Social costs and benefits of CCS research and deployment

In the Netherlands

Published: 09/12/2014

Carbon Capture and Storage (CCS) could play a significant role in curbing the CO2 emissions of the Dutch economy. In this study, Ecofys explored the economic value that CCS research, development and deployment (RD&D) could bring to the Netherlands. We focussed on the innovations in CCS technologies or services to understand and estimate the long-term cost savings that can be achieved by investing in CCS RD&D. We also investigated the potential value to the Dutch economy if enterprises in the CCS value chain could attain a significant domestic and export market and thereby create economic benefits in the form of turnover, added value and employment.

Ecofys developed the FORTUNA-CCS model to estimate the development of cost, performance and economic value of developing and deploying CCS towards 2050.  The model can be applied to every region or country and has been put to use for the UK in an earlier assignment.

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Paul Noothout
Energy Systems and Markets