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Carbon Capture and Storage (CCS) Technologies and Economic Investment Opportunities in the UK

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  • Julien Chevallier

    (LEDa - Laboratoire d'Economie de Dauphine - IRD - Institut de Recherche pour le Développement - Université Paris Dauphine-PSL - PSL - Université Paris sciences et lettres - CNRS - Centre National de la Recherche Scientifique, Université Paris Dauphine-PSL - PSL - Université Paris sciences et lettres)

Abstract

This article reviews the role played by carbon and capture (CCS) technologies in order to facilitate the transition to low-carbon emitting technologies in the medium term. More precisely, we address the following central questions: how will the development of CCS technologies impact energy policies in order to yield to sustainable energy solutions? At what costs will pollution reductions be achieved? And most importantly, which CCS technologies will turn out to offer the most effective and efficient solution to handle the challenge of the increased demand for energy within the context of the climate change? We critically assess the technology readiness levels of various CCS technologies – post-combustion capture, pre-combustion capture, amine scrubbing, oxyfuel, integrated gasification combined cycle, calcium looping and chemical looping – based on the best available evidence to date.

Suggested Citation

  • Julien Chevallier, 2010. "Carbon Capture and Storage (CCS) Technologies and Economic Investment Opportunities in the UK," Working Papers halshs-00465621, HAL.
    • Handle: RePEc:hal:wpaper:halshs-00465621
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00465621
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    Cited by:

    1. Lai, N.Y.G. & Yap, E.H. & Lee, C.W., 2011. "Viability of CCS: A broad-based assessment for Malaysia," Renewable and Sustainable Energy Reviews, Elsevier, vol. 15(8), pages 3608-3616.

    More about this item

    Keywords

    Carbon Capture and Storage; Technology Readiness; Climate Policy;
    All these keywords.

    JEL classification:

    • Q52 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Pollution Control Adoption and Costs; Distributional Effects; Employment Effects
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • Q55 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Technological Innovation
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics

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