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Defining CCS Ready: An Approach to An International Definition

Defining CCS Ready: An Approach to An International Definition

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Appendix A: Summary of Reviewed Existing <strong>CCS</strong> <strong>Ready</strong> LiteratureAuthor, Year Gibbins, J. (2006).Document TitleFull ReferenceElement of <strong>CCS</strong>AddressedRelevantTechnology/Plant TypeSummary ofDocument<strong>Definition</strong>Need for <strong>CCS</strong><strong>Ready</strong>EconomicJustification for<strong>CCS</strong> <strong>Ready</strong>Making New Power Plants ‘Capture <strong>Ready</strong>.’Gibbins, J. (2006). Making New Power Plants ‘Capture <strong>Ready</strong>.’ Presentation <strong>to</strong> the 9th <strong>International</strong>CO2 Capture Network, London, England.CaptureSupercritical PC; Oxyfuel PC; IGCC; NGCCThis presentation discusses the general principles and challenges associated with making newplants capture-ready.<strong>An</strong> ideal capture-ready fossil fuel plant is one that will have no additional expenditures orperformance penalties after capture is added, as compared <strong>to</strong> an industry standard plant.To avoid CO2 “lock-in.”n/aAuthor, Year IEA GHG. (2007).Document Title CO2 capture ready plants (Report no. 2007/4).Full ReferenceElement of <strong>CCS</strong>AddressedRelevantTechnology/Plant TypeSummary ofDocument<strong>Definition</strong>Need for <strong>CCS</strong><strong>Ready</strong>EconomicJustification for<strong>CCS</strong> <strong>Ready</strong><strong>International</strong> Energy Agency Greenhouse Gas R&D Programme (IEA GHG). (2007a). CO2 captureready plants (Report no. 2007/4). Cheltenham, UK: Author.Capture.PC and IGCC plants; oxy-, pre-, and post-combustion capture technologies.This document provides a summary of capture ready power plant considerations, an assessment ofthe options for capture ready pre-investments at power plants, a discussion of the risks anduncertainties associated with pre-investments, estimation of the impacts of pre-investments oncapital and operating costs, and an assessment of the trade-offs between pre-investment andsubsequent savings.A CO2 capture ready power plant is a plant which can include CO2 capture when the necessaryregula<strong>to</strong>ry or economic drivers are in place. The aim of building plants that are capture ready is <strong>to</strong>reduce the risk of stranded assets and ‘carbon lock-in’.Without <strong>CCS</strong> <strong>Ready</strong>, new plants will “lock in high CO2 emissions for a generation <strong>to</strong> come.”n/a23 February 2010 71

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