Abstract:
This report aims to extend the Energy Technology Institute’s (ETI) modelling analysis of the role of carbon capture and storage (CCS) in enabling the UK to meet its carbon budgets efficiently. ETI’s energy system modelling uses robust engineering analysis and cost evidence within its Energy System Modelling Environment (ESME). ESME analysis suggests that without CCS, the cost of reaching UK Climate Change targets will double from a minimum of around £30bn per year in 2050. Apart from its role in power generation, CCS enables flexible low carbon energy by capturing industrial emissions, through gasification applications and by delivering negative emissions in combination with bio-energy.
Enabling CCS to realise its potential and play this key role will require substantial investment in building the sector over the period to 2030. ESME scenarios suggest that acost-optimal 2050 energy system would require building a sector storing ca. 100 million tonnes of CO2 by 2050. To reach this target requires that the CCS sector and associated infrastructure will need to be extensively developed by 2030, storing ca. 50 million tonnes of CO2 with ~10 Gigawatts (GW) of power CCS and contribution from industrial sources. Delaying development of this capacity beyond 2030 would expose the UK to substantial cost and deployment risks in meeting carbon budgets.
If delays were to permanently stunt the growth of CCS in the UK the likely impact is a substantial increase in the economic burden of meeting carbon targets, arising from the need to deploy higher cost technologies to cut emissions, particularly in heat and transport. As suggested above, a complete failure to deploy CCS would imply close to a doubling of the cost of carbon abatement to the UK economy from circa 1% to 2% of GDP.
Publication Year:
2015
Publisher:
ETI
Author(s):
Durusut, E., Slater, S., Murray, S, and Hare, P.
Energy Categories
Class Name:
Subclass Name:
Category Name:
Language:
English
File Type:
application/pdf
File Size:
2817070 B
Rights:
Energy Technologies Institute Open Licence for Materials
Rights Overview:
The Energy Technologies Institute is making this document available to use under the Energy Technologies Institute Open Licence for Materials. Please refer to the Energy Technologies Institute website for the terms and conditions of this licence. The Information is licensed "as is" and the Energy Technologies Institute excludes all representations, warranties, obligations and liabilities in relation to the Information to the maximum extent permitted by law. The Energy Technologies Institute is not liable for any errors or omissions in the Information and shall not be liable for any loss, injury or damage of any kind caused by its use. This exclusion of liability includes, but is not limited to, any direct, indirect, special, incidental, consequential, punitive, or exemplary damages in each case such as loss of revenue, data, anticipated profits, and lost business. The Energy Technologies Institute does not guarantee the continued supply of the Information. Notwithstanding any statement to the contrary contained on the face of this document, the Energy Technologies Institute confirms that it has the right to publish this document.
Further information:
N/A
Region:
United Kingdom
Related Dataset(s):
Strategic UK CCS Storage Appraisal - Level 2 Cost Estimate - Site 2: Forties 5 - South Site
Strategic UK CCS Storage Appraisal Project
Strategic UK CCS Storage Appraisal Project - SITE 14: Captain Aquifer
Strategic UK CCS Storage Appraisal Project - Site 19: Hamilton
Strategic UK CCS Storage Appraisal Project - Site 2: Forties 5 (North and South Combined)
Strategic UK CCS Storage Appraisal Project - Site 5: Viking
Strategic UK CCS Storage Appraisal Project - Site 7: Bunter Closure 36
Related Project(s):
Related Publications(s):
Achieving cost-effective CCS: the route forward
Strategic UK CCS Storage Appraisal - Data and Information Requirements
Strategic UK CCS Storage Appraisal - Due Diligence and Portfolio Selection
Strategic UK CCS Storage Appraisal - Initial Screening and Down-Select
Strategic UK CCS Storage Appraisal - Prospect Summary Sheets
Strategic UK CCS Storage Appraisal - Request for Proposal
Strategic UK CCS Storage Appraisal - UK CO2 Storage Site Screening and Selection Methodology
Strategic UK CCS Storage Appraisal - WP5 Report - Forties 5 Aquifer Storage Site Selection Study
Strategic UK CCS Storage Appraisal - WP5A - Bunter Storage Development Plan
Strategic UK CCS Storage Appraisal - WP5B - Forties 5 Site 1 Storage Development Plan
Strategic UK CCS Storage Appraisal - WP5C - Hamilton Storage Development Plan
Strategic UK CCS Storage Appraisal - WP5D - Captain X Site Storage Development Plan
Strategic UK CCS Storage Appraisal - WP5E - Viking A Storage Development Plan
Strategic UK CCS Storage Appraisal - WP6 - CO2 Storage Development Build-out