A presentation from the 2013 CCS Costs Workshop.

1. Session 2 - Industrial capture cost: estimation
methods and metrics
CCS Cost Workshop, Paris; 6-7 November 2013
Simon Bennett, Chair
© OECD/IEA 2013

2. IEA reading list on CCS in industry
© OECD/IEA 2013

3. IEA abatement cost “estimates” 2011
High-purity
Biomass conversion
Cement
Iron and steel
Refinery
0
50
100
150
200
Cost of abatement (USD/tCO2 avoided)
The sectors covered will show a wide range of cost of abatement, from under 30USD/t to over 150USD/t
© OECD/IEA 2013

4. Source: IEA report to the Clean Energy Ministerial 2013
Update on avoidance costs 2013
Cost estimates vary widely between sites and within sites. Consensus is still evolving...
© OECD/IEA 2013

5. What we need to improve cost estimates
 We need to improve comparability of estimates for
industrial applications, as in power
 Setting boundaries around capture processes on sites
 Approaches to estimating production costs (or NPV, etc.) in
different sectors (equivalent to LCOE)
 Use common terminology for citing costs and inputs
 Allocation of costs across multiple product streams
 Allocation of costs across multiple processes onsite
 Baselines for estimating CO2 avoidance costs
 Incorporation of relevant risks
© OECD/IEA 2013