Perspective on Conducting Cost Analyses on CO₂ Capture Technologies

The Perspectives on Conducting Cost Analyses of CO₂ Capture Technologies report addresses the challenges arising when conducting a cost analysis of CO₂ capture, and offers recommendations on how to ensure cost analyses of capture technologies are as robust as possible, and are truly comparable and contrastable to other cost analyses.

Full Report: Perspectives on Conducting Cost Analyses of CO₂ Capture Technologies
News Release: ICO₂N releases report on conducting capture cost analyses

A number of capture cost analysis considerations were identified:

• The overall basis for capture costs: defining what is to be included in capture cost analyses
• Financial considerations: ensuring comparisons can be made with other capture work
• The need for an accurate cost reference point: undertaking comparative analyses to ensure capture cost estimating is as robust as possible
• CO₂ volume calculations: reporting CO₂ capture costs a captured (physical volumes) basis or an abated (net physical volumes after accounting for all on-site and off-site effects of capturing CO₂)
• Cost portrayal:  presenting capture costs in the form of “cost per unit of commodity produced” (e.g. cost per MWh production) as well as in “cost per tonne of CO₂”.