The Cost of Carbon Capture and Storage Demonstration Projects in Europe26 May 2011
This white paper, by the European Union Joint Research Centre, emphasises the need to accelerate the development and demonstration of carbon capture and storage (CCS) technologies.
The article shows that CCS technologies are among the key objectives of the strategic energy technology plan of the EU.
Calculations presented in this report show that the cost of a 400MW CCS demonstration project is about 680m ($970m) for coal plants and 550m ($784.96m) for gas plants.
The Cost of Carbon Capture and Storage Demonstration Projects in Europe