CCS Demonstration Plants needs more Investments - CER Reports
Coal will be the world’s biggest single source of electricity for decades to come. Yet the EU is doing far too little to encourage the take-up of CCS, says a report by the Centre for European Reform (CER). This failure threatens not only Europe’s leadership of global climate change policy, but also its ability to profit from the emergence of a huge global market for equipment and expertise, says the report.
Stephen Tindale and Simon Tilford argue that more public money is needed for the construction of demonstration projects, and that regulation and strong market signals will be required to ensure mass deployment of the technology.
The authors argue that the EU needs to do a host of things if it is to meet its targets of operating 12 large CCS demonstration plants by 2015, and ensuring the mass deployment of the technology by 2020.
The demonstration plants must cover the full range of CCS technologies and include gasfired as well as coal-fired industrial plants.
More
Stephen Tindale and Simon Tilford argue that more public money is needed for the construction of demonstration projects, and that regulation and strong market signals will be required to ensure mass deployment of the technology.
The authors argue that the EU needs to do a host of things if it is to meet its targets of operating 12 large CCS demonstration plants by 2015, and ensuring the mass deployment of the technology by 2020.
The demonstration plants must cover the full range of CCS technologies and include gasfired as well as coal-fired industrial plants.
More
Labels: CCS Demonstration Plants needs more Investments-CER Reports, CER Report- CCS technology –CCS demonstration plant
posted by powerplantccs at
7:15 PM
7 Comments:
Employing CCS does impose an energy penalty. The reason for this is that it requires extra energy to separate and capture the carbon dioxide. But the world is not short of coal. What is required is a way of using it to generate electricity in a less carbon-intensive fashion. Approximately 500 industrial facilities account for 25 per cent of the EU’s emissions of carbon dioxide. Fitting CCS technology to them all would make a dramatic contribution to decarbonising the European economy.
Carbon capture and storage will not make coal a fully sustainable fuel source but CCS has the potential to make coal a low-carbon fuel source. http://bit.ly/9HODyr
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