Coordinating the Deployment of Bioenergy with Carbon Capture and Storage
Résumé
Bioenergy with Carbon Capture and Storage (BECCS) is a negative emissions technology that allows the removal of CO 2 from the atmosphere while producing energy or goods. This technology has been increasingly pictured as key to reaching the Paris Agreement targets. But with only a few demonstration projects currently in operation, its deployment is far from projected. The large-scale deployment of BECCS is hindered by economic, social, and environmental barriers that have been subject to an increasing number of studies. As most research on BECCS tends to adopt a central planning perspective, the barriers related to strategic interactions and coordination issues within the BECCS value chain are often overlooked. Based on a systematic literature review, we identify coordination-related challenges for BECCS deployment. We describe three challenges to BECCS deployment that should be further examined through the lens of coordination: (i) trading biomass and ensuring its sustainability; (ii) reducing costs through synergies with other industries and shared CO 2 infrastructures; and (iii) coordinating policies internationally to provide revenues for BECCS.
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