An adoption scenario for carbon capture in pulverized coal power plants in the USA
Donald Hanson and
David Schmalzer
Greenhouse Gases: Science and Technology, 2013, vol. 3, issue 4, 303-308
Abstract:
In this paper we use the Electricity Supply and Investment Model (ESIM) power system model to examine the energy market effects of incentivized adoption of carbon capture and storage (CCS), with a primary focus on retrofitting existing pulverized coal plants. In the presence of a ‘medium’ carbon charge and least‐cost dispatch, units with CCS are operated with higher utilization rates than fossil energy plants without carbon capture, hence lowering CO 2 emissions. This path helps to lower the capital outlays that will be necessary to make a transition to a full portfolio of advanced low‐carbon technologies. Required research, development and demonstration can be financed by a portion of the carbon charge revenue.
Date: 2013
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http://hdl.handle.net/10.1002/ghg.1359
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Persistent link: https://EconPapers.repec.org/RePEc:wly:greenh:v:3:y:2013:i:4:p:303-308
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