Impact Analysis About Introducing CCS for CO2 Emissions Reduction

Yicheng Zhou, She Jinhua, Yong Li, Yosuke Nakanishi

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Abstract

It becomes more and more important to consider environmental issues as well as power supply stability or economics in power system planning. In this paper effects of the CO2 emissions constraint on power source composition are analyzed through the screening curve analysis. We calculate the marginal reduction costs of CO2 emissions using shadow prices and compare them with the reduction costs resulting from introducing CCS and carbon prices.

Original languageEnglish
Title of host publication2021 IEEE PES Innovative Smart Grid Technologies - Asia, ISGT Asia 2021
PublisherInstitute of Electrical and Electronics Engineers Inc.
ISBN (Electronic)9781665433396
DOIs
Publication statusPublished - 2021
Event2021 IEEE PES Innovative Smart Grid Technologies - Asia, ISGT Asia 2021 - Brisbane, Australia
Duration: 2021 Dec 52021 Dec 8

Publication series

Name2021 IEEE PES Innovative Smart Grid Technologies - Asia, ISGT Asia 2021

Conference

Conference2021 IEEE PES Innovative Smart Grid Technologies - Asia, ISGT Asia 2021
Country/TerritoryAustralia
CityBrisbane
Period21/12/521/12/8

Keywords

  • carbon dioxide capture and storage
  • Geometric Brownian motion
  • marginal reduction cost
  • power source composition
  • screening curve

ASJC Scopus subject areas

  • Artificial Intelligence
  • Energy Engineering and Power Technology
  • Renewable Energy, Sustainability and the Environment
  • Electrical and Electronic Engineering
  • Control and Optimization

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