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

Tzimas, Evangelos and Georgakaki, Aliki 2010. A long-term view of fossil-fuelled power generation in Europe. Energy Policy 38 (8) , pp. 4252-4264. 10.1016/j.enpol.2010.03.055

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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.

Item Type:	Article
Date Type:	Publication
Status:	Published
Schools:	Architecture
Subjects:	G Geography. Anthropology. Recreation > GE Environmental Sciences
Uncontrolled Keywords:	Fossil-fuelled power generation; Carbon capture and storage; CO2 emissions
Publisher:	Elsevier
ISSN:	0301-4215
Last Modified:	19 Mar 2016 22:16
URI:	https://orca.cardiff.ac.uk/id/eprint/10211

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