The report said that the highest potential benefit of public sector activity and investment would be in storage; measuring monitoring and verification; and mitigation and remediation.
It said the UK can rely on other countries’ technological advances – in CO2 compression, gas turbine combined cycle, and pulverised coal boilers and turbine technology – but there are some areas which require urgent work in the UK. These include transport, capture and systems integration, and operations and maintenance.
However, while UK firms are currently trying to develop some of those technologies, mostly backed by project-based funding, they are held back by market and coordination failures, said the report.
It said uncertainty over policy, support levels, industry confidence, public investment, long-term liabilities, and environmental impacts are all holding back CCS innovations.
The report was produced by the Low Carbon Innovation Co-ordination Group (LCICG), a cross government body responsible for low carbon innovation. Ithas produced an assessment for Decc examining where development in CCS should be focussed.
See the report here.