Carbon Capture Seen Competitive With Offshore Wind in U.K.
- CCS technology can be deployed immediately, Oxburgh says
- CCS need may be needed if U.K. scraps Hinkley nuclear plant
This article is for subscribers only.
The U.K. could build facilities to capture and bury carbon pollution under the sea at a similar price to offshore wind farms and nuclear plants, a government adviser will say Monday, setting out options for tackling climate change.
Carbon capture and storage could be deployed at a cost of 85 pounds ($113) a megawatt-hour in the early 2020s if ministers introduce policies to back the nascent technology, according to a report by Lord Ernest Ronald Oxburgh, former Chairman of Shell Transport & Trading Co.