AbstractWe evaluate the benefits of a ‘CCS Ready Hub’ approach, a regional ‘CCS Ready’ strategy, which not only includes a number of new coal-fired power plants but also integrates other existing stationary CO2 emissions sources, potential storage sites and potential transportation opportunities into an overarching simulation model. A dynamic top-down simulation model was built based on economic decision criteria and option pricing theory. The model inputs and assumptions build on spatial sampling and analysis using a geographic information system (GIS) approach, engineering assessment of local projects and outputs of a CCS retrofitting investment evaluation through cost cash flow modelling. A case study of Shenzhen city in the Pearl River Delta area in Guangdong in southern China is presented, based on engineering and cost assessment studies and stakeholder consultations and building on existing geological surveys and infrastructure plans. The simulation results show that financing ‘CCS Ready’ at regional planning level rather than only at the design stage of the individual plant (or project) is preferred since it reduces the overall cost of building integrated CCS systems. On the other hand, we found the value of considering existing stationary CO2 emissions sources in CCS ready design. Therefore, we recommended that making new plants CCS ready or planning a CCS ready hub should consider existing large emissions sources when possible.