Item Details
Skip Navigation Links
   ActiveUsers:4072Hits:20978623Skip Navigation Links
Show My Basket
Contact Us
IDSA Web Site
Ask Us
Today's News
HelpExpand Help
Advanced search

In Basket
  Journal Article   Journal Article
 

ID101502
Title ProperCCS from the gas-fired power station at Kårstø? A commercial analysis
LanguageENG
AuthorOsmundsen, Petter ;  Emhjellen, Magne
Publication2010.
Summary / Abstract (Note)The article presents a commercial investment analysis of the carbon capture project at the Kårstø gas processing plant in south-western Norway. We update an earlier analysis and critically review the methods used-including those applied for cost estimating. Our conclusion is that carbon capture and storage (CCS) at Kårstø would be a very unprofitable climate measure with poor cost efficiency. It would require more than USD 1.7 billion in subsidies, or in excess of USD 133 million per year. That corresponds to a subsidy of roughly USD 0.1 per kWh on the power station's electricity output. The cost per tonne of carbon emissions abated is about USD 333, which is about 20 times the international carbon emission allowance price and many times higher than alternative domestic climate measures.
`In' analytical NoteEnergy Policy Vol.38, No.12 ; Dec 2010: p7818-7826
Journal SourceEnergy Policy Vol.38, No.12 ; Dec 2010: p7818-7826
Key WordsClimate Projects ;  Decision Analyses ;  CCS