Economic feasibility assessment of calcium looping energy storage and carbon capture with multi-market modelling approach

Key Points

• The economic feasibility assessment confirms potential cost-effectiveness, supporting further investment in calcium looping technologies.
• Key metrics reveal favorable project returns, indicating profitability over a defined time frame and market conditions.
• Assessment involved multi-market modelling to simulate various scenarios and impacts on energy pricing and carbon credits.
• Findings imply that integrating carbon capture with energy storage can enhance both sustainability and economic profitability.