ETI report highlights importance of CCUS deployment
‘Still in the mix? Understanding the role of Carbon Capture Usage and Storage’, was written by the Energy Systems Catapult (ESC) for the ETI, and takes into account recent cost reductions in renewables and the latest ETI modelling on CCUS costs. The report reaffirms previous ETI work on the importance of CCUS deployment by 2030, without which carbon abatement costs will increase by circa £1 billion a year. The research also cements ETI analysis that if CCUS is not developed at all before 2050, the ‘national bill’ for low carbon energy that year would be circa £35bn higher – equivalent to circa 1% of expected GDP.
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