Techno-economic methodology to assess carbon capture technologies

IOGP Report 671


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Description

Carbon capture and storage (CCS) plays a crucial role in decarbonizing the energy sector. Current projections show a significant increase of CCS projects in development, with carbon capture remaining the most cost-intensive aspect of the CCS value chain. Further development and innovation in this field can make a substantial impact. As more and more industries develop their own decarbonization strategies, there is a corresponding increase in CCS technologies at varying levels of maturity. This Report presents a techno-economic assessment methodology to determine the capital and operating expenditures of each technology.

Additional information

Publication Date

April 2024

Version

1.0