This paper examines how ambitious climate policies and subsidies to carbon capture may affect international energy prices and market shares in the power market. A detailed numerical model of the international energy markets is used. We first conclude that an ambitious climate policy alone will...

This paper is a follow up of the SECURE-project, financed by the European Commission to study Security of Energy Considering its Uncertainties, Risks and Economic Implications. It addresses the perspectives of, and the obstacles to a CCTS-roll out, as stipulated in some of the scenarios. Our...

Energy-from-waste (EfW) is a waste treatment process that combusts residual waste after re-use, recycling and composting to produce energy in the form of electricity and/or heat. In the UK, the EfW sector contributes around 3% of total national power output, but also 3.5% of overall territorial...

Carbon dioxide emissions to the atmosphere are drastically increased due to fossil fuel-based power plants and different kinds of industrial processes. Carbon capture is essential to maintain a better environment. Flue gas emissions from the coal-fired power plant, gas-fired power plant, cement...

The risk of opposition from the population increasingly plays a role in choosing the climate policy measures to achieve the objective to substantially reduce greenhouse gas emissions. In Norway, there is a long-standing cross-party consensus that the development of new technologies will be...

Waste-to-energy (WtE) is a waste treatment process that incinerates waste to produce energy in the form of electricity and/or heat. WtE is considered one of the most environmentally-friendly methods of dealing with residual waste. The alternative to this process is waste dumping or landfilling,...

Carbon dioxide removal from the atmosphere is becoming an important option to achieve net zero climate targets. This paper develops a welfare and public economics perspective on optimal policies for carbon removal and storage in non-permanent sinks like forests, soil, oceans, wood products or...

Reaching carbon neutrality necessitates radical changes in terms of energy sources and industrial technologies. Some industries such as cement and lime emit significant amounts of process emissions, which will continue to be generated regardless of the type of energy source employed. One way to...

This paper analyzes the future prospects of carbon capture technologies. The first part of the analysis presents and discusses the results of an expert elicitation survey on a broad range of carbon capture options. The survey collected probabilistic estimates on the future values of energy...

The competition for carbon capture, storage, and utilisation is intensifying. Historically dominated by North America, the lead in this technology is now being seized by key players across Asia - reaching from Saudi Arabia to Japan. Unlike traditional energy (transition) geopolitics, this new...