- CO2 Capture and Storage: Recommendations for transitional measures to drive deployment in Europe2013
In order to identify how low-carbon technologies can decarbonise European power most cost-effectively in the horizon to 2050, the Zero Emissions Platform (ZEP) has developed a model based on an existing model from the Norwegian University of Science and Technology (NTNU) and linked to the Global Change Assessment Model (GCAM).
ZEP’s model is designed to select the lowest-cost investments to meet expected electricity demand, while replacing plants that exceed a defined lifetime – country by country. It is unique in that it not only takes into account optimised operating costs hour-by-hour, but a dispatch model of renewable power2 based on capacity factors and historic weather data.
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