On the 23rd March, ZEP published its 5th annual Market Economics report “CCS and Europe’s Contribution to the Paris Agreement – Modelling least-cost CO2 reduction pathways”. The report estimates that the value of CCS to the EU could exceed €1 trillion between now and 2050, and that CCS could be worth more than €50 billion each year thereafter.
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ZEP publishes Future CCS Technologies report
ZEP has published a report entitled “Future CCS Technologies”. The report has been developed following COP21 and the aim of limiting the global temperature increase to well below 2°C. The report analyses emerging CCS technologies and concludes that “CCS is ready for immediate implementation, thus, it is essential that current first-generation technologies are tested inContinue reading “ZEP publishes Future CCS Technologies report”
CCU – Carbon Capture and Utilisation
ZEP Network Technology produced a report on Carbon Capture and Use/Utilization (CCU) in April 2016, which highlights the potentially important economic and climate impacts that different types of CCU could have in Europe. The report concludes that whilst CCU could have a key role in terms of unlocking the business case for CO2 capture and managingContinue reading “CCU – Carbon Capture and Utilisation”
Identifying and Developing European CCS Hubs
Key messages A low carbon EU should be inclusive with a comprehensive collection network enabling emitters large and small to connect to CO₂ storage and create value in the Net Zero economy. Developing such CO₂ gathering networks & clusters linked to CO₂ storage hubs via trunk pipeline networks and shipping routes is the lowest costContinue reading “Identifying and Developing European CCS Hubs”
CCS for industry: Modelling the lowest-cost route to decarbonising Europe
About the report ZEP modelled the lowest-cost route to decarbonising Europe 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 lookContinue reading “CCS for industry: Modelling the lowest-cost route to decarbonising Europe”
Business models for commercial CO2 transport and storage: Delivering large-scale CCS in Europe by 2030
About the report The critical role of CCS in meeting Europe’s energy, climate and societal goals is now indisputable: the European Commission’s Communication on CCS confirms that it is “vital for meeting greenhouse gas reduction targets”, while the Communication on the 2030 energy and climate framework highlights that CCS “may be the only option availableContinue reading “Business models for commercial CO2 transport and storage: Delivering large-scale CCS in Europe by 2030”
CCS and the Electricity Market: Modelling the lowest-cost route to decarbonising European power
About the report To identify how low-carbon technologies can reduce European power emissions most cost-effectively in the horizon to 2050, the Zero Emissions Platform (ZEP) has developed a model based on an existing model from the Norwegian University of Science and Technology (NTNU) and linked it to the Global Change Assessment Model (GCAM). ZEP’s modelContinue reading “CCS and the Electricity Market: Modelling the lowest-cost route to decarbonising European power”
Recommendations for research to support CO2 Capture deployment in Europe
About the report The critical role of CO2 Capture and Storage (CCS) in meeting the EU’s energy, climate, and societal goalsis now indisputable: the European Commission’s communication on CCS has confirmed that it is not only“vital for meeting the Union’s greenhouse gas reduction targets”, it provides a “very visible link betweenjobs in local communities andContinue reading “Recommendations for research to support CO2 Capture deployment in Europe”
CCU: the potential to reduce CO2 emissions and accelerate CCS deployment in Europe
What is CO2 Capture and Use (CCU)? The use of captured CO2 as a product (CO2 Capture and Use, or CCU) could be an alternative to – or linked to – the permanent storage of CO2 in geological formations. However, from a climate protection perspective, CCU technologies, which lead to a net reduction in CO2Continue reading “CCU: the potential to reduce CO2 emissions and accelerate CCS deployment in Europe”
Building a CO2 transport infrastructure for Europe
About the report This report argues that developing a CO2 transport infrastructure for Europe must start now – ahead of wide-scale deployment. Clusters, places where different CO2 sources are located in close proximity, will especially benefit from such a development. Hence, ZEP calls for the following actions: Executive summary CCS is on the critical path to deliverContinue reading “Building a CO2 transport infrastructure for Europe”