Impact Analysis About Introducing CCS for CO2 Emissions Reduction

Yicheng Zhou; She Jinhua; Yong Li; Yosuke Nakanishi

doi:10.1109/ISGTASIA49270.2021.9715707

Impact Analysis About Introducing CCS for CO2 Emissions Reduction

Yicheng Zhou, She Jinhua, Yong Li, Yosuke Nakanishi

Graduate School of Environment and Energy Engineering

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution

Abstract

It becomes more and more important to consider environmental issues as well as power supply stability or economics in power system planning. In this paper effects of the CO2 emissions constraint on power source composition are analyzed through the screening curve analysis. We calculate the marginal reduction costs of CO2 emissions using shadow prices and compare them with the reduction costs resulting from introducing CCS and carbon prices.

Original language	English
Title of host publication	2021 IEEE PES Innovative Smart Grid Technologies - Asia, ISGT Asia 2021
Publisher	Institute of Electrical and Electronics Engineers Inc.
ISBN (Electronic)	9781665433396
DOIs	https://doi.org/10.1109/ISGTASIA49270.2021.9715707
Publication status	Published - 2021
Event	2021 IEEE PES Innovative Smart Grid Technologies - Asia, ISGT Asia 2021 - Brisbane, Australia Duration: 2021 Dec 5 → 2021 Dec 8

Publication series

Name	2021 IEEE PES Innovative Smart Grid Technologies - Asia, ISGT Asia 2021

Conference

Conference	2021 IEEE PES Innovative Smart Grid Technologies - Asia, ISGT Asia 2021
Country/Territory	Australia
City	Brisbane
Period	21/12/5 → 21/12/8

Keywords

Geometric Brownian motion
carbon dioxide capture and storage
marginal reduction cost
power source composition
screening curve

ASJC Scopus subject areas

Artificial Intelligence
Energy Engineering and Power Technology
Renewable Energy, Sustainability and the Environment
Electrical and Electronic Engineering
Control and Optimization

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

Access to Document

10.1109/ISGTASIA49270.2021.9715707

Cite this

Zhou, Y., Jinhua, S., Li, Y., & Nakanishi, Y. (2021). Impact Analysis About Introducing CCS for CO2 Emissions Reduction. In 2021 IEEE PES Innovative Smart Grid Technologies - Asia, ISGT Asia 2021 (2021 IEEE PES Innovative Smart Grid Technologies - Asia, ISGT Asia 2021). Institute of Electrical and Electronics Engineers Inc.. https://doi.org/10.1109/ISGTASIA49270.2021.9715707

Impact Analysis About Introducing CCS for CO2 Emissions Reduction. / Zhou, Yicheng; Jinhua, She; Li, Yong et al.
2021 IEEE PES Innovative Smart Grid Technologies - Asia, ISGT Asia 2021. Institute of Electrical and Electronics Engineers Inc., 2021. (2021 IEEE PES Innovative Smart Grid Technologies - Asia, ISGT Asia 2021).

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution

Zhou, Y, Jinhua, S, Li, Y & Nakanishi, Y 2021, Impact Analysis About Introducing CCS for CO2 Emissions Reduction. in 2021 IEEE PES Innovative Smart Grid Technologies - Asia, ISGT Asia 2021. 2021 IEEE PES Innovative Smart Grid Technologies - Asia, ISGT Asia 2021, Institute of Electrical and Electronics Engineers Inc., 2021 IEEE PES Innovative Smart Grid Technologies - Asia, ISGT Asia 2021, Brisbane, Australia, 21/12/5. https://doi.org/10.1109/ISGTASIA49270.2021.9715707

@inproceedings{b0a7519b6c3845198d2af3d537827c2e,

title = "Impact Analysis About Introducing CCS for CO2 Emissions Reduction",

abstract = "It becomes more and more important to consider environmental issues as well as power supply stability or economics in power system planning. In this paper effects of the CO2 emissions constraint on power source composition are analyzed through the screening curve analysis. We calculate the marginal reduction costs of CO2 emissions using shadow prices and compare them with the reduction costs resulting from introducing CCS and carbon prices.",

keywords = "Geometric Brownian motion, carbon dioxide capture and storage, marginal reduction cost, power source composition, screening curve",

author = "Yicheng Zhou and She Jinhua and Yong Li and Yosuke Nakanishi",

note = "Funding Information: ACKNOWLEDGMENT This research was supported by the Japan Science and Technology Agency, as part of the e-ASIA Joint Research Program (e-ASIA). Publisher Copyright: {\textcopyright} 2021 IEEE; 2021 IEEE PES Innovative Smart Grid Technologies - Asia, ISGT Asia 2021 ; Conference date: 05-12-2021 Through 08-12-2021",

year = "2021",

doi = "10.1109/ISGTASIA49270.2021.9715707",

language = "English",

series = "2021 IEEE PES Innovative Smart Grid Technologies - Asia, ISGT Asia 2021",

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AU - Zhou, Yicheng

AU - Jinhua, She

AU - Li, Yong

AU - Nakanishi, Yosuke

PY - 2021

Y1 - 2021

N2 - It becomes more and more important to consider environmental issues as well as power supply stability or economics in power system planning. In this paper effects of the CO2 emissions constraint on power source composition are analyzed through the screening curve analysis. We calculate the marginal reduction costs of CO2 emissions using shadow prices and compare them with the reduction costs resulting from introducing CCS and carbon prices.

AB - It becomes more and more important to consider environmental issues as well as power supply stability or economics in power system planning. In this paper effects of the CO2 emissions constraint on power source composition are analyzed through the screening curve analysis. We calculate the marginal reduction costs of CO2 emissions using shadow prices and compare them with the reduction costs resulting from introducing CCS and carbon prices.

KW - Geometric Brownian motion

KW - carbon dioxide capture and storage

KW - marginal reduction cost

KW - power source composition

KW - screening curve

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M3 - Conference contribution

AN - SCOPUS:85126949519

T3 - 2021 IEEE PES Innovative Smart Grid Technologies - Asia, ISGT Asia 2021

BT - 2021 IEEE PES Innovative Smart Grid Technologies - Asia, ISGT Asia 2021

PB - Institute of Electrical and Electronics Engineers Inc.

T2 - 2021 IEEE PES Innovative Smart Grid Technologies - Asia, ISGT Asia 2021

Y2 - 5 December 2021 through 8 December 2021

ER -

Impact Analysis About Introducing CCS for CO2 Emissions Reduction

Abstract

Publication series

Conference

Keywords

ASJC Scopus subject areas

UN SDGs

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