Perspectives on The Techno-Economic Analysis of Carbon Capture and Storage

Keywords: carbon capture and storage (CCS), techno-economic analysis, sustainable development, policy framework, decision-making.


Carbon capture and storage (CCS) is required in order to reduce the impact of fossil fuel burning on global warming and the resulting climate change. The use of CCS technology offers much promise in regard to the capture of major levels of waste carbon dioxide produced from the burning of fossil fuels for electricity generation and from industrial processes. Crucial to the development of CCS technology is the need for improved decision-making tools to underpin sustainable investment and associated policy initiatives for CCS technology and infrastructure. Consequently, this paper provides the results from the techno-economic analysis of CCS. This includes regression modelling of the levelized cost of electricity for power generation via combined cycle gas turbine both with and without CCS. In order to inform future research in the area, a supporting CCS research agenda has been formulated.


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Author Biography

Simon Patrick Philbin, London South Bank University

Professor Simon P Philbin is Director of the Nathu Puri Institute for Engineering and Enterprise at London South Bank University (LSBU) in the United Kingdom. Simon joined LSBU in 2018 having previously worked at Imperial College London and while at Imperial over 15 years he held a number of senior management roles. Before Imperial he worked for the Ministry of Defence. Simon holds a BSc and PhD in chemistry and an MBA. He is published across several areas including project management, research & technology management, and chemistry. Previous academic roles include Visiting Fellow at Imperial College Business School and Visiting Research Fellow at Birkbeck, University of London. He serves on the Board of the American Society for Engineering Management and will be President in 2019/20.


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How to Cite
Philbin, S. P., & Wang, S. H.-M. (2019). Perspectives on The Techno-Economic Analysis of Carbon Capture and Storage. Journal of Technology Management & Innovation, 14(3), 3-17.
Research Articles