Downloads / Markal

An innovative model-based approach to CO2 marginal abatement cost

Mr Fabian Kesicki, UCL Energy Institute Policy makers in the UK as in many countries around the world are confronted with the task of how to reduce carbon emissions in a cost-efficient way. For this purpose, marginal abatement cost (MAC) curves have been frequently used to illustrate the economics of climate change mitigation and have contributed to decision making in the context of climate policy. So far decision makers have in general relied on expert-based MAC curves, which assess the abatement cost and the abatement potential of each measure individually. However, such cost curves are not able to capture behavioural, technological, economic and intertemporal interactions. In order to overcome these shortcomings, a new approach to deriving MAC curves is demonstrated, through the combination of an integrated energy system model (UK MARKAL) and index decomposition analysis. This permits one to generate a consistent carbon abatement cost curve with a high degree of technological detail together with behavioural change. Furthermore, this approach allows a structured consideration of uncertainty. To illustrate and validate this new approach a MAC curve is calculated for the Read more…

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22nd
Sep
2010

Measuring the Contribution of New and Renewable Energy R&D to Slowing Down CO2 Emissions in Taiwan with an Integrated Modelling Approach

Professor Shih-Mo Lin, Chung Yuan Christian University, Taiwan Energy and environmental issues have become increasingly important over the past decade. Concerns over the security of fossil fuel supply have accelerated the pace of exploring alternative energies among major energy-consuming countries. However, research and development (R&D) in new and renewable energy technologies inevitably engages in all the stages of life cycle of new product or technology development, meaning that uncertainty involves and tremendous investment that crowds out other expenditures might result in disappointing returns. As such, comprehensive assessment on the potential costs and benefits of a new or renewable energy technology investment project is necessary. This paper refines the new-energy data and updates the input-output data based on the most recent input-output tables for the top-down economic analysis model developed specifically for Taiwan’s energy and environmental policy analysis. The linking of the top-down model to the MARKAL energy-engineering model is also explored to take advantage of the strengths of both kinds of model. Cost and benefit analysis for the development of new and renewable energies as well as specific policy analyses Read more…

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Measuring the Contribution of New and Renewable Energy - Presentation.pdf 4.38 MBMeasuring the Contribution of New and Renewable Energy - Paper.pdf 169.67 KB
22nd
Sep
2010

BERR Energy Group’s Long Term Scenarios and analysis underpinning the 2008 Nuclear White Paper

Mr Stephen Green, BERR  The effects of today’s energy policy will be seen long into the future. BERR Energy Group Scenarios has developed scenarios to aid analysis of the robustness of policy to future changes within the framework of some plausible alternative futures.  This part of the paper will give an overview of the scenario development, the scenarios themselves and a short account of how they have been used to aid thinking about policy within the department. The second part of the paper would illustrate developments in policy on nuclear power from the 2003 Energy White Paper to the present.  The analysis for the 2008 Nuclear White Paper was underpinned by a detailed cost-benefit analysis taking into account the impact on carbon dioxide emissions and energy security of supply and comparing nuclear with fossil fuel generation. Analysis was also undertaken using the MARKAL energy model to illustrate the implications of including or excluding nuclear in the long-term electricity generation mix.  It would also explain the range of options which exist to abate emissions of carbon dioxide and how we undertake Read more…

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25th
Sep
2008

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