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Aker Carbon Capture pegs all-in CCS cost at €110/t

Norwegian firm aims for 10mn t by 2025 and targets UK gas-fired power sector

Current all-in costs for installing and operating carbon capture and storage (CCS) projects are running at about €110/t ($130/t) according to Norway-based Aker Carbon Capture. Total levelised costs—including capex, operation and maintenance, and transport and storage—are at €75-145/t, based on Aker’s ‘pay per ton’ model, where it handles the entire CCS solution including operations and storage. The total is made up of €20-40/t for capex, €25-45/t for operations and maintenance—including energy costs—and €30-60/t for transport and storage, Aker said in a presentation to investors, in which it detailed its cost estimates for the first time. “I am confident that we are on our way t

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