CARBON CAPTURE AND STORAGE FOR POWER GENERATION: WITHIN OUR GRASP?
The capture and geological storage of carbon emissions from power generation may be ready for initial commercialization in a decade, benefiting from technologies already in use in industry and substantial research, development, and demonstration efforts now under way in many countries. Progress will depend on achieving cost reductions and process integration for power plant applications, which in turn will support establishing key regulatory frameworks that will be critical for broad-based market adoption. International momentum on carbon capture and geological storage (CC&S) is fueled by
- cost and performance goals for power plant applications that are ambitious but appear possible
- increasing participation in CC&S development by leading energy companies, utilities, and technology vendors around the world
- intensified global attention to the complicated and interwoven knot of energy, environmental, social, and economic goals
