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The climate targets defined under the Paris agreement of limiting global temperature increase below 1.5 or 2°C require massive deployment of low-carbon options in the energy mix, which is currently dominated by fossil fuels. Scenarios suggest that Carbon Capture and Storage (CCS) might play a...
Persistent link: https://www.econbiz.de/10012941139
The climate targets defined under the Paris agreement of limiting global temperature increase below 1.5 or 2°C require massive deployment of low-carbon options in the energy mix, which is currently dominated by fossil fuels. Scenarios suggest that Carbon Capture and Storage (CCS) might play a...
Persistent link: https://www.econbiz.de/10011753419
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Decarbonising the power sector requires feasible strategies for the rapid phase-out of fossil fuels and the expansion of low-carbon sources. This study assesses the feasibility of plausible decarbonisation scenarios for the power sector in the Republic of Korea through 2050 and 2060. Our power...
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In this paper we investigate the economic impacts of the European Emission Trading Scheme (EU-ETS) on the Italian electricity market by a power generation expansion model. In particular, we assume that generators make their capacity expansion decisions in a Cournot or in a perfect competition...
Persistent link: https://www.econbiz.de/10009419709
The penetration of Variable Renewable Energies (VREs) in the electricity mix poses serious challenges in terms of management of the electrical grids, as the associated variability and non-dispatchability are in contrast with the requirement that the load be instantaneously equalized by the...
Persistent link: https://www.econbiz.de/10011439063
A key challenge for long-term power sector planning models is to simultaneously represent multisector interactions within the energy system in response to broader technological and societal factors, while considering sufficient structural details within the power sector. We incorporate improved...
Persistent link: https://www.econbiz.de/10013188512