A new report from Columbia University’s Centre on Global Energy Policy has predicted which policy configurations would incentivise widespread deployment of carbon capture utilisation and storage (CCUS) in the US electric generation industry.
For the report, authors Dr. Julio Friedmann, Emeka Ochu, and Jeffrey Brown, examined a set of options and applied them to representative existing US power plant types – supercritical pulverised coal and natural gas combined cycle.
The authors then went on to look at two ownership/revenue structures: traditionally regulated, vertically integrated investor owned utilities and independent power producers selling to investor owned utilities under regulator-approved contracts.
In the report, the authors outline the governments options to make an energy project more economically feasible and modelled the financial performance of policy designs on various power plants based on fuel, generation technology, and ownership type.
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