This study analyzes the opportunities, costs, and risks of Carbon Capture and Storage (CCS) in Germany, comparing various deployment scenarios and quantifying project risk through a Monte Carlo simulation. Based on current research and the German Federal Government's Carbon Management Strategy, annual and cumulative costs for CO₂ capture, transport, and storage are calculated through 2045, with a cost range of 39.2 to 81.5 billion euros in the medium scenario.
In collaboration with Prof. Pao-Yu Oei, Jonas Gothe, and Philipp Herpich (University of Flensburg)