About this Training Course
This course on Carbon Capture & Storage (CCS) costing and techno-economic analysis is designed for engineers, project developers, policy professionals, and investment analysts with a basic understanding of CCS. It provides an intermediate-to-advanced level of knowledge of the costing and techno-economic evaluation of Carbon Capture and Storage (CCS) projects. The course moves beyond popular CCS cost figures to examine how CCS costs are structured, estimated, and interpreted in real-world projects.
Participants will gain a clear understanding of capital and operating cost components across capture, transport, and storage, cost estimation accuracy classes, energy and efficiency penalties. The course will explore internationally recognised costing methodologies for CCS projects from NETL/DOE (USA), IEAGHG, and CO2CRC. The course examines energy penalties, the cost of CO₂ captured versus the cost of CO₂ avoided, and the economic implications across different sectors, including power generation, natural gas processing, and hard-to-abate industries.
Participants will gain knowledge of financial modelling concepts, including discounted cash flow analysis, break-even carbon pricing, FOAK-to-NOAK cost transitions, marginal abatement cost curves, and financing structures, including tax credits, incentives, and project finance mechanisms.
Through basic concepts, case-based discussion, and practical examples, participants will critically assess CCS cost studies, identify key economic risks, and evaluate project viability under varying technical and policy conditions, thereby understanding the differentiation between CCS and other industrial project costing and analysis.