No. 2018-02 - The Impact of Negative Emissions Technologies and Natural Climate Solutions on Power-Sector Asset Stranding

Date: 19 January 2018

The generation capacity of existing and currently planned power generators goes beyond the limits of a 2°C carbon budget. Some assets will have to be stranded unless carbon is sequestrated with retrofit CCS or the carbon budget is expanded by the large-scale deployment of negative emissions technologies (NETs), potentially including land-based approaches referred to as “natural climate solutions”. In this paper, we show that NETs could reduce stranding by 26% to 46% over the course of the century, depending on the pursued climate goal. The bulk of the additional carbon budget is likely to go to efficient gas generators; the stranding of coal-fired power plants occurs irrespective of the availability of NETs.

Alexander Pfeiffer François Cohen

Economics of Sustainability

Economics of Sustainability

No. 2018-02 - The Impact of Negative Emissions Technologies and Natural Climate Solutions on Power-Sector Asset Stranding


Type: inet-working-paper

Cohen, F. & Pfeiffer, A. (2018). 'The Impact of Negative Emissions Technologies and Natural Climate Solutions on Power-Sector Asset Stranding'. INET Oxford Working Paper No. 2018-02.


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