As high cost and simultaneous lack of incentive policies delay the deployment of carbon capture and storage (CCS) technology, the International Energy Agency has renewed its calls for action in 2013 and beyond on what the organization says is a critical element to limiting climate change.
An immediate priority, according to the IEA, is implementation of the organization's recommended policy and action on storage site selection and development, so that the approval process for storage sites does not impede new CCS installations. Governments must also assess what role CCS will play in their energy futures and increase their efforts in large-scale demonstration.
But perhaps the most critically important short-term issue, according to the IEA, is to develop practical incentive policies, with successful policies for renewable energy potentially serving as models for CCS deployment. The IEA provides detailed plans about development, investment and deployment in its Roadmap series as well as its technology flagship publications, Energy Technology Perspectives 2012. The IEA is revising its CCS technology roadmap, with the new version expected in spring 2013.
Source: IEA
An immediate priority, according to the IEA, is implementation of the organization's recommended policy and action on storage site selection and development, so that the approval process for storage sites does not impede new CCS installations. Governments must also assess what role CCS will play in their energy futures and increase their efforts in large-scale demonstration.
But perhaps the most critically important short-term issue, according to the IEA, is to develop practical incentive policies, with successful policies for renewable energy potentially serving as models for CCS deployment. The IEA provides detailed plans about development, investment and deployment in its Roadmap series as well as its technology flagship publications, Energy Technology Perspectives 2012. The IEA is revising its CCS technology roadmap, with the new version expected in spring 2013.
Source: IEA
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