Bridging the commercial gap for carbon capture and storage
1st July 2011
Tenaska share their analysis of the commercial market factors which drive their project. This project plans to sell electricity into the Electricity Reliability Council of Texas (ERCOT) energy market, capture over five million tonnes of CO2 per year, and sell it into the Permian Basin Enhanced Oil Recovery (EOR) market both of which have large unmet demand. This report discusses the economic realities facing the Trailblazer Project to incorporate a commercial-scale carbon dioxide capture plant into its initial design. It reviews the markets for both electricity and carbon dioxide, and discusses the governmental support that may be needed to bridge the gap between the Project’s likely costs and revenues.
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