News

Alstom study: CCS is cost effective

Publish date: June 14, 2011

Written by: Niklas Kalvø Tessem

Alstom has launched a detailed study of its 13 pilot and demonstration projects with carbon dioxide capture and storage (CCS). It shows that the electricity costs from CCS-equipped coal-fired power plants will be competitive with electricity generated from renewable sources.

The cost of electricity generated by a coal-fired power plant fitted with carbon dioxide capture and storage (CCS) will be €0.65-0.85/kWh when the technology is commercially available in 2015, according to the study.

Alstom says CCS technology is now on the point of large-scale deployment, and that Europe is well-positioned to take a lead.

“This is a decisive moment for players in the European energy field, in industry or in policy-making, if they want to actively position themselves as leaders on the world stage for this field of decarbonised fossil fuels, where there is considerable potential,” says Joubert, according to Energy Efficiency News.

The report also indicates that costs are likely to improve over the years as the technology matures and will also be similar for gas-fired power stations.

More News

All news

The role of CCS in Germany’s climate toolbox: Bellona Deutschland’s statement in the Association Hearing

After years of inaction, Germany is working on its Carbon Management Strategy to resolve how CCS can play a role in climate action in industry. At the end of February, the Federal Ministry for Economic Affairs and Climate Action published first key points and a proposal to amend the law Kohlenstoffdioxid Speicherungsgesetz (KSpG). Bellona Deutschland, who was actively involved in the previous stakeholder dialogue submitted a statement in the association hearing.

Project LNG 2.

Bellona’s new working paper analyzes Russia’s big LNG ambitions the Arctic

In the midst of a global discussion on whether natural gas should be used as a transitional fuel and whether emissions from its extraction, production, transport and use are significantly less than those from other fossil fuels, Russia has developed ambitious plans to increase its own production of liquified natural gas (LNG) in the Arctic – a region with 75% of proven gas reserves in Russia – to raise its share in the international gas trade.