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Building the cost curves for CO2 storage: European sector
17th February 2005
Topic(s): Economics, CO2 storage
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.