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cutting-costs-of-ccs-the-next-generation-of-carbon-capture-technology
cutting-costs-of-ccs-the-next-generation-of-carbon-capture-technology

Cutting costs of CCS: The next generation of carbon capture technology

The unique ability of carbon capture and storage (CCS) to reduce carbon dioxide (CO2) emissions while keeping fossil fuels in the energy supply mix has an increasingly vital role to play in the transition to a low carbon economy, though high costs have previously been a prohibiting factor in its mainstream deployment.

A wave of new CCS technologies have the potential to dramatically cut these costs for the industry, helping to accelerate the commercialisation of energy generation with CCS.

This potential is evidenced in a new CO2 Technology Centre Mongstad (TCM)-commissioned SINTEF report, which provides an independent assessment of the maturity of a raft of next-generation CO₂ capture technologies. A total of 23 novel forms of CO₂ capture were analysed, with 12 of these categorised as post-combustion technologies, three as oxy-combustion technologies and eight as pre-combustion technologies.

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