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Assessing the Role of Carbon Capture and Storage in Mitigation Pathways of Developing Economies

E3Modelling S.A., Panormou 70-72, PO 11523 Athens, Greece
Academic Editor: Muhammad Aziz
Energies 2021, 14(7), 1879; https://doi.org/10.3390/en14071879
Received: 9 February 2021 / Revised: 9 March 2021 / Accepted: 24 March 2021 / Published: 29 March 2021
(This article belongs to the Special Issue Process Simulations and Experimental Studies of CO2 Capture)
The Paris Agreement has set out ambitious climate goals aiming to keep global warming well-below 2 °C by 2100. This requires a large-scale transformation of the global energy system based on the uptake of several technological options to reduce drastically emissions, including expansion of renewable energy, energy efficiency improvements, and fuel switch towards low-carbon energy carriers. The current study explores the role of Carbon Capture and Storage (CCS) as a mitigation option, which provides a dispatchable source for carbon-free production of electricity and can also be used to decarbonise industrial processes. In the last decade, limited technology progress and slow deployment of CCS technologies worldwide have increased the concerns about the feasibility and potential for massive scale-up of CCS required for deep decarbonisation. The current study uses the state-of-the-art PROMETHEUS global energy demand and supply system model to examine the role and impacts of CCS deployment in a global decarbonisation context. By developing contrasted decarbonisation scenarios, the analysis illustrates that CCS deployment might bring about various economic and climate benefits for developing economies, in the form of reduced emissions, lower mitigation costs, ensuring the cost efficient integration of renewables, limiting stranded fossil fuel assets, and alleviating the negative distributional impacts of cost-optimal policies for developing economies. View Full-Text
Keywords: energy system decarbonisation; PROMETHEUS model; Carbon Capture and Storage energy system decarbonisation; PROMETHEUS model; Carbon Capture and Storage
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MDPI and ACS Style

Fragkos, P. Assessing the Role of Carbon Capture and Storage in Mitigation Pathways of Developing Economies. Energies 2021, 14, 1879. https://doi.org/10.3390/en14071879

AMA Style

Fragkos P. Assessing the Role of Carbon Capture and Storage in Mitigation Pathways of Developing Economies. Energies. 2021; 14(7):1879. https://doi.org/10.3390/en14071879

Chicago/Turabian Style

Fragkos, Panagiotis. 2021. "Assessing the Role of Carbon Capture and Storage in Mitigation Pathways of Developing Economies" Energies 14, no. 7: 1879. https://doi.org/10.3390/en14071879

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