Simplified levelised cost of competing low-carbon technologies in chemicals production

Notes

Indicative cost ranges are based on the technical and economic methodology and data in Chapter 4 of IEA (2020a), which reflects varying energy prices and technological uncertainty. The ranges shown reflect electricity prices from USD 30-90/MWh. Processes shown cover conventional unabated fossil fuel based processes that are the principal current production methods, as well as low carbon options based on CCUS or on other alternatives that do not use CO2 capture.