Carbon capture and storage (CCS) seems an appealing option to meet the ambitious objectives of the Paris Agreement. Captured CO2 emissions can also be injected in active fields to enhance recovery: Carbon capture and utilization (CCU). We study a dynamic model of CCS and CCU of an economy...

As the global energy transition accelerates, all energy sectors will experience significant transformations, affecting how energy is produced and consumed. This implies a changing role of hydrocarbon fuels such as oil and natural gas. While these fuels will continue to play a role in energy...

Carbon dioxide capture and storage (CCS) is considered to be an important option for reducing carbon dioxide (CO2) emissions. However, there are still concerns about its economic viability, especially if the risk of leakage in the storage site is taken into account. We use a real options...

As a part of its climate policy, Finnish government facilitated the creation of low-carbon roadmaps by sectors of industry. The roadmap process and the roadmaps were promoted as an international benchmark in COP26. They also form a part of the policy process towards the government's goal of...

Carbon Capture and Storage (CCS) is a set of technologies that can contribute to reducing anthropogenic carbon emissions. Using the technology, the captured CO2 can either be permanently stored in underground geological sites or used for various industrial processes, including enhanced oil...

Fossile Brennstoffe tragen heute zu über 80% zur Deckung der globalen Energienachfrage bei und verursachen damit 57% der anthropogenen Treibhausgasemissionen. Eine Abkehr von der fossilen Energie ist nicht in Sicht. Im Gegenteil, die weltweite Abhängigkeit von fossilen Energieträgern nahm in...