IDEAS home Printed from https://ideas.repec.org/a/eee/enepol/v38y2010i8p4252-4264.html
   My bibliography  Save this article

A long-term view of fossil-fuelled power generation in Europe

Author

Listed:
  • Tzimas, Evangelos
  • Georgakaki, Aliki

Abstract

The paper presents a view into the long term future of fossil-fuelled power generation in the European Union, based on a number of alternative scenarios for the development of the coal, natural gas and CO2 markets, and the penetration of renewable and nuclear technologies. The new fossil fuelled capacity needed and the likely technology mix are estimated using a cost optimisation model based on the screening curve method, taking into consideration the rate of retirement of the current power plant fleet, the capacity already planned or under construction and the role of carbon capture and storage technologies. This analysis shows that measures to increase both non-fossil-fuel-based power generation and the price of CO2 are necessary to drive the composition of the European power generation capacity so that the European policy goal of reducing greenhouse gas emissions is achieved. Meeting this goal will however require a high capital investment for the creation of an optimal fossil fuel power plant technology mix.

Suggested Citation

  • Tzimas, Evangelos & Georgakaki, Aliki, 2010. "A long-term view of fossil-fuelled power generation in Europe," Energy Policy, Elsevier, vol. 38(8), pages 4252-4264, August.
    • Handle: RePEc:eee:enepol:v:38:y:2010:i:8:p:4252-4264
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0301-4215(10)00218-1
    Download Restriction: Full text for ScienceDirect subscribers only
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Rubin, Edward S. & Yeh, Sonia & Antes, Matt & Berkenpas, Michael & Davison, John, 2007. "Use of experience curves to estimate the future cost of power plants with CO2 capture," Institute of Transportation Studies, Working Paper Series qt46x6h0n0, Institute of Transportation Studies, UC Davis.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Schmidt, Johannes & Leduc, Sylvain & Dotzauer, Erik & Schmid, Erwin, 2011. "Cost-effective policy instruments for greenhouse gas emission reduction and fossil fuel substitution through bioenergy production in Austria," Energy Policy, Elsevier, vol. 39(6), pages 3261-3280, June.
    2. Reimers, Andrew & Cole, Wesley & Frew, Bethany, 2019. "The impact of planning reserve margins in long-term planning models of the electricity sector," Energy Policy, Elsevier, vol. 125(C), pages 1-8.
    3. Glasnovic, Zvonimir & Margeta, Jure, 2011. "Vision of total renewable electricity scenario," Renewable and Sustainable Energy Reviews, Elsevier, vol. 15(4), pages 1873-1884, May.
    4. Güner, Yusuf Emre, 2018. "The improved screening curve method regarding existing units," European Journal of Operational Research, Elsevier, vol. 264(1), pages 310-326.
    5. Devlin, Joseph & Li, Kang & Higgins, Paraic & Foley, Aoife, 2017. "Gas generation and wind power: A review of unlikely allies in the United Kingdom and Ireland," Renewable and Sustainable Energy Reviews, Elsevier, vol. 70(C), pages 757-768.

