全球智库信息集成服务系统(G2TT): Uncertainty modeling of CCS investment strategy in China's power sector.

G2TT

来源类型	Article
规范类型	其他
DOI	10.1016/j.apenergy.2010.01.013
	Uncertainty modeling of CCS investment strategy in China's power sector.
	Zhou W; Zhu B; Fuss S; Szolgayova J; Obersteiner M; Fei W
发表日期	2010
出处	Applied Energy 87 (7): 2392-2400
出版年	2010
语种	英语
摘要	The increasing pressure resulting from the need for CO2 mitigation is in conflict with the predominance of coal in China's energy structure. A possible solution to this tension between climate change and fossil fuel consumption fact could be the introduction of the carbon capture and storage (CCS) technology. However, high cost and other problems give rise to great uncertainty in R&D and popularization of carbon capture technology. This paper presents a real options model incorporating policy uncertainty described by carbon price scenarios (including stochasticity), allowing for possible technological change. This model is further used to determine the best strategy for investing in CCS technology in an uncertain environment in China and the effect of climate policy on the decision-making process of investment into carbon-saving technologies.
主题	Energy (ENE) ; Forestry (FOR)
关键词	Carbon capture and storage Uncertainty Real options Energy investment Chinese climate policy
URL	http://pure.iiasa.ac.at/id/eprint/9280/
来源智库	International Institute for Applied Systems Analysis (Austria)
引用统计
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/129162
推荐引用方式 GB/T 7714	Zhou W,Zhu B,Fuss S,et al. Uncertainty modeling of CCS investment strategy in China's power sector.. 2010.