Publications
Potential cost reductions in CCS in the power sector: discussion paper
1st May 2012
Topic(s): Carbon capture use and storage (CCUS), Economics
This discussion paper presents a summary of the findings of Mott MacDonald’s energy economics team on the potential for cost reduction in CCS in the power sector in the UK. The paper is intended to stimulate further thinking, particularly through the CCS Cost Reduction Task Force. This paper identifies the main activities that could potentially drive a reduction in the cost of commercial scale CCS and estimate the scale of any potential cost reduction, focusing on the near to medium term. It comments on how CCS affects power generation costs, reviews how other studies have approached cost reduction and discusses bottom-up projections of the scope for cost reduction across the main technology routes.
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