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Product Abstract

The Power to Reduce CO2 Emissions: The Full Portfolio - 2008 Economic Sensitivity Studies

Product ID:1018431
Date Published:11-Dec-2008
Pages:38
Sector Name:Technology Innovation
Document Type:Corporate
Price:No Charge

This Product is publicly available

   786.29 KB - Adobe PDF (.pdf)

Abstract
EPRI's 2007 analysis, "The Power to Reduce CO2 Emissions: the Full Portfolio," EPRI 1015461 showed that by deploying a full portfolio of advanced, cost-effective technologies the electricity sector can substantially reduce the cost of reducing CO2 emissions. The analysis factored key assumptions about the costs and timing of various technologies, including advanced nuclear and advanced coal generation with CO2 storage and capture. Because these technologies generate huge amounts of electricity while emitting little or no CO2, their presence in a generation portfolio strongly influences economic impacts and the degree to which other technologies enter the generation mix over time. Continuing EPRI's analysis, a critical question follows: in the event of higher costs or delays in technology availability, how are the costs of CO2 policy and deployments of different technologies affected?

Building on the 2007 analysis, EPRI analyzed a series of scenarios evaluating how the economy would respond to variable costs and timing of key technologies under a CO2 emissions constraint.

Related Material
  • 1020929-
Program
Program  
Keywords
  • Climate Change
  • CO2 emissions
  • Advanced generation technologies
  • PRISM
  • MERGE
  • Full portfolio
Report
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