Assesses available evidence on the costs of installing CCS for UK industry.
The Department for Business, Innovation & Skills commissioned Element Energy to update cost data on carbon capture and storage (CCS) for industrial applications.
The findings include:
- there are insufficient studies on the costs of industrial CCS, so cost estimates are highly uncertain, with the most expensive capture plants estimates ranging from £30 to £330/tCO2
- the costs also vary significantly by location, due to transport distances and ability to share transport and storage with other users, and by site due to issues such as availability of waste heat to use in the capture process