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Carbon Capture & Storage Factbook - Schlumberger Business ...

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ECONOMICS – POTENTIAL FOR COST DECREASE<br />

Declines in costs will come from improvements in the capture process and<br />

cheaper coal-gasification power plants (IGCC)<br />

CAPITAL COST REDUCTION AFTER 100 GW FOR POWER PLANTS WITH CAPTURE SYSTEMS<br />

$/MW<br />

<strong>Capture</strong> system<br />

Base plant (first-of-a-kind)<br />

Base plant after 100GW<br />

6.33<br />

1.51<br />

4.72<br />

4.07<br />

0.65<br />

1.98<br />

3.65<br />

0.91<br />

3.91<br />

1.47<br />

3.78<br />

1.34<br />

2.33<br />

4.82<br />

1.62<br />

1.46<br />

0.75<br />

3.42<br />

2.74<br />

2.74<br />

2.44<br />

2.44<br />

0.71<br />

0.71<br />

Natural gas<br />

post-combustion<br />

(NGCC)<br />

Coal<br />

pre-combustion<br />

(IGCC)<br />

Coal postcombustion<br />

Coal oxycombustion<br />

Note: Costs are based on 250 MWe base plant and capture. In the IGCC case, plant includes gasification and SO2 removal. <strong>Capture</strong> systems refer to all additional<br />

equipment needed for CCS at the plant (air-separation units, gas-separation systems, solvents, oxy-combustion boilers, purifiers, compressors…).<br />

Source: <strong>Carbon</strong> capture & storage – Research note, Bloomberg New Energy Finance 2011<br />

37<br />

© 2012 SBC Energy Institute. All Rights Reserved.

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