Response from a MARKAL technology model to the EMF scenario assumptions [An article from: Energy Economics]

This digital document is a journal article from Energy Economics, published by Elsevier in 2004. The article is delivered in HTML format and is available in your Amazon.com Media Library immediately after purchase. You can view it with any web browser.

Description:
This paper describes the modelling effort and analysis undertaken at ECN Policy Studies in the EMF-19 framework by using the Western European MARKAL model. The model structure and the advanced economic feed back formulation used is briefly described. Scenarios introducing carbon emissions reduction targets (by concentration level or by carbon taxes) lead to changes in energy mix, in technology deployment and in electricity production compared to a reference case. The impact and importance of carbon capture and storage as it appears as part of the solution to achieve the emission targets is analysed.