Carbon capture and storage in industrial product value chain
An economic assessment of the impact of carbon capture and storage in the industrial product value chain: from industrial production to final product
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Abstract
This research provides insight into the implementation of CCS in industrial production from a consumer perspective (i.e., the cost impact on the final product). The impact of implementing CCS in two different industries (e.g., cement and steel) to produce a final product is analyzed. Also, this research provides insight into CCS implementation in industries with high consumption products. It can be concluded that implementing CCS in industrial processes offers a solution to decarbonize industrial processes with a small impact on the final product cost.