Using real options to determine optimal funding strategies for CO2 capture, transport and storage projects in the European Union

Jeremy Eckhause and Johannes Herold

Energy Policy, 2014, vol. 66, issue C, 115-134

Abstract: Several projects in the European Union (EU) are currently under development to implement the carbon capture, transport and storage (CCS) technology on a large scale and may be subject to public funding under EU support initiatives. These CCS projects may develop any combination of three types of operating levels: pilot, demonstration and full-scale, representing progressing levels of electric power generation capability. Several projects have commenced at the demonstration level, with full-scale commercial levels planned for approximately 2020.

Keywords: CCS; Real options; Stochastic dynamic programming (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (14)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:66:y:2014:i:c:p:115-134

DOI: 10.1016/j.enpol.2013.11.030

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