Carbon capture and storage (CCS) is an unproven, risky and expensive technology. State and federal governments have put huge amounts of public funds into CCS research for years, in the hope it will provide the solution to the greenhouse pollution generated by coal fired power stations.
Here in Victoria, where we have three remaining coal fired power stations, some are hoping these plants can be retrofitted to use CCS technology.
There are also a number of companies pursuing ‘new coal’ initiatives which will be reliant on CCS to be viable. Most notable of these is probably the Kawasaki Heavy Industry ‘coal to hydrogen’ project planned for the Latrobe Valley
Despite hundreds of millions of dollars of investment, it would appear that we are still not close to even knowing if or when CCS might be commercially viable at any kind of scale. It is also not clear whether CCS will be able to safely contain greenhouse emissions from coal power stations for an indefinite period of time.Read more