Long-Term Carbon Storage

zebadee writes "The UK has given £25 million ($45 million) in funding toward storing CO2 under the North Sea. The article at the BBC has a discussion on how this will be achieved. Basically gases produced at the power station will be pumped into old oil and gas fields for long-term storage. This has the added effect of pressurising the wells, allowing better recovery of the contents."

Comments

Comparable to Nuclear?

[kingofalaska]

From TFA: ""This is what this funding will allow us to assess in great detail. It's likely the costs are comparable with nuclear power and renewables." "

Depends on location. From my post "Rural Alaska nuclear power gets legislative backing":

"Because of Galena's inaccessibility and the necessity to ship diesel fuel by barge, residents pay from 20 cents to $1 per kilowatt hour, while the national average is less than 9 cents. With nuclear power, residents could pay a third of what they now pay to power their homes, Yoder said.

If it's feasible in Galena, nuclear power could be used to lower energy costs throughout rural Alaska, state lawmakers said.

"Nuclear power is something folks might frown on, but it's self- contained," said House Speaker John Harris, R-Valdez. "It has a lot of potential for areas" that have high fuel costs.

KOA