A Study on Carbon Capture and Storage and Its Feasibility in Energy-Environment Technologies

Abstract

Carbon capture and storage (CCS) has the potential to play an important role in managing global warming in the near future. Herein, we define the entire energy cycle from energy production to utilization considering energy-environment technologies and describe the technical classification and brief technical principles of CCS technology. In addition, we evaluate data from actual scenarios and costs of various indicators established from diverse reports published by reliable institutes on various energy-environment technologies. Finally, the economic feasibility of CCS is determined compared with that of fossil fuel power plants and renewable energy generation in terms of carbon credit for global trading. This techno-economic analysis and systematic review lays the groundwork for comprehensive research toward understanding energy-environment technologies by establishing scenarios in terms of cost and data analysis that can provide an objective approach.