Strategic Priorities and Cost Considerations for Decarbonizing Electricity Generation Using CCS and Nuclear Energy

This paper investigates the economics of deploying carbon capture and storage (CCS) on gas-fired power plants while covering its entire value chain, i.e., carbon capture, transport, and storage, and conducting a thorough sensitivity scenario analysis. Our analysis shows that adopting CCS translates into a carbon dioxide (CO2) capture cost ranging from $86 to $130 per tonne ($/tonne) for newly built and retrofit plants, depending on the natural gas price.