From Expert Elicitations to Integrated Assessment: Future Prospects of Carbon Capture Technologies

This paper analyzes the future prospects of carbon capture technologies. The first part of the analysis presents and discusses the results of an expert elicitation survey on a broad range of carbon capture options. The survey collected probabilistic estimates on the future values of energy penalty under three different scenarios of R&D investments and climate policies from twelve leading European experts from both academia and industry. In the second part of the analysis, the elicitation results are used as input to an integrated assessment model. This allows us to evaluate the potentials of success of this technology within a broad mitigation portfolio of options and under different policy assumptions, in an intertemporal optimizing setting. Both parts of the work provide results that are of interest to policy-makers, integrated-assessment and energy modelers.


Issue Date:
2014-04
Publication Type:
Working or Discussion Paper
PURL Identifier:
http://purl.umn.edu/172451
Total Pages:
27
JEL Codes:
Q5; Q55
Series Statement:
CCSD
44.2014




 Record created 2017-04-01, last modified 2018-01-06

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