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Nuclear versus Coal plus CCS: A Comparison of Two Competitive Base-load Climate Control Options AgEcon
Tavoni, Massimo; van der Zwaan, Bob.
In this paper we analyze the relative importance and mutual behavior of two competing base-load electricity generation options that each are capable of contributing significantly to the abatement of global CO2 emissions: nuclear energy and coal-based power production complemented with CO2 capture and storage (CCS). We also investigate how, in scenarios from an integrated assessment model that simulates the economics of a climate-constrained world, the prospects for nuclear energy would change if exogenous limitations on the spread of nuclear technology were relaxed. Using the climate change economics model WITCH we find that until 2050 the resulting growth rates of nuclear electricity generation capacity become comparable to historical rates observed...
Tipo: Working or Discussion Paper Palavras-chave: Economic Competition; Electricity Sector; Nuclear Power; Coal Power; CCS; Renewables; Climate Policy; Research and Development/Tech Change/Emerging Technologies; D8; D9; H0; O3; O4; Q4; Q5.
Ano: 2009 URL: http://purl.umn.edu/55327
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The Economics of Geological CO2 Storage and Leakage AgEcon
van der Zwaan, Bob; Gerlagh, Reyer.
The economics of CO2 capture and storage in relation to the possibility of significant leakage of CO2 from geological reservoirs once this greenhouse gas has been stored artificially underground will be among the main determinants of whether CCS can significantly contribute to a deep cut in global CO2 emissions. This paper presents an analysis of the economic and climatic implications of the large-scale use of CCS for reaching a stringent climate change control target, when geological CO2 leakage is accounted for. The natural scientific uncertainties regarding the rates of possible leakage of CO2 from geological reservoirs are likely to remain large for a long time to come. We present a qualitative description, a concise analytical inspection, as well as a...
Tipo: Conference Paper or Presentation Palavras-chave: Climate Change; Carbon Dioxide Emission Reduction; Technological Innovation; CO2 Capture and Storage (CCS); Geological Leakage; Environmental Economics and Policy; H21; D58; C61; O33; Q40.
Ano: 2008 URL: http://purl.umn.edu/6372
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An Integrated Assessment of Climate Change, Air Pollution, and Energy Security Policy AgEcon
Bollen, Johannes; Hers, Sebastiaan; van der Zwaan, Bob.
This article presents an integrated assessment of climate change, air pollution, and energy security policy. Basis of our analysis is the MERGE model, designed to study the interaction between the global economy, energy use, and the impacts of climate change. For our purposes we expanded MERGE with expressions that quantify damages incurred to regional economies as a result of air pollution and lack of energy security. One of the main findings of our cost-benefit analysis is that energy security policy alone does not decrease the use of oil: global oil consumption is only delayed by several decades and oil reserves are still practically depleted before the end of the 21st century. If, on the other hand, energy security policy is integrated with optimal...
Tipo: Working or Discussion Paper Palavras-chave: Climate Change; Air Pollution; Energy Security; Cost-Benefit Analysis; Environmental Economics and Policy; H21; D58; C61; O33; Q40.
Ano: 2009 URL: http://purl.umn.edu/55332
Registros recuperados: 3
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