Economics of CCS for coal plants: Impact of investment costs and efficiency on market diffusion in Europe

► Model-based study of prospects of CCS for coal power plants in 19 European countries. ► Investment cost strongly affect deployment, while efficiency only has a modest impact. ► Lowest (highest) investment cost observed lead to total CCS share of 16% (2%) by 2025. ► Highest (lowest) conversion efficiency observed results in CCS share of 15% (13%). ► Findings are robust for various CO2 price and fuel price developments.