Cost analysis of carbon capture and storage for the Latrobe Valley

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

This report assesses the cost and economic environment of different carbon capture and storage (CCS) technologies, in order to make a decision regarding the best approach for capturing and then sequestering the carbon‐dioxide (CO₂) from the emissions of a brown coal fired power plant in Southeastern Australia. In this report, carbon capture and storage is defined as capturing the CO₂from the plant’s flue gas emissions and securing this CO₂ in a location where it will probably not be re‐released into the environment. Avoiding CO₂ emissions due to process changes is also considered. Specifically, we consider well known technologies that require captured carbon to be compressed and sequestered underground and a new approach proposed by Calera Corporation.  This report will focus on the levelized cost of electricity generation for each technology, as a function of the price for CO₂ emissions, to compare the Calera process with the traditional CO₂ capture processes. We will assume the local economic conditions that prevail in the Latrobe Valley in Australia.

Download

Back to Publications

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.