New report claims CCS costs can fall with existing technology
The UK Energy Technologies Institute (ETI) has published a report claiming that a sequential, co-located series of deployments in the UK using existing technology could reduce carbon capture and storage (CCS) costs by up to 45%. The report says that successfully deploying CCS would save the UK tens of billions of pounds by providing low carbon electricity, creating low carbon fuels and delivering negative emissions in conjunction with bioenergy. Report’s author and ETI CCS Strategy Manager, Den Gammer said: "The high capital cost of CCS means technology risks have to be carefully managed, but initial cost reduction can be achieved without creating new capture technology platforms by making use of economies of scale, sharing infrastructure and through physical demonstration".

ETI insight says costs can be reduced without new capture technology platforms

Existing technology and a co-ordinated, co-located series of deployments can cut CCS costs says a report from the UK Energy Technologies Institute.