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Natural Gas - IEA

IEA · last updated

Gas - IEA

Target policies to enable CCUS deployment at gas-fired power plants

Governments should consider complementary policies to support CCUS deployment at gas-fired power plants, such as:

- Carbon pricing programmes and emission reduction regulations to incentivise investment in low-emission generation sources.
- Capital grants to projects to reduce high upfront costs.
- Feed-in tariffs and contracts for difference for CCUS-equipped gas-fired plants to provide operators with greater revenue stability and certainty.
- Other policy incentives, such as tax credits and public procurement requirements.

Simultaneous support for CO2 transport and storage infrastructure is also vital, and governments can play a key role in identifying and funding strategic CO2 transport networks and storage sites.

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