A capture option is an option contract where the option holder can exercise a contract to retrofit an existing fossil fuel plant to capture carbon dioxide (rm CO₂) on or before a fixed date. We suggest that new thermal power plants, particularly those in developing countries, consider issuing...

China has been building approximately 1 GW of new coal-fired power plant per week since 2005. Power plants now in construction may continue to operate until 2040. “CCS (Carbon Capture and Storage) Ready” enables and eases the subsequent retrofitting of a plant to be able to capture carbon...

We present results of a major survey of Chinese opinion leaders conducted from March to April 2009, supported by EU-UK-China near zero emissions coal (NZEC) initiative. Respondents were drawn from 27 provinces and regions using an online survey with follow-up face-to-face interviews. A total of...

Building on previous stakeholder consultations from 2006 to 2010, we conduct a financial analysis for a generic CCS power plant in China. In comparison with conventional thermal generation technologies, a coal-fired power plant with CCS requires either a 70% higher on-grid electricity tariff or...

Cement is the second largest anthropogenic emission source, contributing approximately 7% of global CO2 emissions. Carbon dioxide capture and storage (CCS) technology is considered by the International Energy Agency (IEA) as an essential technology capable of reducing CO2 emissions in the cement...