Prior to large-scale deployment of CCS, viable CO₂ value chains must be identified and assessed with respect to technical, economic, and environmental aspects. Further, it is critical to identify and assess health and safety risks related to emerging technologies along the CO₂ chain. A main focus of SP4 is to develop a consistent methodology for evaluation of CO₂ chains with respect to source-to-sink matching, infrastructure, and transport methods.  Another focus is the use and further development of Life Cycle Assessment (LCA) methodologies integrated with CO₂ chain analysis to improve the understanding of sustainability of fossil-fuelled power generation with CCS. Also adequate solutions for reducing and managing risk in CCS will be developed. In addition, there will be work on the design of efficient economic and policy incentives for the CO₂ chain.

Strategy and value creation:

The value creation potential is linked to the following:

• An improved understanding of CCS technologies’ sensitivity to various factors and uncertainties may make public policies more efficient and lay the foundation for early strategic decisions of stakeholders connected to CCS
• The design of efficient incentives for CCS invention and innovation is of great importance both to national governments and industry