The effects of policy uncertainty and risk aversion on carbon capture, utilization, and storage investments
Author
Abstract
Suggested Citation
DOI: 10.1016/j.enpol.2024.114212
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Yang, Lin & Xu, Mao & Fan, Jingli & Liang, Xi & Zhang, Xian & Lv, Haodong & Wang, Dong, 2021. "Financing coal-fired power plant to demonstrate CCS (carbon capture and storage) through an innovative policy incentive in China," Energy Policy, Elsevier, vol. 158(C).
- Lee, Suh-Young & Lee, Jae-Uk & Lee, In-Beum & Han, Jeehoon, 2017. "Design under uncertainty of carbon capture and storage infrastructure considering cost, environmental impact, and preference on risk," Applied Energy, Elsevier, vol. 189(C), pages 725-738.
- Fuss, Sabine & Szolgayova, Jana & Obersteiner, Michael & Gusti, Mykola, 2008. "Investment under market and climate policy uncertainty," Applied Energy, Elsevier, vol. 85(8), pages 708-721, August.
- Galiano Bastarrica, Luis Antonio & Buitrago Esquinas, Eva M. & Caraballo Pou, María Ángeles & Yñiguez Ovando, Rocío, 2023. "An Integrated Assessment Model for comparing electricity decarbonisation scenarios: The case for Spain," Energy Policy, Elsevier, vol. 178(C).
- Fan, Jing-Li & Li, Zezheng & Li, Kai & Zhang, Xian, 2022. "Modelling plant-level abatement costs and effects of incentive policies for coal-fired power generation retrofitted with CCUS," Energy Policy, Elsevier, vol. 165(C).
- Middleton, Richard S. & Bielicki, Jeffrey M., 2009. "A scalable infrastructure model for carbon capture and storage: SimCCS," Energy Policy, Elsevier, vol. 37(3), pages 1052-1060, March.
- Bistline, John E., 2014. "Natural gas, uncertainty, and climate policy in the US electric power sector," Energy Policy, Elsevier, vol. 74(C), pages 433-442.
- Waxman, Andrew R. & Corcoran, Sean & Robison, Andrew & Leibowicz, Benjamin D. & Olmstead, Sheila, 2021. "Leveraging scale economies and policy incentives: Carbon capture, utilization & storage in Gulf clusters," Energy Policy, Elsevier, vol. 156(C).
- Bistline, John E., 2015. "Electric sector capacity planning under uncertainty: Climate policy and natural gas in the US," Energy Economics, Elsevier, vol. 51(C), pages 236-251.
- Manne, Alan S, 1995. "The rate of time preference : Implications for the greenhouse debate," Energy Policy, Elsevier, vol. 23(4-5), pages 391-394.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Zhang, Shuai & Zhuang, Yu & Liu, Linlin & Zhang, Lei & Du, Jian, 2019. "Risk management optimization framework for the optimal deployment of carbon capture and storage system under uncertainty," Renewable and Sustainable Energy Reviews, Elsevier, vol. 113(C), pages 1-1.
- Zhang, Shuai & Liu, Linlin & Zhang, Lei & Zhuang, Yu & Du, Jian, 2018. "An optimization model for carbon capture utilization and storage supply chain: A case study in Northeastern China," Applied Energy, Elsevier, vol. 231(C), pages 194-206.
- Sun, Bo & Fan, Boyang & Wu, Chun & Xie, Jingdong, 2024. "Exploring incentive mechanisms for the CCUS project in China's coal-fired power plants: An option-game approach," Energy, Elsevier, vol. 288(C).
- Adrien Nicolle & Diego Cedreros & Olivier Massol & Emma Jagu Schippers, 2023.
"Modeling CO2 Pipeline Systems : An Analytical Lens for CCS Regulation,"
Working Papers
hal-04087681, HAL.
- Adrien Nicolle & Diego Cebreros & Olivier Massol & Emma Jagu, 2023. "Modeling CO2 pipeline systems: An analytical lens for CCS regulation," Post-Print hal-04297191, HAL.
- Bistline, John E., 2016. "Energy technology R&D portfolio management: Modeling uncertain returns and market diffusion," Applied Energy, Elsevier, vol. 183(C), pages 1181-1196.
- Fan, Jing-Li & Li, Zezheng & Ding, Zixia & Li, Kai & Zhang, Xian, 2023. "Investment decisions on carbon capture utilization and storage retrofit of Chinese coal-fired power plants based on real option and source-sink matching models," Energy Economics, Elsevier, vol. 126(C).
- Tan, Zhizhou & Huang, Hui & Lin, Boqiang, 2024. "Impact assessment of the residual lifespan of coal-fired power plants on the investment risk of carbon capture and storage retrofit," Energy, Elsevier, vol. 307(C).
