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.
By the end of the course, participants will be able to:
- Understand the cost structure of CCS projects across capture, transport, and storage.
- Apply recognised CCS costing methodologies (NETL/DOE, IEAGHG, CO2CRC).
- Evaluate CAPEX, OPEX, and energy penalties associated with CCS deployment.
- Distinguish between the cost of CO₂ captured and CO₂ avoided.
- Apply financial evaluation tools including DCF, NPV, levelised cost, and break-even carbon price.
- Assess CCS project viability under different technical, economic, and policy scenarios.
- Interpret marginal abatement cost curves (MACC) and CCS positioning among decarbonisation options.
- Identify key drivers, risks, and cost-reduction pathways for CCS projects.
This course is designed for professionals involved in the development, evaluation, financing, or policy planning of CCS and industrial decarbonisation projects, particularly those with a basic understanding of CCS technologies.
It is relevant for professionals working in energy, heavy industry, consulting, finance, and government roles related to carbon management and energy transition.
- CCS / Carbon Management Engineers
- Process Engineers (Capture Technologies)
- Project Development Managers
- Investment & Financial Analysts (Energy / Infrastructure)
- Business Development Managers – CCS / Decarbonisation
- Techno-Economic Analysts
- Energy Transition Specialists
- Consultants in CCS or energy transition
- Oil & Gas / Energy professionals transitioning into CCS
- Policy & Regulatory Advisors (Climate / Carbon Management)
- Intermediate
- Advanced
The course combines expert-led lectures with case-based discussions and practical examples drawn from real CCS projects. Participants will engage in guided exercises, quizzes, and group discussions designed to reinforce key techno-economic concepts and costing methodologies. Interactive sessions will allow participants to interpret CCS cost studies, explore financial modelling concepts, and critically evaluate project economics under different technical and policy scenarios.
Your expert course leader has a wide and deep knowledge of major capture technologies: solvent, membrane and adsorption-based technologies and has developed pathways for retrofitting CO2 capture and storage (CCS) to fossil fuel-based power plants. He has been actively engaged in post-combustion capture project management and demonstration projects in Victoria’s Latrobe Valley on CO2 capture and hydrogen production, and on CO2 capture using membrane contactor technology.
He has led various feasibility studies for the Asian Development Bank on CO2 Capture at Indian Oil Corporation’s refineries, for JPOWER on hydrogen production from Victorian brown coal and for Kawasaki on incorporation of CCS in hydrogen production from fossil fuel. He has authored multiple peer reviewed journal articles, co-authored various confidential reports on CO2 capture, utilization and hydrogen production and utility, and has presented his work at various conferences, symposiums and seminars. He has a PhD in Chemical Engineering from Monash University Australia and a Master of Technology in Process Engineering from Indian Institute of Technology Delhi India.
Unlock the potential of your workforce with customized in-house training programs designed specifically for the energy sector. Our tailored, in-house courses not only enhance employee skills and engagement but also offer significant cost savings by eliminating travel expenses. Invest in your team’s success and achieve specific outcomes aligned with your organization’s goals through our expert training solutions. Request for further information regarding our on-site or in-house training opportunities.
In our ongoing commitment to sustainability and environmental responsibility, we will no longer providing hard copy training materials. Instead, all training content and resources will be delivered in digital format. Inspired by the oil and energy industry’s best practices, we are leveraging on digital technologies to reduce waste, lower our carbon emissions, ensuring our training content is always up-to-date and accessible. Click here to learn more.
To further optimise your learning experience from our courses, we also offer individualized “One to One” coaching support for 2 hours post training. We can help improve your competence in your chosen area of interest, based on your learning needs and available hours. This is a great opportunity to improve your capability and confidence in a particular area of expertise. It will be delivered over a secure video conference call by one of our senior trainers. They will work with you to create a tailor-made coaching program that will help you achieve your goals faster.
Request for further information about post training coaching support and fees applicable for this.
Related Courses
