||This note provides a summary of how the CAPEX cost estimate provided in D4.1 maps on to the GCCSI’s proposed approach to standardise CCS cost estimates.
In March 2013, the Global CCS Institute published a paper entitled “Toward a Common Method of Cost Est imation for CO2 Capture and Storage at Fossil Fuel Power Plants” (Global CCS Institute, 2013). This paper presents terminology that the Institute has put forward as a suggested standard for the categorisation of cost categories for power and CCS projects.
Earlier in 2017, SNC-Lavalin produced a capital cost and operating cost estimate for the Energy Technologies Institute which contained the elements detailed in the Global CCS paper; however, categorised the costs differently. This technical note aims to identify the cost within each category as detailed in Table 4 of the Global CCS Institute paper from the SNC-Lavalin cost estimates, and identify any differences, additions, or omissions from the reference classifications.