Steering CCS Research and Development to Optimise Benefits of Implementing CCS in the Netherlands (original) (raw)
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Social costs and benefits of CCS research, development and deployment for the Dutch economy
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Carbon capture and storage (CCS) promises to allow for low-emissions fossil-fuel-based power generation. The technology is under development; a number of technological, economic, environmental and safety issues remain to be solved. CCS may prolong the prevailing coal-to-electricity regime and countervail efforts in other mitigation categories. Given the need to continue using fossil-fuels for some time, however, it may also serve as a bridging technology towards a renewable energy future. In this paper, we analyze the structural characteristics of the CCS innovation system and perform an energy-environment-economic analysis of the potential contribution of CCS, using a general equilibrium model for Germany. We show that a given climate target can be achieved at lower marginal costs when the option of CCS is included into the mix of mitigation options. We conclude that, given an appropriate legal and policy framework, CCS, energy efficiency and some other mitigation efforts are compl...
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Carbon Capture and Storage (CCS) is now propagated widely by policy makers, NGOs, and academics as a quick mitigation option for the large-scale curbing of greenhouse gas emissions. Its quick emergence in the last 3-4 years stands in shrill contrast with the decades-long slow emergence of renewable energy options and energy conservation. Moreover, CCS is sold as a ‘bridge’ or ‘transitional’ technology to ‘buy time’ for a large-scale transition to sustainable energy generating options. In this paper we will criticize this emerging paradigm, using the Dutch (and possibly a few other countries’) case as an example. CCS should rather be conceptualized as a new strategy by incumbent fossil fuel industries to consolidate their grip on the market. The concept of bridge or transitional technology is unknown in technology dynamics and innovation studies. Rather than being a ‘bridge’ technology, large-scale investments in CCS installations will prove to help continue the fossil fuel trajector...