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Reference Number
ETI-CC1025
Title
Thermal Power with CCS
Status
Completed
Energy Categories

Other Power and Storage Technologies (Electric power conversion)

Fossil Fuels: Oil Gas and Coal (CO2 Capture and Storage, CO2 capture/separation)

Fossil Fuels: Oil Gas and Coal (Oil and Gas, Oil and gas combustion)

Research Types
Applied Research and Development
Science and Technology Fields
SOCIAL SCIENCES (Economics and Econometrics)
ENGINEERING AND TECHNOLOGY (Mechanical, Aeronautical and Manufacturing Engineering)
UKERC Cross Cutting Characterisation
Not Cross-cutting
Principal Investigator
Project Contact
SNC-Lavalin, Canada
Award Type
Institute Project
Funding Source
ETI
Start Date
08 September 2016
End Date
22 December 2017
Duration
15 months
Total Grant Value
£650,000
Industrial Sectors
Region
Overseas
Programme
Carbon Capture and Storage
Investigators
Principal Investigator
Project Contact, SNC-Lavalin, Canada
Other Investigator
Project Contact, AECOM
Project Contact, University of Sheffield
Web Site
Objectives
Abstract
Significant investment in new electricity capacity is required over the next decades to meet carbon budgets while maintaining security of supply. Much of this investment could be driven by policy decisions, for example around the allocation of Contracts for Difference (CfDs) to alternative types of low carbon generation. Value for money is a key consideration in these policy decisions. However, there is little consensus around which technologies might provide the best value for money, once their full impacts are taken into account. Assessing value for money is a complex and difficult task, and many different approaches and assumptions can be used, ranging from simplified metrics (e.g. levelized costs) to complex ‘blackbox’ modelling.
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Added to Database
10/10/18