Evaluering
European CO2 Test Centre Mongstad valuation report
This report presents an economic analysis of the Norwegian State’s investment in the Test Centre Mongstad – a pilot plant for developing and testing carbon capture technology as part of a large programme to create an economically viable carbon capture and storage (CCS) scheme. The main conclusion is that the net present value (NPV) of the investment is positive in that the expected benefits for the Norwegian State’s commercial interests in the oil and gas industry are clearly higher than the costs. The main driver for this result is an anticipation of a fairly restrictive climate change policy in the future, which makes CCS a central tool for safeguarding the market value of the state’s oil and gas resources.
Publisert
Eier
Energidepartementet
Utfører
Econ Nordic
Språk
engelsk