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

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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.

Originele taal-2	Engels
Pagina's (van-tot)	4127-4134
Aantal pagina's	8
Tijdschrift	Energy Procedia
Volume	1
Nummer van het tijdschrift	1
DOI's	https://doi.org/10.1016/j.egypro.2009.02.221
Status	Gepubliceerd - 1 feb. 2009
Evenement	9th International Conference on Greenhouse Gas Control Technologies, GHGT-9 - Washington DC, Verenigde Staten van Amerika Duur: 16 nov. 2008 → 20 nov. 2008 Congresnummer: 9

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

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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author = "Suzanne Vrijmoed and Monique Hoogwijk and Chris Hendriks and Geert Verbong and Fred Lambert",

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AU - Hoogwijk, Monique

AU - Hendriks, Chris

AU - Verbong, Geert

AU - Lambert, Fred

N1 - Conference code: 9

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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.

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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

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