Alstom Says CO2 Capture and Storage Cost Will Be Competitive
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Alstom SA, the world’s third-largest power-equipment maker, said the cost for carbon capture and storage will be competitive with renewable energy as a way of curbing climate-harming emissions by 2015.
Alstom’s CCS technology would capture carbon-dioxide emissions and pipe them underground for permanent storage at a cost of 54 euros ($78) a metric ton from a coal plant and 74 euros from a natural gas-fed plant in 2015, Susanne Shields, a Paris-based spokeswoman, said by e-mail today. Those costs would fall to 37 euros and 49 euros by 2030, she said.