A Systems Approach to Business Models and Public-private Risk Sharing for Large Scale CCS Deployment

10 Pages Posted: 31 Mar 2021

See all articles by Ward Goldthorpe

Ward Goldthorpe

Sustainable Decisions Limited

Lionel Avignon

Sustainable Decisions Limited

Date Written: March 31, 2021

Abstract

This paper builds on insights gained from the attempts to deploy Carbon Capture and Storage (CCS) in Europe over the last ten years and describes results of research into business models and public-private risk sharing for large scale CCS that has been undertaken within two European multi-lateral funded projects: ELEGANCY and ALIGN CCUS. Various techno-economic modelling techniques have repeatably shown that CCS infrastructure is essential for meeting mid-century climate targets at lowest cost, but many questions still remain for both public and private stakeholders on how to facilitate investment in, and deployment of, this infrastructure at the requisite scale. The work presented in this paper highlights the structural need for a whole systems or multi-sectoral design of business models and policy intervention in order to enable efficient and effective risk sharing between governments and private sector investors.

Keywords: Systems approach; CCS deployment; business models; public-private risk sharing; collaboration

Suggested Citation

Goldthorpe, Ward and Avignon, Lionel, A Systems Approach to Business Models and Public-private Risk Sharing for Large Scale CCS Deployment (March 31, 2021). Proceedings of the 15th Greenhouse Gas Control Technologies Conference 15-18 March 2021, Available at SSRN: https://ssrn.com/abstract=3816435 or http://dx.doi.org/10.2139/ssrn.3816435

Ward Goldthorpe (Contact Author)

Sustainable Decisions Limited ( email )

71-75 Shelton Street
Covent Garden
London, WC2H 9JQ
United Kingdom

Lionel Avignon

Sustainable Decisions Limited ( email )

71-75 Shelton Street
Covent Garden
London, WC2H 9JQ
United Kingdom

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