ZEP modelled the lowest-cost route to decarbonising European by looking at CCS for industries as refining, steel and cement.
After modelling the lowest-cost route for decarbonising European power, ZEP turned its attention to industry. With direct industry-related emissions accounting for a quarter of total EU CO2 emissions, it is clear that Europe must look beyond the power sector to include core industries such as refining, steel and cement.
Not only is CCS the only option for substantially reducing CO2 emissions in these industries, but the costs of CO2 transport and storage – 10-30% of the total CCS costs – can be significantly reduced by clustering power and industrial emitters. Details and more information in the report (link below).