every effort and take reasonable care to keep the content of this section up-to-date and error-free. However, we make no claim as to its accuracy, currency or reliability.

Content and material featured within this section of our website includes reports and research published by third parties. The content and material may include opinions and recommendations of third parties that do not reflect those held by the Global CCS Institute.

Social cost of carbon: a closer look at uncertainty
Social cost of carbon: a closer look at uncertainty

1st November 2005

Topic(s): Economics, Social cost

Uncertainty is inherent in estimates of the social cost of carbon (SCC). The UK Department for Environment, Food and Rural Affairs (Defra) initiated this research to evaluate the sources of uncertainties, plausible ranges of estimates of the SCC and areas for further research and assessment. The analytical framework for the project is a risk assessment that brings together elements of uncertainty in climate change and its impacts with uncertainties in economic valuation; both are related to the context of decision making.

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Disclaimer

The content within the Global CCS Institute Publications, Reports and Research Library is provided for information purposes only. We make every effort and take reasonable care to keep the content of this section up-to-date and error-free. However, we make no claim as to its accuracy, currency or reliability.

Content and material featured within this section of our website includes reports and research published by third parties. The content and material may include opinions and recommendations of third parties that do not reflect those held by the Global CCS Institute.

Building the cost curves for CO2 storage: European sector
Building the cost curves for CO2 storage: European sector

17th February 2005

Topic(s): CO2 storage, Economics

The IEA Greenhouse Gas R&D Programme (IEA GHG) has been systematically evaluating the cost and potential for reducing emissions of greenhouse gases arising from anthropogenic activities, especially the use of fossil fuels. A mitigation technology that has been given particular attention is the capture and storage of CO2 originating from large stationary point sources. To date a series of studies have been undertaken, on a range of options for the storage of carbon dioxide.

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) and ECOFYS.

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Disclaimer

The content within the Global CCS Institute Publications, Reports and Research Library is provided for information purposes only. We make every effort and take reasonable care to keep the content of this section up-to-date and error-free. However, we make no claim as to its accuracy, currency or reliability.

Content and material featured within this section of our website includes reports and research published by third parties. The content and material may include opinions and recommendations of third parties that do not reflect those held by the Global CCS Institute.

Building the cost curves for CO2 storage: North America
Building the cost curves for CO2 storage: North America

1st February 2005

Topic(s): Carbon capture use and storage (CCUS), CO2 storage, Economics

The IEA Greenhouse Gas R&D Programme has been systematically evaluating the cost and potential for reducing emissions of greenhouse gases arising from anthropogenic activities, especially the use of fossil fuels. To allow the different mitigation options under consideration to be compared IEA GHG has developed a series of mitigation cost curves which show the potential capacity for CO2 reduction as a function of the cost. This report reviews the development of a CO2 storage cost curve for North America, which covers on-shore USA and Canada.

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Disclaimer

The content within the Global CCS Institute Publications, Reports and Research Library is provided for information purposes only. We make every effort and take reasonable care to keep the content of this section up-to-date and error-free. However, we make no claim as to its accuracy, currency or reliability.

Content and material featured within this section of our website includes reports and research published by third parties. The content and material may include opinions and recommendations of third parties that do not reflect those held by the Global CCS Institute.

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