    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.
    1. Lai, N.Y.G. & Yap, E.H. & Lee, C.W., 2011. "Viability of CCS: A broad-based assessment for Malaysia," Renewable and Sustainable Energy Reviews, Elsevier, vol. 15(8), pages 3608-3616.
    2. Batidzirai, B. & Mignot, A.P.R. & Schakel, W.B. & Junginger, H.M. & Faaij, A.P.C., 2013. "Biomass torrefaction technology: Techno-economic status and future prospects," Energy, Elsevier, vol. 62(C), pages 196-214.
    3. Lovering, Jessica R. & Yip, Arthur & Nordhaus, Ted, 2016. "Historical construction costs of global nuclear power reactors," Energy Policy, Elsevier, vol. 91(C), pages 371-382.
    4. Rochedo, Pedro R.R. & Szklo, Alexandre, 2013. "Designing learning curves for carbon capture based on chemical absorption according to the minimum work of separation," Applied Energy, Elsevier, vol. 108(C), pages 383-391.
    5. Tsimafei Kazlou & Aleh Cherp & Jessica Jewell, 2024. "Feasible deployment of carbon capture and storage and the requirements of climate targets," Nature Climate Change, Nature, vol. 14(10), pages 1047-1055, October.
    6. Marie Renner, 2014. "Carbon prices and CCS investment: comparative study between the European Union and China," Working Papers 1402, Chaire Economie du climat.
    7. Escudero, Marcos & Jiménez, Ángel & González, Celina & López, Ignacio, 2013. "Quantitative analysis of potential power production and environmental benefits of Biomass Integrated Gasification Combined Cycles in the European Union," Energy Policy, Elsevier, vol. 53(C), pages 63-75.
    8. Wu Haibo & Liu Zhaohui, 2018. "Economic research relating to a 200 MWe oxy‐fuel combustion power plant," Greenhouse Gases: Science and Technology, Blackwell Publishing, vol. 8(5), pages 911-919, October.
    9. Kemp, Alexander G. & Sola Kasim, A., 2010. "A futuristic least-cost optimisation model of CO2 transportation and storage in the UK/UK Continental Shelf," Energy Policy, Elsevier, vol. 38(7), pages 3652-3667, July.
    10. Moura, Maria Cecilia P. & Branco, David A. Castelo & Peters, Glen P. & Szklo, Alexandre Salem & Schaeffer, Roberto, 2013. "How the choice of multi-gas equivalency metrics affects mitigation options: The case of CO2 capture in a Brazilian coal-fired power plant," Energy Policy, Elsevier, vol. 61(C), pages 1357-1366.
    11. Andrew William Ruttinger & Miyuru Kannangara & Jalil Shadbahr & Phil De Luna & Farid Bensebaa, 2021. "How CO 2 -to-Diesel Technology Could Help Reach Net-Zero Emissions Targets: A Canadian Case Study," Energies, MDPI, vol. 14(21), pages 1-21, October.
    12. Xu, Zhongming & Fang, Chenhao & Ma, Tieju, 2020. "Analysis of China’s olefin industry using a system optimization model considering technological learning and energy consumption reduction," Energy, Elsevier, vol. 191(C).
    13. Lilliestam, Johan & Bielicki, Jeffrey M. & Patt, Anthony G., 2012. "Comparing carbon capture and storage (CCS) with concentrating solar power (CSP): Potentials, costs, risks, and barriers," Energy Policy, Elsevier, vol. 47(C), pages 447-455.
    14. Yang, Hang & Zhang, Yongxin & Zheng, Chenghang & Wu, Xuecheng & Chen, Linghong & Fu, Joshua S. & Gao, Xiang, 2018. "Cost estimate of the multi-pollutant abatement in coal-fired power sector in China," Energy, Elsevier, vol. 161(C), pages 523-535.
    15. Viebahn, Peter & Vallentin, Daniel & Höller, Samuel, 2014. "Prospects of carbon capture and storage (CCS) in India’s power sector – An integrated assessment," Applied Energy, Elsevier, vol. 117(C), pages 62-75.
    16. Hernandez-Negron, Christian G. & Baker, Erin & Goldstein, Anna P., 2023. "A hypothesis for experience curves of related technologies with an application to wind energy," Renewable and Sustainable Energy Reviews, Elsevier, vol. 184(C).
    17. 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.
    18. Yang, Lin & Lv, Haodong & Wei, Ning & Li, Yiming & Zhang, Xian, 2023. "Dynamic optimization of carbon capture technology deployment targeting carbon neutrality, cost efficiency and water stress: Evidence from China's electric power sector," Energy Economics, Elsevier, vol. 125(C).
    19. Yao, Xing & Fan, Ying & Zhu, Lei & Zhang, Xian, 2020. "Optimization of dynamic incentive for the deployment of carbon dioxide removal technology: A nonlinear dynamic approach combined with real options," Energy Economics, Elsevier, vol. 86(C).
    20. Renner, Marie, 2014. "Carbon prices and CCS investment: A comparative study between the European Union and China," Energy Policy, Elsevier, vol. 75(C), pages 327-340.

    Corrections

    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:38:y:2010:i:8:p:4252-4264. 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.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.