The potential role of Carbon Capture and Storage, under different policy options

Suzanne Vrijmoed; Monique Hoogwijk; Chris Hendriks; Geert Verbong; Fred Lambert

doi:10.1016/j.egypro.2009.02.221

The potential role of Carbon Capture and Storage, under different policy options

Suzanne Vrijmoed, Monique Hoogwijk, Chris Hendriks, Geert Verbong, Fred Lambert

Technology, Innovation & Society

Research output: Contribution to journal › Conference article › peer-review

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Abstract

This paper explores the potential role of CCS under different policy options in the Dutch electricity sector. A bottom-up simulation model is used to evaluate different policy scenarios. The results show that CCS plays only a moderate role for gradually rising CO₂ prices. By using the scale advantages in CO₂ transport already for the first CCS plants comparable to the level of large scale transport, the competitiveness of CCS is improved considerably. Furthermore, our results indicate that different policy options stimulate different types of CCS technologies. Finally, stimulating CCS and renewable energy sources simultaneously is more cost effective in the long run than stimulating solely CCS.

Original language	English
Pages (from-to)	4127-4134
Number of pages	8
Journal	Energy Procedia
Volume	1
Issue number	1
DOIs	https://doi.org/10.1016/j.egypro.2009.02.221
Publication status	Published - 1 Feb 2009
Event	9th International Conference on Greenhouse Gas Control Technologies, GHGT-9 - Washington DC, United States Duration: 16 Nov 2008 → 20 Nov 2008 Conference number: 9

Keywords

CO capture, transport and storage
Policies, CO-price, feed-in tariff, subsidy, CCS obligation, CO transport costs

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.1016/j.egypro.2009.02.221

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Cite this

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abstract = "This paper explores the potential role of CCS under different policy options in the Dutch electricity sector. A bottom-up simulation model is used to evaluate different policy scenarios. The results show that CCS plays only a moderate role for gradually rising CO2 prices. By using the scale advantages in CO2 transport already for the first CCS plants comparable to the level of large scale transport, the competitiveness of CCS is improved considerably. Furthermore, our results indicate that different policy options stimulate different types of CCS technologies. Finally, stimulating CCS and renewable energy sources simultaneously is more cost effective in the long run than stimulating solely CCS.",

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AU - Vrijmoed, Suzanne

AU - Hoogwijk, Monique

AU - Hendriks, Chris

AU - Verbong, Geert

AU - Lambert, Fred

N1 - Conference code: 9

PY - 2009/2/1

Y1 - 2009/2/1

N2 - This paper explores the potential role of CCS under different policy options in the Dutch electricity sector. A bottom-up simulation model is used to evaluate different policy scenarios. The results show that CCS plays only a moderate role for gradually rising CO2 prices. By using the scale advantages in CO2 transport already for the first CCS plants comparable to the level of large scale transport, the competitiveness of CCS is improved considerably. Furthermore, our results indicate that different policy options stimulate different types of CCS technologies. Finally, stimulating CCS and renewable energy sources simultaneously is more cost effective in the long run than stimulating solely CCS.

AB - This paper explores the potential role of CCS under different policy options in the Dutch electricity sector. A bottom-up simulation model is used to evaluate different policy scenarios. The results show that CCS plays only a moderate role for gradually rising CO2 prices. By using the scale advantages in CO2 transport already for the first CCS plants comparable to the level of large scale transport, the competitiveness of CCS is improved considerably. Furthermore, our results indicate that different policy options stimulate different types of CCS technologies. Finally, stimulating CCS and renewable energy sources simultaneously is more cost effective in the long run than stimulating solely CCS.

KW - CO capture, transport and storage

KW - Policies, CO-price, feed-in tariff, subsidy, CCS obligation, CO transport costs

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The potential role of Carbon Capture and Storage, under different policy options

Abstract

Keywords

UN SDGs

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