Perspectives on The Techno-Economic Analysis of Carbon Capture and Storage

Abstract

Carbon capture and storage (CCS) is required in order to reduce the impact of fossil fuel burning on global warming and the resulting climate change. The use of CCS technology offers much promise in regard to the capture of major levels of waste carbon dioxide produced from the burning of fossil fuels for electricity generation and from industrial processes. Crucial to the development of CCS technology is the need for improved decision-making tools to underpin sustainable investment and associated policy initiatives for CCS technology and infrastructure. Consequently, this paper provides the results from the techno-economic analysis of CCS. This includes regression modelling of the levelized cost of electricity for power generation via combined cycle gas turbine both with and without CCS. In order to inform future research in the area, a supporting CCS research agenda has been formulated.

A Review Based on Low- and High-Stream Global Carbon Capture and Storage (CCS) Technology and Implementation Strategy

“…To capture carbon dioxide, three techniques can be used [8], which was flue gas separation, oxy-fuel combustion and pre-combustion. Most of these techniques were used dependable on the sources, process, applications and environments.…”

“…The first method is post-combustion method [8], whereas the bubbling gas separated the CO2 from the flue gas of the power station, while a liquid solvent (i.e. ammonia) absorber column packed with that preferentially take out the CO2.…”

Critical Analysis and Evaluation of the Technology Pathways for Carbon Capture and Utilization

“…There are, however, various issues that need to be addressed in regard to key policy determinants as well as the various economic, technological and environmental issues. Specifically in the case of CCS [31], certain decision factors have been identified as having a high impact (namely capture technology, storage technology, and cost reduction), others a moderate impact (namely investment decision, environmental assessment, regulatory framework, and site selection) and some with a low level impact (namely transportation system, public awareness, government funding, monitoring technology, and international collaboration). Although these factors relate principally to CCS and not CCU, they do nevertheless provide an indication of where the priorities lie in terms of further developmental needs for the underlying technologies associated with both processes.…”

Turning CO2 into sustainable graphene: a comprehensive review of recent synthesis techniques and developments

“…Membrane technologies can play a role in separation processes during oceanic CO 2 capture, yet the practical implementation faces hurdles related to durability, maintenance, and environmental impact. Therefore, the transportation and storage of captured CO 2 require extensive infrastructure and regulatory frameworks, further complicating the deployment of large-scale CCS [6,7]. This review highlights the challenges of the conversion of uptake CO 2 into value-added carbon products by underlying the scalability, economic viability, and repeatability in order to provide advancing sustainable and effective strategies in combating climate change.…”