What are the recent trends and prospects for investment in power generation? What are the main drivers and barriers? This book assesses these issues and gives special emphasis to the question of how uncertainties may affect investment decisions. Uncertainties on CO2 constraints, on power plant...

Introduction -- Fundamentals of Energy and Power Systems -- Energy Demand -- Electricity Generation and Operational Planning -- Electricity Transport and Storage -- Regulation: Grids and Environment -- Simple Electricity Market Equilibrium Models -- Markets: Organisation, Trading and Efficiency...

The largest contributor to environmental deterioration, the carbon footprint, arises from excessive fossil fuel consumption. Meanwhile, international experts note that despite the positive dynamics in the issue of making commitments to carbon-zero targets, most companies around the globe do not...

“Woody” or “forest product-derived” biomass is not a major fuel source for electricity generation in the United States. This chapter first discusses the extent of its current use, and details some reasons for its limited use. Second, the chapter analyzes one scientific and policy debate...

Bio-energy has the potential to be a key mitigation option if combined with carbon capture and sequestration (BECCS) because it generates electricity and absorbs emissions at the same time. However, biomass is not distributed evenly across the globe, and regions with a potentially high demand...

This project aimed to develop efficient, low-carbon options for coal use in coal-fired power plants by integrating three technologies: coal-biomass co-firing, oxyfuel and flameless combustion. A novel concept was developed by using: (a) lab-scale experiments to assess the behaviour of fuels and...