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Is CCS dead and if not how do we resuscitate it?

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Abstract:

Slideset from a presentation given to the IGEM Annual Conference 2016.

No! It’s not dead!

  • The UK has massive CO2 storage potential; it also has tremendous gas infrastructure (assets and people) to support CCS
  • The storage sites closely relate to existing gas industry and power generation locations
  • Gas power plant is cheap and quick to build compared to its competition; CCS (on gas) is competitive
  • Mid 2020’s sees a need for significant new generation –the market should value reliable, despatchable power
  • Gas companies may be sufficiently motivated to develop new long term customers that they may take new risks –storage, capture and transport are all existing gas company competencies
  • Gas CCGT with CCS provides both capacity and green electrons – it avoids having to subsidise an OSW plant for green electrons and an OCGT for reserve
  • High OSW penetration could be increasingly costly –having CCS as an option will be valuable

Publication Year:

2016

Publisher:

ETI

Author(s):

Ward, J.

Energy Category

Class Name:

Subclass Name:

Category Name:

Language:

English

File Type:

application/pdf

File Size:

820068 B

Rights:

Energy Technologies Institute Open Licence for Materials

Rights Overview:

The Energy Technologies Institute is making this document available to use under the Energy Technologies Institute Open Licence for Materials. Please refer to the Energy Technologies Institute website for the terms and conditions of this licence. The Information is licensed "as is" and the Energy Technologies Institute excludes all representations, warranties, obligations and liabilities in relation to the Information to the maximum extent permitted by law. The Energy Technologies Institute is not liable for any errors or omissions in the Information and shall not be liable for any loss, injury or damage of any kind caused by its use. This exclusion of liability includes, but is not limited to, any direct, indirect, special, incidental, consequential, punitive, or exemplary damages in each case such as loss of revenue, data, anticipated profits, and lost business. The Energy Technologies Institute does not guarantee the continued supply of the Information. Notwithstanding any statement to the contrary contained on the face of this document, the Energy Technologies Institute confirms that it has the right to publish this document.

Further information:

N/A

Region:

United Kingdom

Publication Type:

Presentation

Subject:

Technology

Theme(s):

Carbon Capture and Storage