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Ten times more difficult: Quantifying the carbon capture and storage challenge

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  • Nykvist, Björn

Abstract

Carbon Capture and Storage (CCS) is receiving much attention and is being promoted as an important low-carbon technology. This paper communicates key insights and conclusions from a larger study that conducted review work, policy analysis, and interviews with actors in the global CCS community (Varnäs et al., 2012). No judgment is made of the desirability of choosing CCS as a low carbon technology option, but if this technology is indeed pursued, four challenges are found to be 10 times greater than often recognized. These are; (i) a tenfold up-scaling in size (MW) from pilot plants to that of commercial demonstration, (ii) a tenfold increase in number of large scale demonstration plants actually being constructed, (iii) a tenfold increase in available annual funding over the coming 40 years and, (iv) a tenfold increase in the price put on carbon dioxide emissions. It is clear that the current development path will not fulfil expectations of CCS being commercially available at the end of this decade, nor will CCS be widely applied in time for significant contributions to needed CO2 emission reductions. CCS will only be developed if policymakers continue to favour coal based power generation while simultaneously developing stringent climate policy.

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  • Nykvist, Björn, 2013. "Ten times more difficult: Quantifying the carbon capture and storage challenge," Energy Policy, Elsevier, vol. 55(C), pages 683-689.
    • Handle: RePEc:eee:enepol:v:55:y:2013:i:c:p:683-689
    DOI: 10.1016/j.enpol.2012.12.026
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    Cited by:

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    5. Marshall, Jonathan Paul, 2016. "Disordering fantasies of coal and technology: Carbon capture and storage in Australia," Energy Policy, Elsevier, vol. 99(C), pages 288-298.
    6. Normann, Håkon Endresen, 2017. "Policy networks in energy transitions: The cases of carbon capture and storage and offshore wind in Norway," Technological Forecasting and Social Change, Elsevier, vol. 118(C), pages 80-93.
    7. Ming, Zeng & Shaojie, Ouyang & Yingjie, Zhang & Hui, Shi, 2014. "CCS technology development in China: Status, problems and countermeasures—Based on SWOT analysis," Renewable and Sustainable Energy Reviews, Elsevier, vol. 39(C), pages 604-616.
    8. Wang, Fu & Deng, Shuai & Zhang, Houcheng & Wang, Jiatang & Zhao, Jiapei & Miao, He & Yuan, Jinliang & Yan, Jinyue, 2020. "A comprehensive review on high-temperature fuel cells with carbon capture," Applied Energy, Elsevier, vol. 275(C).
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    11. Onyebuchi, V.E. & Kolios, A. & Hanak, D.P. & Biliyok, C. & Manovic, V., 2018. "A systematic review of key challenges of CO2 transport via pipelines," Renewable and Sustainable Energy Reviews, Elsevier, vol. 81(P2), pages 2563-2583.
    12. Jonathan Paul Marshall, 2022. "A Social Exploration of the West Australian Gorgon Gas, Carbon Capture and Storage Project," Clean Technol., MDPI, vol. 4(1), pages 1-24, February.
    13. Stephan Spiecker & Volker Eickholt, 2013. "The Impact Of Carbon Capture And Storage On A Decarbonized German Power Market," EWL Working Papers 1304, University of Duisburg-Essen, Chair for Management Science and Energy Economics, revised Oct 2013.
    14. Joyeeta Gupta & Arthur Rempel & Hebe Verrest, 2020. "Access and allocation: the role of large shareholders and investors in leaving fossil fuels underground," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 20(2), pages 303-322, June.
    15. Spiecker, S. & Eickholt, V. & Weber, C., 2014. "The impact of carbon capture and storage on a decarbonized German power market," Energy Economics, Elsevier, vol. 43(C), pages 166-177.

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