Abstract
This chapter analyses the system value of CCS in Germany within the context of consistent greenhouse gas reduction scenarios with and without the implementation of CCS technologies. The system value of CCS is determined using additional CO2 avoidance costs that would occur if climate change mitigation targets were to be met without using CCS even though CCS technology was available. The development of important parameters, assumptions and energy- and climate-policy targets are represented in scenarios. The methodological basis for the scenario calculations is the bottom-up energy system model IKARUS. The energy economics results comprise energy and CO2 balances, capacity development, and the costs of CO2 reduction strategies. From this, the system value of CCS and the contribution of all sectors to it are derived.
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Notes
- 1.
With regard to the use of nuclear energy, this aspect does not come into play. Both scenarios assume that nuclear energy will be phased out and that no nuclear power stations will produce electricity from 2023 onwards. On the other hand, CCS power plants will effectively only be available from 2020. See Sect. 10.3.
- 2.
For reasons of space, it is not possible to discuss the individual measures and the resulting additional costs or cost reductions here.
- 3.
For more information on modelling discounting and selecting discount rates, see the extensive discussions in the specialist literature (Cairns 2006; Dasgupta 1982; Hellweg et al. 2003; Kenley and Armsteasd 2004; Newel and Pizer 2004; Rabl 1996), which comprise the economic, engineering, and scientific perspectives.
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Martinsen, D., Heinrichs, H., Markewitz, P., Kuckshinrichs, W. (2015). The System Value of CCS Technologies in the Context of CO2 Mitigation Scenarios for Germany. In: Kuckshinrichs, W., Hake, JF. (eds) Carbon Capture, Storage and Use. Springer, Cham. https://doi.org/10.1007/978-3-319-11943-4_10
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