Aker Carbon Capture pegs all-in CCS cost at €110/t
Norwegian firm aims for 10mn t by 2025 and targets UK gas-fired power sector
Current all-in costs for installing and operating carbon capture and storage (CCS) projects are running at about €110/t ($130/t) according to Norway-based Aker Carbon Capture. Total levelised costs—including capex, operation and maintenance, and transport and storage—are at €75-145/t, based on Aker’s ‘pay per ton’ model, where it handles the entire CCS solution including operations and storage. The total is made up of €20-40/t for capex, €25-45/t for operations and maintenance—including energy costs—and €30-60/t for transport and storage, Aker said in a presentation to investors, in which it detailed its cost estimates for the first time. “I am confident that we are on our way to reach

Also in this section
28 March 2025
The massive expansion of the Northern Lights project in Norway is the clearest sign yet that the European oil and gas companies mean business when it comes to CCS
27 March 2025
Awards celebrate global innovation, leadership and achievement across the energy sector’s people, projects, technologies and companies.
20 March 2025
While advanced economies debate peak fossil fuel demand, billions of people still lack access to reliable and affordable energy, especially in the Global South
14 March 2025
Ignoring questions of sustainability will not make the problems they focus on go away