The potential role of Carbon Capture and Storage, under different policy options.

Abstract: This paper explores the potential role of CCS under different policy options in the Dutch electricity sector. A bottom-up simulation model is used to evaluate different policy scenarios. The results show that CCS plays only a moderate role for gradually rising CO₂ prices. By using the scale advantages in CO₂ transport already for the first CCS plants comparable to the level of large scale transport, the competitiveness of CCS is improved considerably. Furthermore, our results indicate that different policy options stimulate different types of CCS technologies. Finally, stimulating CCS and renewable energy sources simultaneously is more cost effective in the long run than stimulating solely CCS. [Copyright &y& Elsevier]