Insight
Analysing post-combustion CO2 capture methods: Technology providers tout advances, but can they meaningfully reduce costs?
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
This paper considers the cost reduction potential of key post-combustion CO2 capture technology developers. At present, cost-combustion CCUS faces two key barriers: excessive costs and insufficient carbon pricing incentives. The capture market has historically been dominated by MEA amine absorption which benefits from decades of industrial experience and therefore reduced commercial risks. However, the technology suffers from several disadvantages which make it an expensive choice. New technologies are researching improvements such as advanced solvents, physical separation methods and modular designs, all of which will likely reduce the cost of post-combustion CCUS in the long-term.
Table of contents
- Introduction: Carbon capture is still mostly too expensive
- Traditional amine scrubbing is dependable, but inadequate
- What are the emerging CO 2 capture technologies?
- How will market demand influence cost trajectory and adoption?
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How will new capture technologies decrease capture cost?
- Co-benefits
- Impacts of modularity
- Solvent considerations
- There is no clear winner, but trends are emerging
Tables and charts
This report includes the following images and tables:
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CCUS applicability to global emissionsTechnology OverviewApplication of technology platforms across different sectors
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CO2 Capture Platform OverviewForecast of capture capacity (point source) breakdown by sector expected in 2035 and 2050LCOCCUS of 1 Mtpa power plant using amine scrubbing technology (US$/tCO2)LCOCCUS and LROCCUS of Cormorant Clean Energy (1.4 Mtpa) using 8 Rivers technologyCost curve analysis for different post-combustion CO2 capture technologies
What's included
This report contains:
