The costs of carbon capture and storage (CCS) would come down sharply if it was deployed in the UK, according to the Energy Technologies Institute (ETI). An ETI report found building a demonstration plant and then three full-scale projects could result in the levelised cost of energy for CCS enabled gas generation reducing by up to 45 per cent. By comparison it found that improving sequestration technology – even to the point where it’s operating at its maximum theoretically efficiency – could only reduce costs by five to ten per cent.
Utility Week 27t May 2016 read more »