The promise of carbon capture and storage: evaluating the capture-readiness of new EU fossil fuel power plants
To what degree are recently built and planned power plants in the EU 'capture-ready' for carbon capture and storage (CCS)? Survey results show that most recently built fossil fuel power plants have not been designed as capture-ready. For 20 planned coal-fired plants, 13 were said to be capture-ready (65%). For 31 planned gas-fired power plants, only 2 were indicated to be capture-ready (6%). Recently built or planned power plants are expected to cover a large share of fossil fuel capacity by 2030 and thereby have a large impact on the possibility to implement CCS after 2020. It is estimated that around 15-30% of fossil fuel capacity by 2030 can be capture-ready or have CO<sub>2</sub> capture implemented from the start. If CCS is implemented at these plants, 14-28% of baseline CO<sub>2</sub> emissions from fossil fuel power generation in 2030 could be mitigated, equivalent to 220-410 MtCO<sub>2</sub>. A key reason indicated by utilities for building a capture-ready plant is (expected) national or EU policies. In addition, financial incentives and expected high CO<sub>2</sub> prices are important. The implementation of a long-term regulatory framework for CCS with clear definitions of 'capture- readiness' and policy requirements will be important challenges.
Year of publication: |
2011
|
---|---|
Authors: | GRAUS, WINA ; ROGLIERI, MAURO ; JAWORSKI, PIOTR ; ALBERIO, LUCA ; WORRELL, ERNST |
Published in: |
Climate Policy. - Taylor & Francis Journals, ISSN 1469-3062. - Vol. 11.2011, 1, p. 789-812
|
Publisher: |
Taylor & Francis Journals |
Saved in:
Online Resource
Saved in favorites
Similar items by person
-
Graus, Wina, (2011)
-
Meng, Lina, (2014)
-
Trend in efficiency and capacity of fossil power generation in the EU
Graus, Wina, (2009)
- More ...