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Energy

Cost network – Reducing the cost of future CCS

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Simon Roussanaly
Research Scientist
Published: 15. Sep 2017 | Last edited: 15. Apr 2025
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High cost are currently one of the key barriers to the commercial implementation of CCS, and to help reduce the costs of future CCS it is thus important to better understand the costs drivers of CCS, and how to assess them.

  • Find out more about SINTEF’s expertice on CCS/CCUS

IEAGHG Workshops

In order to do so, IEAGHG have organised over the last year a series of workshops among experts in the field. These workshops traditionally aim at covering several cost issues such as costing methodology, cost of CCS implementation for power generation and industry, estimating the cost of emerging technologies, etc…

I lead NCCS Task 1 on CCS value chain and legal aspects, and I am is currently attending the 5th workshop of the series at Imperial College London with the support from the UKCCS Research Centre.

The 2017 workshop focuses on recent learning from the UK studies and large-scale CCS projects, cost of emerging processes, CCS in Energy-Economic models, and CCS flexibility.

The Massachusetts Institute of Technology hosted the previous workshop in March 2016 –  See summary report.

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Infographic showing the flow of thermal energy storage (TES) from surplus heat or cold to end users. On the left, red and blue thermometer icons represent surplus heat and cooling, accompanied by the text “Surplus heat or cold – Captured and stored for when it’s needed.” In the centre, a large panel titled “Thermal Energy Storage (TES)” presents three storage technologies. The top section, “Sensible TES,” shows a container with a thermometer and the text “Stores heat in one single phase.” The middle section, “Latent TES,” shows a water droplet and snowflake connected by circular arrows, with the text “Stores heat through phase change.” The bottom section, “Thermochemical TES,” shows two connected coloured circles that separate and reconnect, illustrating a reversible reaction, with the text “Stores heat through reversible reactions.” A large pale arrow-shaped wedge points from the TES panel toward the right side of the figure. On the right, three application areas are shown in separate boxes with icons: industrial processes, buildings, and data centres. The layout conveys that surplus heat or cold can be stored using sensible, latent, or thermochemical TES technologies and later supplied to industrial facilities, buildings, and data centres.

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