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The Future of Carbon Capture and Storage
Business Insights, May 2011, Pages: 117
The position of carbon capture and storage technology today is similar to that of sulphur dioxide capture during the 1980s when legislation and technology were coming together. Today the capture of sulphur dioxide is routine in many power stations and cap-and-trade systems exist to control its release - a compelling model for the development of carbon capture and storage over the next 20-30 years.
Features and benefits
- Realize up to date competitive intelligence through a comprehensive review of carbon capture and storage technologies concepts.
- Assess the emerging trends in carbon capture and storage technologies – including post and pre combustion capture systems, and oxyfuel combustion.
- Identify which key trends will offer the greatest growth potential and learn which technology trends are likely to allow greater market impact.
- Compare how manufacturers are developing new carbon capture and storage technologies.
- Quantify costs of carbon capture and storage technologies, with comparisons of power generation technology, installation costs and cost of electricity
Highlights
By 2015 total energy related emissions of carbon dioxide are predicted to reach 31,500mt, rising to 33,800mt in 2020, 39,300mt in 2030 and 42,400mt in 2035, roughly double the level of emissions in 1990.
The total global coal-fired generating capacity in 2007 was 1,425GW. This will rise to 1,545GW in 2015 and 1,671GW in 2020. By 2030 it is projected to reach 2,080GW and in 2035 the total coal-based generating capacity will be 2,366GW, 66% higher than in 2007.
A conventional subcritical pulverised coal power plant of the type in common use throughout the world today has a typical coal to electrical energy conversion efficiency of 36.8% (many older subcritical plants will have lower efficiencies than this). When post combustion capture is added, the overall efficiency of the plant falls to only 26.2%.
Your key questions answered
- What are the drivers shaping and influencing carbon capture and storage technology development in the electricity industry?
- What does carbon capture and storage cost? What will it cost in the future?
- Which carbon capture and storage technology types will be the winners and which the losers in terms power generated, cost and viability?
- Which carbon capture and storage technology types are likely to find favor with manufacturers moving forward?
- Which emerging technologies are gaining in popularity and why?
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