Cost of capturing CO2 drops 67% for next gen carbon capture plant

Nov 30 2018

The International CCS Knowledge Centre report shows a deep capital cost reductions of 67% per tonne of captured CO2.

The study showed that compared to the Boundary Dam 3 CCS project (BD3), a CCS system at Shand could see capture capital cost reductions of 67% per tonne of CO2 captured as well as 92% in potential savings to power plant integration capital cost.

Based on the model, the levelized cost of captured CO2 is calculated at $45US/tonne.

The Shand CCS Feasibility Study is based on an independent study of the construction and design of SaskPower’s Boundary Dam 3 CCS project. In addition to cost reductions, key outcomes of the Shand CCS Feasibility Study include:

  1. A design that ensures improved responsiveness to fluctuating customer demand for power, which is increasingly necessary in power systems that exhibit increasing levels of variable renewable energy such as wind and solar;
  2. A design that minimizes water requirements; and
  3. A meaningful reduction in process complexity, allowing efficiency gains to be maximized.

“This innovative study destroys the myth, once and for all, that Carbon Capture Utilization and Storage in the power sector is not a cost-effective mitigation option. The study clearly demonstrates that CCUS on coal can be competitive with natural gas even with the very low gas prices in North America.” said John Gale, General Manager, IEAGHG.

Download the report

Previous: Award launched for 'best CO2 utilisation'

Next: EU Long Term Strategy highlights important role of CCS

Learn how Silixa’s distributed acoustic sensing
technology provides a reliable CCS monitoring solution

Issue 76 - July - Aug 2020

CCUS in Australia: Silixa CO2 storage monitoring with fibre-optics at Otway .. Growing momentum for CCUS in Australia .. Decarbonising steel production .. CarbonNet commercialisation in the pipeline .. Australian researchers set record for CO2 captur.....
Subscribers can access the latest issue here