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Comparing carbon capture and storage (CCS) with concentrating solar power (CSP): Potentials, costs, risks, and barriers

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  • Lilliestam, Johan
  • Bielicki, Jeffrey M.
  • Patt, Anthony G.

Abstract

Coal power coupled with Carbon [Dioxide] Capture and Storage (CCS), and Concentrating Solar Power (CSP) technologies are often included in the portfolio of climate change mitigation options intended to decarbonize electricity systems. Both of these technologies can provide baseload electricity, are in early stages of maturity, and have benefits, costs, and obstacles. We compare and contrast CCS applied to coal-fired power plants with CSP. At present, both technologies are more expensive than existing electricity-generating options, but costs should decrease with large-scale deployment, especially in the case of CSP. For CCS, technological challenges still remain, storage risks must be clarified, and regulatory and legal uncertainties remain. For CSP, current challenges include electricity transmission and business models for a rapid and extensive expansion of high-voltage transmission lines. The need for international cooperation may impede CSP expansion in Europe.

Suggested Citation

  • Lilliestam, Johan & Bielicki, Jeffrey M. & Patt, Anthony G., 2012. "Comparing carbon capture and storage (CCS) with concentrating solar power (CSP): Potentials, costs, risks, and barriers," Energy Policy, Elsevier, vol. 47(C), pages 447-455.
  • Handle: RePEc:eee:enepol:v:47:y:2012:i:c:p:447-455
    DOI: 10.1016/j.enpol.2012.05.020
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    6. Hoz, Jordi de la & Martín, Helena & Montalà, Montserrat & Matas, José & Guzman, Ramon, 2018. "Assessing the 2014 retroactive regulatory framework applied to the concentrating solar power systems in Spain," Applied Energy, Elsevier, vol. 212(C), pages 1377-1399.
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    9. Gren, Ing-Marie & Tirkaso, Wondmagegn, 2021. "Costs and equity of uncertain greenhouse gas reductions – fuel, food and negative emissions in Sweden," Energy Economics, Elsevier, vol. 104(C).
    10. Iyer, Gokul & Hultman, Nathan & Eom, Jiyong & McJeon, Haewon & Patel, Pralit & Clarke, Leon, 2015. "Diffusion of low-carbon technologies and the feasibility of long-term climate targets," Technological Forecasting and Social Change, Elsevier, vol. 90(PA), pages 103-118.
    11. Pizzolato, A. & Donato, F. & Verda, V. & Santarelli, M. & Sciacovelli, A., 2017. "CSP plants with thermocline thermal energy storage and integrated steam generator – Techno-economic modeling and design optimization," Energy, Elsevier, vol. 139(C), pages 231-246.
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    13. Liu, Xianbing & Fan, Yongbin & Li, Chen, 2016. "Carbon pricing for low carbon technology diffusion: A survey analysis of China's cement industry," Energy, Elsevier, vol. 106(C), pages 73-86.
    14. Damien Bazin & Nouri Chtourou & Amna Omri, 2019. "Risk management and policy implications for concentrating solar power technology investments in Tunisia," Post-Print hal-02061788, HAL.
    15. Hernández-Moro, J. & Martínez-Duart, J.M., 2013. "Analytical model for solar PV and CSP electricity costs: Present LCOE values and their future evolution," Renewable and Sustainable Energy Reviews, Elsevier, vol. 20(C), pages 119-132.
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