Steering CCS Research and Development to Optimise Benefits of Implementing CCS in the Netherlands

Abstract

Carbon Capture and Storage (CCS) could play a significant role in curbing worldwide CO2 emissions. In this study we explore the economic value that CCS research, development and deployment (RD&D) could bring to the Netherlands. We focus on the innovations in CCS technologies or services to estimate what long-term cost benefits can be achieved by investing in CCS RD&D. We also investigate the potential value to the Dutch economy if Netherland-based enterprises attain a significant domestic and export market in CCS technology and thereby creating economic benefits in the form of turnover, value added and employment.