Gemini: What are your thoughts on the readiness of the new power plants for CCS? Do you think they are as shovel ready as they are claimed to be?
There's growing interest in CCS (carbon capture and storage) for new power plants, but widespread adoption is still in its early stages. Here's a breakdown:
Technology exists: CCS technology for coal plants is under development, with promising options like amine-based capture and oxyfuel combustion PDF:
https://www.globalccsinstitute.com/a...o2-capture.pdf.
New plants as "capture-ready": The idea is to build new coal plants that can be easily retrofitted with CCS equipment later when the technology becomes more mature and cost-effective PDF:
https://www.globalccsinstitute.com/a...o2-capture.pdf.
Limited real-world applications: Currently, only one power plant in Canada (Boundary Dam) uses CCS at scale, and there are a handful of proposed projects globally, but most haven't moved to construction yet
https://www.eenews.net/articles/the-...er-plant-rule/.
Overall, CCS for new power plants is a potential solution for reducing emissions, but it's not yet a mainstream technology. The focus is on developing the tech, making it commercially viable, and ensuring new plants are CCS-retrofit ready.