No abstract

Objective The aim of the present article is to conduct an integrated assessment in order to explore whether CCS could be a viable technological option for significantly reducing future CO 2 emissions in China.Methods In this paper, an integrated approach covering five assessment dimensions is chosen.Each dimension is investigated using specific methods (graphical abstract). ResultsThe most crucial precondition that must be met is a reliable storage capacity assessment based on site-specific geological data. Our projection of different trends of coal-based power plant capacities up to 2050 ranges between 34 and 221 Gt of CO 2 that may be captured from coal-fired power plants to be built by 2050. If very optimistic assumptions about the country's CO 2 storage potential are applied, 192 Gt of CO 2 could theoretically be stored as a result of matching these sources with suitable sinks. If a cautious approach is taken, this figure falls to 29 Gt of CO 2 . In practice, this potential will decrease further with the impact of technical, legal, economic and social acceptance factors. Further constraints may be the delayed commercial availability of CCS in China; a significant barrier to achieving the economic viability of CCS due to a currently non-existing nation-wide CO 2 pricing scheme that generates a sufficiently strong price signal; an expected life-cycle reduction rate of the power plant's greenhouse gas emissions of 59 to 60%; and an increase in most other negative environmental and social impacts. Conclusion and practice implicationsMost experts expect a striking dominance of coal-fired power generation in the country's electricity sector, even if the recent trend towards a flattened deployment of coal capacity and reduced annual growth rates of coal-fired generation proves to be true in the future. In order to reduce fossil fuel-related CO 2 emissions to a level that would be consistent with the long-term climate protection target of the international community to

If the current energy policy priorities are retained, there might be no need to focus additionally on carbon capture and storage (CCS) in the power plant sector of Germany. This applies even in the case of ambitious climate protection targets, according to the results of the presented integrated assessment study. These cover a variety of aspects: Firstly, the technology is not expected to become available on a large scale before 2025 in Germany. Secondly, if renewable energies and combined heat and power are expanded further and energy productivity is enhanced, there is likely to be only a limited demand for CCS power plants as a scenario analysis of CCS deployment in Germany shows. Thirdly, cost analysis using the learning curve approach shows that the electricity generation costs of renewable electricity are approaching those of CCS power plants. This leads to the consequence that from 2020, several renewable technologies may well be in a position to offer electricity at a cheaper rate than CCS power plants. In addition, a review of new life cycle assessments for CO 2 separation in the power plant sector indicates that the greenhouse gas emissions from one kilowatt hour of electricity generated by first-generation CCS power plants could only be reduced by 68 to 87 per cent (95 per cent in individual cases). Finally, a cautious, conservative estimate of the effective German CO 2 storage capacity of approximately 5 billion tonnes of CO 2 is calculated, including a fluctuation range yielding values between 4 and 15 billion tonnes of CO 2. Therefore, the total CO 2 emissions caused by large point sources in Germany could be stored for 12 years (basic value) or for 8 respectively 33 years (sensitivity values).

No abstract

Several energy scenario studies consider concentrated solar power (CSP) plants as an important technology option to reduce the world's CO 2 emissions to a level required for not letting the global average temperature exceed a threshold of 2-2.4°C. A global ramp up of CSP technologies offers great economic opportunities for technology providers as CSP technologies include highly specialised components. This paper analyses possible value creation effects resulting from a global deployment of CSP until 2050 as projected in scenarios of the International Energy Agency (IEA) and Greenpeace International. The analysis focuses on the economic opportunities of German technology providers since companies such as Schott Solar, Flabeg or Solar Millenium are among the leading suppliers of CSP technologies on the global market.