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Assessment of comprehensive benefits of CCUS technology under differentcoal power retirement paths

2024 No. 10
283
121
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Authors:
HOU Huiyun
YANG Lin
Unit:
School of Economics and Management,Inner Mongolia University
Inner Mongolia Institute of Energy andCarbon Neutrality Strategy
Abstract:

Carbon Capture,Utilization,and Storage (CCUS) technologies are crucial for the decarbonization of the power sector,yetthe comprehensive benefits of CCUS under varying rates of coal power decommissioning remain unclear. This study employed the GlobalChange Assessment Model (GCAM) to integrate coal retirement rates within three Shared Socioeconomic Pathways - RepresentativeConcentration Pathways (SSPs-RCPs) scenarios:SSP1-2.6 (accelerated coal phase-out),SSP2-4.5 (gradual coal phase-out),andSSP5-6.0 (slow coal phase-out). It dynamically quantified the varying impacts of CCUS technology on the power sector's transition tolow carbon using a technology learning curve model. The results indicated that by 2060,all three scenarios would still emit (500-650)million tonnes of carbon, necessitating the early deployment of Direct Air Capture (DAC) carbon-negative technologies.Economically,SSP1-2.6 proved to be the most costly,being 13.54% and 6.31% higher than SSP2-4.5 and SSP5-6.0,respectively. Overall,by2060, CCUS under these scenarios was projected to alleviate water resource pressures by (2.179-3.824)billion tonnes, reduce CO2emissions by (685-925)million tonnes, bridge employment gaps caused by coal retirement ranging from 43.74 thousand to 191.33thousand jobs,but it also increased energy consumption by 6.39% to 11.75%.

Keywords:
power transition
CCUS
water-energy-carbon-economy-society
coal power retirement paths
benefit assessment
Citation format:
侯荟芸(1999—),女,河南焦作人,博士研究生。E-mail:hhyyeah0829@126.com
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Citation format:
HOU Huiyun, YANG Lin. Assessment of comprehensive benefits of CCUS technology under different coal power retirement paths[J].Clean Coal Technology,2024,30(10):148−159.

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