Bioenergy with Carbon Capture and Storage

Chapter 13

Economics and policy of bioenergy with carbon capture and storage

Nasim Pour,    Department of Chemical Engineering, Peter Cook Centre for CCS Research, University of Melbourne, Melbourne, VIC, Australia

Abstract

In most climate models bioenergy with carbon capture and storage (BECCS) is regarded as a bridging technology, from the current carbon intensive energy system to a fully carbon-free energy system. The time frame used in these models usually encompasses the interval of 2020–2100. However, BECCS is a complex energy technology, and strong policy support is essential to accelerate its deployment and exploit its full potential. At present, none of major national mitigation policy schemes include BECCS. To recognize and reward negative ...