2019
DOI: 10.1016/j.ijggc.2019.02.015
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Profiting from CCS innovations: A study to measure potential value creation from CCS research and development

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Cited by 23 publications
(15 citation statements)
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“…To mitigate the associated climate risks, Carbon Capture and Sequestration (CCS) technologies are gaining more and more interest. [1][2][3][4][5][6][7] Among the different capture technologies, post-combustion techniques do not require onerous changes to existing plants and thus can be more readily deployed. However, post-combustion CO 2 capture may result in significant loss of energy efficiency and considerable increase in operating costs.…”
Section: Symbols Latinmentioning
confidence: 99%
“…To mitigate the associated climate risks, Carbon Capture and Sequestration (CCS) technologies are gaining more and more interest. [1][2][3][4][5][6][7] Among the different capture technologies, post-combustion techniques do not require onerous changes to existing plants and thus can be more readily deployed. However, post-combustion CO 2 capture may result in significant loss of energy efficiency and considerable increase in operating costs.…”
Section: Symbols Latinmentioning
confidence: 99%
“…Most urgently, it appears that the current price structure of CCS makes it too expensive, and informants argue that commercial actors (e.g., in the process industry) have few, if any, incentives to implement it. There is currently no market for capturing and storing CO 2 , and, of crucial importance to the future of CCS, it is reasonable to claim that technological development and market formation are key to achieving widespread implementation (Størset et al 2019).…”
Section: Ccs Technologiesmentioning
confidence: 99%
“…Such measures were supplemented by necessary policies and regulations which can promote the diffusion of modern coal-fired power generation technology and the natural elimination of the backward generation units. For ultra-supercritical coal-fired power units with high generation efficiency, utilizing the CCUS equipment was the preferred option to achieve the target of emission reduction, the diffusion of which was hindered by the cost factors [23]. The carbon costs saved by this device cannot cover its high R&D and operation costs.…”
Section: Introductionmentioning
confidence: 99%