A 2050 perspective on the role for carbon capture and storage in the European power system and industry sector

Holz, Franziska; Scherwath, Tim; Granado, Pedro Crespo del; Skar, Christian; Olmos, Luis; Ploussard, Quentin; Ramos, Andrés; Herbst, Andrea

doi:10.1016/j.eneco.2021.105631

Cited by 45 publications

(21 citation statements)

References 44 publications

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“…21 The European Commission calculates that at least 5 Mt of CO 2 should be stored annually by 2030, 22 with other studies suggesting this may increase to 350 Mt CO 2 /yr from 2030 onward. 23 Carbon Capture and Storage (CCS) is currently the one option to decarbonize combustion power stations and CO 2 -Figure 1. Subsurface natural gas storage capacity (AGSI+ 3 ) of European countries to meet their winter energy consumption (October 2020-March 2021; Eurostat: 9 UK's winter 2020 gas consumption from AGSI+ 3 ).…”

Section: Meeting Current Natural Gas Demandsmentioning

confidence: 99%

Section: The Future Subsurface Storage Landscapementioning

confidence: 99%

“…In this low-carbon context, large-scale geological storage of CO 2 is unavoidable to mitigate residual emissions and to meet emission reduction targets . The European Commission calculates that at least 5 Mt of CO 2 should be stored annually by 2030, with other studies suggesting this may increase to 350 Mt CO 2 /yr from 2030 onward …”

Section: The Future Subsurface Storage Landscapementioning

confidence: 99%

“…21 The European Commission calculates that at least 5 Mt of CO 2 should be stored annually by 2030, 22 with other studies suggesting this may increase to 350 Mt CO 2 /yr from 2030 onward. 23 Carbon Capture and Storage (CCS) is currently the one option to decarbonize combustion power stations and CO 2 - intensive industries, such as cement and steel production. Additionally, Bioenergy with Carbon Capture and Storage (BECCS) is predicted to be vital to meet the 2050 net zero targets, 24 also requiring large subsurface storage of CO 2 .…”

Section: Meeting Current Natural Gas Demandsmentioning

confidence: 99%

See 3 more Smart Citations

Toward Energy-Independence and Net-Zero: The Inevitability of Subsurface Storage in Europe

et al. 2022

View full text Add to dashboard Cite

Section: Meeting Current Natural Gas Demandsmentioning

confidence: 99%

Section: The Future Subsurface Storage Landscapementioning

confidence: 99%

Section: The Future Subsurface Storage Landscapementioning

confidence: 99%

“…21 The European Commission calculates that at least 5 Mt of CO 2 should be stored annually by 2030, 22 with other studies suggesting this may increase to 350 Mt CO 2 /yr from 2030 onward. 23 Carbon Capture and Storage (CCS) is currently the one option to decarbonize combustion power stations and CO 2 - intensive industries, such as cement and steel production. Additionally, Bioenergy with Carbon Capture and Storage (BECCS) is predicted to be vital to meet the 2050 net zero targets, 24 also requiring large subsurface storage of CO 2 .…”

Section: Meeting Current Natural Gas Demandsmentioning

confidence: 99%

See 2 more Smart Citations

Toward Energy-Independence and Net-Zero: The Inevitability of Subsurface Storage in Europe

et al. 2022

View full text Add to dashboard Cite

“…Aiming at pushing ahead with the CCUS investment in electric power sector, related researches have been carried out by domestic and foreign scholars through various mathematical methods. 14 , 15 , 16 , 17 Specifically, on the one hand, it involves the evaluation of the total system levelized cost of the CCUS full-life cycle deployment. 18 , 19 , 20 On the other hand, the retrofitting potential and option value are evaluated from the perspective of carbon price and carbon tax under uncertain investment circumstances.…”

Section: Introductionmentioning

confidence: 99%

Optimal deployment for carbon capture enables more than half of China’s coal-fired power plant to achieve low-carbon transformation

Yang¹,

N²,

Lv³

et al. 2022

iScience

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Reflecting the energy transition from a European perspective and in the global context—Relevance of solar photovoltaics benchmarking two ambitious scenarios

Breyer

Bogdanov

Ram

et al. 2022

Progress in Photovoltaics

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Multiple energy‐related crises require a fast transition towards a sustainable energy system. The European Green Deal aims for zero CO2 emission by 2050, while accelerating climate change impacts obligate a faster phase‐out of fossil fuels. Energy transition studies for Europe at and near 100% renewable energy are used as a benchmark for two newly introduced scenarios for Europe reaching zero CO2 emissions by 2050 and 2040. A technology‐rich energy system model was applied in hourly resolution for Europe in 20 interconnected regions and in full sector coupling covering all energy demands. The results reveal a cost‐neutral energy transition towards 2050 based on declining levelised cost of electricity and a pathway with 9% higher energy costs leading to 17% lower total CO2 emissions with an accelerated energy transition by 2040. The two scenarios find shares of solar photovoltaic (PV) in total generation of 61%–63% by 2050, the highest ever estimated for Europe, still below the highest global average shares ranging between 75% and 77% form three independent studies. The central energy system components are solar PV, wind power, batteries, electrolysers and CO2 direct air capture for carbon capture and utilisation. The core characteristic of the European energy future may be best described by a power‐to‐X economy, which may evolve on the global scale to a solar‐to‐X economy.

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A 2050 perspective on the role for carbon capture and storage in the European power system and industry sector

Cited by 45 publications

References 44 publications

Toward Energy-Independence and Net-Zero: The Inevitability of Subsurface Storage in Europe

Toward Energy-Independence and Net-Zero: The Inevitability of Subsurface Storage in Europe

Optimal deployment for carbon capture enables more than half of China’s coal-fired power plant to achieve low-carbon transformation

Reflecting the energy transition from a European perspective and in the global context—Relevance of solar photovoltaics benchmarking two ambitious scenarios

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