The role of CCS and renewables in tackling climate change

Tiina Koljonen (Corresponding Author), Martti Flyktman, Antti Lehtilä, Katri Pahkala, Esa Peltola, Ilkka Savolainen

Research output: Contribution to journalArticleScientificpeer-review

23 Citations (Scopus)

Abstract

The need for global and regional clean energy technology investments by 2050 are evaluated in climate policy scenarios with the bottom-up global ESAP TIAM energy system model. The impacts of the assumed regional CO2 storage potentials as well as bioenergy and wind power potentials on investments are also investigated by sensitivity analysis. The results of the study indicate that the demand of both wind and bio energy as well as the utilization of CCS will strongly grow under strict climate policy scenarios. This can be seen both in terms of electrical capacity and annual capital costs. Although the falling fossil base electrical capacity will be relatively large until the mid of the century, its monetary value in term on annual capacity costs will be relatively low.
Original languageEnglish
Pages (from-to)4323-4330
Number of pages8
JournalEnergy Procedia
Volume1
Issue number1
DOIs
Publication statusPublished - 2009
MoE publication typeA1 Journal article-refereed

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Climate change
Wind power
Sensitivity analysis
Costs

Keywords

  • Climate change
  • Energy scenarios
  • Clean energy technologies
  • CCS
  • Renewables
  • Modelling

Cite this

Koljonen, Tiina ; Flyktman, Martti ; Lehtilä, Antti ; Pahkala, Katri ; Peltola, Esa ; Savolainen, Ilkka. / The role of CCS and renewables in tackling climate change. In: Energy Procedia. 2009 ; Vol. 1, No. 1. pp. 4323-4330.
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Koljonen, T, Flyktman, M, Lehtilä, A, Pahkala, K, Peltola, E & Savolainen, I 2009, 'The role of CCS and renewables in tackling climate change', Energy Procedia, vol. 1, no. 1, pp. 4323-4330. https://doi.org/10.1016/j.egypro.2009.02.245

The role of CCS and renewables in tackling climate change. / Koljonen, Tiina (Corresponding Author); Flyktman, Martti; Lehtilä, Antti; Pahkala, Katri; Peltola, Esa; Savolainen, Ilkka.

In: Energy Procedia, Vol. 1, No. 1, 2009, p. 4323-4330.

Research output: Contribution to journalArticleScientificpeer-review

TY - JOUR

T1 - The role of CCS and renewables in tackling climate change

AU - Koljonen, Tiina

AU - Flyktman, Martti

AU - Lehtilä, Antti

AU - Pahkala, Katri

AU - Peltola, Esa

AU - Savolainen, Ilkka

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AB - The need for global and regional clean energy technology investments by 2050 are evaluated in climate policy scenarios with the bottom-up global ESAP TIAM energy system model. The impacts of the assumed regional CO2 storage potentials as well as bioenergy and wind power potentials on investments are also investigated by sensitivity analysis. The results of the study indicate that the demand of both wind and bio energy as well as the utilization of CCS will strongly grow under strict climate policy scenarios. This can be seen both in terms of electrical capacity and annual capital costs. Although the falling fossil base electrical capacity will be relatively large until the mid of the century, its monetary value in term on annual capacity costs will be relatively low.

KW - Climate change

KW - Energy scenarios

KW - Clean energy technologies

KW - CCS

KW - Renewables

KW - Modelling

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