Insight
Carbon capture and storage: how far can costs fall? (Executive Summary)
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
This report is an abridged summary version of the report Carbon capture and storage: how far can costs fall? published 6 September 2021 The full report, with accompanying data, is available to subscribers of Wood Mackenzie’s Energy Transition Service. Scaling up carbon capture and storage (CCS) is vital to achieving net zero by 2050. But the costs associated with it are high. Why is it so expensive? And how far can costs fall? These are the questions we tackle in this report, Wood Mackenzie's first proprietary view on the costs of CCS. In this report, we cover the levelised cost of CCS at four industry applications: - Power (NGCC and coal) - Natural gas processing, pre-treatment (CO2 removed as part of the process, an alternative to venting) - Natural gas processing, post-combustion (from the flue gas at e.g. a liquefaction or gas processing plant ) - Hydrogen production (from Steam Methane Reformation)
Table of contents
- Executive summary
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
CCUS Licensing, Leasing, and Permitting Review Q1 2025
Wood Mackenzie’s quarterly review of global CCUS licensing, leasing, and permitting activities.
$1,250
Insight
2023 CCUS fundamentals: subsurface storage of carbon
We cover the essential concepts of subsurface storage of CO2 in depleted fields and saline aquifers.
$1,250
Insight
Project Greensand: why it matters for CCUS and what Denmark did right
CO2 injection is initiated at the Project Greensand pilot in Denmark - the first cross-border CO2 to be stored in the North Sea.
$1,250
