Field of Energy Structure Transformation
Development of Technology for CO2 Separation, Capture, etc.
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Budget and 2050 Target Outcomes
- Budget
Up to40.27B¥
- CO2Reduction Effect
Approx.8.0Bt-CO2/yr
- Economic Effect
Approx.10T¥/yr
Related Contents
Project Summary
Budget
Up to40.27billion yen
CO2 Reduction Effect (World)
In 2030: Approximately1.6billion tons-CO2/year
In 2050: Approximately8.0billion tons-CO2/year
Economic Effect (World)
In 2030: Approximately6trillion yen/year
In 2050: Approximately10trillion yen/year
Research and Development Targets
In 2030: Realize CO2 separation/capture cost of 2,000 yen level (less than 3,000 yen) per ton-CO2 for low-pressure, low-concentration gas (atmospheric pressure, CO2 concentrations no higher than 10%).
Assumptions regarding estimates of CO2 reduction effect and economic effect
CO2 Reduction Effect
- In 2030 estimate calculated using IEA’s beyond 2℃ scenario (B2DS) which predicts captured/stored CO2 will total approximately 1.6 billion tons.
- In 2050 estimate calculated using B2DS which predicts captured/stored CO2 will total approximately 8 billion tons.
Economic Effect
- In 2050 estimate calculated using target/projected separation/capture cost of approximately 1,200 yen/ton-CO2× approximately 8 billion tons of CO2 (estimate of separation/capture amount used for B2DS in IEA Energy Technology Perspectives 2017).