- Karjunen, Hannu & Tynjälä, Tero & Hyppänen, Timo, 2017. "A method for assessing infrastructure for CO2 utilization: A case study of Finland," Applied Energy, Elsevier, vol. 205(C), pages 33-43.
- Fikru, Mahelet G. & Belaïd, Fateh & Ma, Hongyan, 2024. "Carbon capture and renewable energy policies: Could policy harmonization be a puzzle piece to solve the electricity crisis?," Energy Economics, Elsevier, vol. 136(C).
- Knoope, M.M.J. & Ramírez, A. & Faaij, A.P.C., 2015. "The influence of uncertainty in the development of a CO2 infrastructure network," Applied Energy, Elsevier, vol. 158(C), pages 332-347.
- Peters, Jeffrey C., 2017. "Natural gas and spillover from the US Clean Power Plan into the Paris Agreement," Energy Policy, Elsevier, vol. 106(C), pages 41-47.
- Kemp, Alexander G. & Kasim, Sola, 2013. "The economics of CO2-EOR cluster developments in the UK Central North Sea," Energy Policy, Elsevier, vol. 62(C), pages 1344-1355.
- Gkousis, Spiros & Welkenhuysen, Kris & Harcouët-Menou, Virginie & Pogacnik, Justin & Laenen, Ben & Compernolle, Tine, 2024. "Integrated geo-techno-economic and real options analysis of the decision to invest in a medium enthalpy deep geothermal heating plant. A case study in Northern Belgium," Energy Economics, Elsevier, vol. 134(C).
- Mo, Jian-Lei & Schleich, Joachim & Zhu, Lei & Fan, Ying, 2015.
"Delaying the introduction of emissions trading systems—Implications for power plant investment and operation from a multi-stage decision model,"
Energy Economics, Elsevier, vol. 52(PB), pages 255-264.
- Jian-Lei Mo & Joachim Schleich & Lei Zhu & Ying Fan, 2015. "Delaying the introduction of emissions trading systems—Implications for power plant investment and operation from a multi-stage decision model," Grenoble Ecole de Management (Post-Print) hal-01265934, HAL.
- Jian-Lei Mo & Joachim Schleich & Lei Zhu & Ying Fan, 2015. "Delaying the introduction of emissions trading systems—Implications for power plant investment and operation from a multi-stage decision model," Post-Print hal-01265934, HAL.
- Pao-Yu Oei and Roman Mendelevitch, 2016.
"European Scenarios of CO2 Infrastructure Investment until 2050,"
The Energy Journal, International Association for Energy Economics, vol. 0(Sustainab).
- Oei, Pao-Yu & Mendelevitch, Roman, 2016. "European Scenarios of CO2 Infrastructure Investment until 2050," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 37, pages 171-194.
- Schachter, Jonathan A. & Mancarella, Pierluigi & Moriarty, John & Shaw, Rita, 2016. "Flexible investment under uncertainty in smart distribution networks with demand side response: Assessment framework and practical implementation," Energy Policy, Elsevier, vol. 97(C), pages 439-449.
- Wang, Delu & Gan, Jun & Mao, Jinqi & Chen, Fan & Yu, Lan, 2023. "Forecasting power demand in China with a CNN-LSTM model including multimodal information," Energy, Elsevier, vol. 263(PE).
- Linnerud, Kristin & Andersson, Ane Marte & Fleten, Stein-Erik, 2014. "Investment timing under uncertain renewable energy policy: An empirical study of small hydropower projects," Energy, Elsevier, vol. 78(C), pages 154-164.
- Zhou, Jianli & Chen, Zhuohao & Wu, Shuxian & Yang, Cheng & Wang, Yaqi & Wu, Yunna, 2024. "Potential assessment and development obstacle analysis of CCUS layout in China: A combined interpretive model based on GIS-DEMATEL-ISM," Energy, Elsevier, vol. 310(C).
- Jeffrey M. Bielicki & Guillaume Calas & Richard S. Middleton & Minh Ha‐Duong, 2014.
"National corridors for climate change mitigation: managing industrial CO 2 emissions in France,"
Greenhouse Gases: Science and Technology, Blackwell Publishing, vol. 4(3), pages 262-277, June.
- Jeff Bielicki & Guillaume Calas & Richard S. Middleton & Minh Ha-Duong, 2014. "National corridors for climate change mitigation: managing industrial CO2 emissions in France," Post-Print hal-00944665, HAL.
More about this item
Keywords
Carbon capture; Energy infrastructure; Optimization; Uncertainty; Risk aversion; Subsidies;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:enepol:v:192:y:2024:i:c:s0301421524002325. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/enpol .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.