Posts Tagged ‘costs’

Carbon Capture and Storage Progressing Toward Feasibility

Carbon Capture and Storage (CCS) has the potential to cut global Co2 emissions dramatically. We’re talking huge cuts. It has been estimated that a plant implementing CCS can cut emissions by 80-90 percent compared with a plant that doesn’t use CCS. Sounds great, right? Well, there are some some problems.

Cost is the number one challenge that CCS faces. “Applying it would significantly increase the cost of electricity beyond what society is likely willing to pay,” said Sarah Forbes,  a World Resources Institute Senior Associate. Another challenge is that no fully integrated demonstrations have taken place. The pieces have been tested individually, but the entire puzzle is yet to be seen.

Forbes describes CCS and its current challenges in more detail:

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Solar Energy Breakthrough Could Cut Costs By More Than 50%

A US-based company has successfully tested a revolutionary solar panel that is expected to cut the costs of photovoltaic solar power generation by more than 50 per cent, and herald a new era of improved efficiency and lower production costs of solar energy globally.

The panel, known as the Alubond Solar Collector Panel (SCP), was created by American Building Technologies, a subsidiary of the UAE-based multinational group Mulk Holdings. Commenting on the breakthrough, a spokesman for Mulk said, “We hope the success of this project will lead to an upsurge in the development of more solar energy plants, which will not only lessen the strain on existing energy resources, but also severely reduce the pollution levels that are currently witnessed in power generation.”

Book Provides Green Options for Home Improvement

RSMeans new book, “Green Home Improvement,” provides ideas for owners and contractors on ways to “green up” an existing building. It provides cost and savings information that make selecting a project easy.

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