CCS presents investment risks that need to be addressed, says IEEFA analyst

Research by Michael Salt, an energy economics and finance analyst for the Institute for Energy Economics and Financial Analysis (IEEFA) has found that carbon capture and storage (CCS) currently presents a wide range of investment risks. According to Salt these risks include information gaps in costs and efficacy of the technology. Salt says, “it is important for investors to distinguish between the type of CCS being discussed, as risks and opportunities differ in terms of technical and commercial maturity, environmental and social implications, as well as carbon mitigation potential”. The IEEFA research surveyed CCS technologies across a range of applications including blue hydrogen, industrial applications, power generation and direct air capture among others.