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New technology could cut the cost of carbon capture and storage

Cooperation and collaboration are key to deploying the next generation of carbon capture technology

The unique ability of carbon capture and storage (CCS) to reduce carbon dioxide (CO2) emissions while keeping fossil fuels in the energy supply mix has an increasingly vital role to play in the transition to a low-carbon economy, though high costs have previously been a prohibiting factor in its mainstream deployment.  A wave of new CCS technologies have the potential to dramatically cut these costs for the industry, helping to accelerate the commercialisation of energy generation with CCS. This potential is evidenced in a new TCM-commissioned SINTEF report, which provides an independent assessment of the maturity of a raft of next-generation CO2 capture technologies. The report analysed 2

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