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DOI10.1016/j.enpol.2022.113167
Great power, great responsibility: Assessing power sector policy for the UK's net zero target
Ball-Burack, Ari; Salas, Pablo; Mercure, Jean-Francois
发表日期2022
ISSN0301-4215
EISSN1873-6777
卷号168页码:12
英文摘要UK power sector decarbonisation is an important step toward achieving the country's 2050 net zero target. Two uncertainties are particularly relevant to this effort: future electricity demand and biomass availability, the latter due to the potential for negative emissions in the power sector from biomass energy with carbon capture and storage. Using the dynamic simulation model FTT:Power, this work explores the impacts of different power sector policy portfolios on emissions, electricity prices, and government spending under these uncertainties. It finds that deep decarbonisation of the UK power sector is possible, including substantial negative emissions, but that this will require ambitious and diversified policy. Carbon pricing is found to be the single most important decarbonisation policy instrument. Direct regulatory phase-out of unabated fossil fuel power generation is similarly crucial for power sector decarbonisation, and for building resilience to biomass availability uncertainty. That said, under all policy portfolios biomass availability plays a key role in enabling net negative emissions in the power sector. This suggests the importance of securing and improving UK biomass supply, and of decarbonisation outside the power sector to reduce the need for negative emissions to begin with.
英文关键词Climate policy; Emissions reductions pathways; Energy systems modelling; Negative emissions; Net zero
学科领域Economics; Energy & Fuels; Environmental Sciences; Environmental Studies
语种英语
WOS研究方向Business & Economics ; Energy & Fuels ; Environmental Sciences & Ecology
WOS记录号WOS:000863251500014
来源期刊ENERGY POLICY
文献类型期刊论文
条目标识符http://gcip.llas.ac.cn/handle/2XKMVOVA/272369
作者单位University of Cambridge; University of Cambridge; The World Bank; University of Exeter
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GB/T 7714
Ball-Burack, Ari,Salas, Pablo,Mercure, Jean-Francois. Great power, great responsibility: Assessing power sector policy for the UK's net zero target[J],2022,168:12.
APA Ball-Burack, Ari,Salas, Pablo,&Mercure, Jean-Francois.(2022).Great power, great responsibility: Assessing power sector policy for the UK's net zero target.ENERGY POLICY,168,12.
MLA Ball-Burack, Ari,et al."Great power, great responsibility: Assessing power sector policy for the UK's net zero target".ENERGY POLICY 168(2022):12.
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