How to efficiently implement CCS in Poland? - Financial framework - Agata Hinc*

As it is possible to imagine substantial CO2 emissions reduction without nuclear energy, it is also impossible to do so without Carbon Capture and Storage. Economic analysis shows that successful rollout of this technology will require active support from governments and international organizations. The success of CCS will not be defined by its reception from the market, but rather through political will and government policies. In the short term, the financing of CCS will also require government intervention. We should not underestimate the costs of those decisions, but we should not let the costs determine the direction of energy and climate policy.

The aim of this report is to assist with the preparation of the Polish CCS Strategy. In the first chapter, it analyses the current state of the Polish energy market, its potential for development as well as a prognosis of the future cost of CCS. The second chapter analyses three potential economic scenarios of CCS implementation in Poland and in the third chapter, the elements of the financial model for CCS (including private and public/EU funds) have been enumerated and described.

The report "How to efficiently implement CCS in Poland. Financial framework" is the second within the project "Carbon capture and Storage as a preferred technology for mainstreaming the clean use of coal in Poland" c onducted by demosEUROPA - Centre for European Strategy.

Full version of the report is available here

*Agata Hinc is "Low Emission Economy" project leader at demosEUROPA - Centre for European Strategy"

For further information: demosEuropa