April 10-14, 2016
Based on a review and analysis of recent cost studies, this paper assesses the current costs of CO2 capture and storage (CCS) for new fossil fuel power plants and compares them to costs reported a decade ago in the IPCC Special Report on Carbon dioxide Capture and Storage (SRCCS). The major CCS options include post-combustion CO2 capture at supercritical pulverized coal (SCPC) and natural gas combined cycle (NGCC) power plants, pre-combustion capture at coal-based integrated gasification combined cycle (IGCC) power plants, and SCPC plants employing oxy-combustion for CO2 capture. Transport and storage options include pipeline and geological storage, including utilization for enhanced oil recovery. To compare current CCS costs to past estimates all costs are adjusted to constant 2013 US dollars using cost indices for power plant capital costs, fuel costs and other O&M costs. The resulting changes in capital cost, levelized cost of electricity, and mitigation costs for each power plant system with and without CCS are reported, along with the outlook for future CCS costs.
Edward Rubin, "CCS cost trends and outlook" in "CO2 Summit II: Technologies and Opportunities", Holly Krutka, Tri-State Generation & Transmission Association Inc. Frank Zhu, UOP/Honeywell Eds, ECI Symposium Series, (2016). http://dc.engconfintl.org/co2_summit2/7