-up electricity sector model HECTOR. Simulation results show that investment costs strongly influence the market deployment of coal …In this paper we analyze how development of the economics related to CCS technology in coal-fired power plants affects … market diffusion. Specifically, we (1) show the (significant) variance in economic expectations for commercial-grade CCS hard …

-by-doing rate of 7.1% and the learning-by-researching rate of 6.6% to CCS in the electricity market model HECTOR, which simulates 19 … CCS. Simulation results show that the individual impact of learning is similar for both learning rates, regardless of the …Carbon capture and storage (CCS) technologies have the potential to play a major role in the stabilization of …

In this paper, we develop a multi-factor real options model for a two-stage investment problem where a coal-fired power … plant is later retrofitted with carbon capture and storage (CCS). A capture-ready power plant with lower retrofit costs is … compared with a conventional one and higher CCS retrofit costs. The stochastic variables considered are the price of …

In this paper we investigate the cost effectiveness of coal-fired CCS plants. Two different model approaches are used … postpone the CCS investment leads to much higher threshold prices, rendering the investment less attractive from today …’s perspective. Finally, with a risk-adjusted discount rate for all CCS options it turns out to be more attractive than with a …

In this paper we introduce HECTOR, a new and advanced long-term electricity market model that simulates market behavior … considerations. The model simulates the electricity markets of 19 European countries, with over 400 groups of power plants, and is … able to closely approximate historic electricity prices. The average base load price computed by the model for 2006 …

variance of two main factors, efficiency and investment cost, using the bottom-up electricity sector model HECTOR. Simulation …In this paper, we analyze how the development of the carbon capture and storage (CCS) technology used in coal … economics of commercial-grade CCS hard coal power plants observed in the literature; (2) analyze the impact of CCS economics on …

operation, computing limitations have until very recently made it impossible to solve a policy analysis or planning model that … combines realistic modeling of flows with a detailed transmission system model and the prediction of generator investment and … retirement. We construct and solve a model of the eastern US and Canada that combines these characteristics. Then, because a …

electricity price forecasting in the New Zealand electricity market. Our best-performing model improves the symmetric mean … absolute percentage error (sMAPE) and mean absolute scaled error (MASE) by 2% to 3% over the LEAR benchmark model, highlighting …

In this paper, we develop a multi-factor real options model for a two-stage investment problem where a coal-fired power … plant is later retrofitted with carbon capture and storage (CCS). A capture-ready power plant with lower retrofit costs is … compared with a conventional one and higher CCS retrofit costs. The stochastic variables considered are the price of …