The cost of carbon capture and storage demonstration projects in Europe
13th January 2010
This report describes the methodology used for the estimation of the costs of the carbon capture and storage (CCS) demonstration programme in Europe. Financial needs have been estimated based on the calculation of the difference of lifetime capital and operating costs between CCS and conventional plants; and on assumptions concerning the composition of the CCS demonstration programme. The additional lifetime costs of a CCS demonstration plant have been estimated using reference values for the cost of the CO2 capture technologies (pre- and postcombustion and oxyfuel), which have stemmed from an extensive assessment of literature sources using a transparent methodology, which alleviates to a significant extent the confusion about the economics of CCS technologies.
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