The capture and storage of carbon dioxide (CO2) emissions has significant potential to be part of a least-cost strategy in the global decarbonisation of power generation; it may also be the solution to reducing CO2 emissions from other large industrial sources. Public and private stakeholders are currently investing in research, development, and demonstration of carbon capture and storage (CCS) projects, with a view to developing a competitive technology during this decade and to provide a large-scale solution to the problem of CO2 emissions. This paper looks into the current status of CCS technologies, with emphasis on its forthcoming large-scale demonstration in the power sector. It then discusses the incentives and policies required for the success of CCS.
Was this article helpful?