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Thermal Power with CCS - A framework for assessing the value for money of electricity technologies


Citation Frontier Economics Thermal Power with CCS - A framework for assessing the value for money of electricity technologies, ETI, 2018. https://doi.org/10.5286/UKERC.EDC.000894.
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Author(s) Frontier Economics
Project partner(s) Frontier Economics
Publisher ETI
DOI https://doi.org/10.5286/UKERC.EDC.000894
Download AdHoc_CCS_CC1025_12.pdf document type
Abstract The ETI commissioned Frontier Economics to develop a robust framework for comparing the costs and benefits of electricity generation, storage and interconnection investments in Great Britain (GB), and to produce transparent decision support tools that facilitate balanced and evidence-based value for money assessments. This project report develops and applies a framework for assessing value for money that can be applied by policy makers and other interested parties. The framework is designed to assess potential investment decisions in 2025 within the context of GB electricity system transition to meet carbon budgets. The project report sits alongside two transparent Excel-based tools, which can be used to apply the framework. The principles of the framework are capable of being adapted by any user, adopting their own underlying assumptions about technology costs or baseline system.
Associated Project(s) ETI-CC1025: Thermal Power with CCS
Associated Dataset(s)

Thermal Power with CCS - OPEX Spreadsheet - NE England

Thermal Power with CCS - CAPEX Spreadsheet - Teeside

Thermal Power with CCS - Frontier Investment Support Cost Tool

Thermal Power with CCS - Frontier Whole Electricity System Cost Tool

Associated Publication(s)

Abated Gas Power - The Critical Contribution of CCS to the Future Power System

An ETI Perspective - An argument for CCS in the UK

Is CCS dead and if not how do we resuscitate it?

Thermal Power with CCS - Classification of Cost Estimate in Context of Global CCS White Paper “Toward a Common Method of Cost Estimation for CO2 Capture and Storage at Fossil Fuel Power Plants”

Thermal Power with CCS - D4.1 Plant Performance and Capital Cost Estimating

Thermal Power with CCS - D5.1 Plant Operating Cost Modelling

Thermal Power with CCS - Design Optimisations Technical Note

Thermal Power with CCS - Final Project Report

Thermal Power with CCS - Request for Proposals Thermal Power with CCS

Thermal Power with CCS - Technical Note: District Heat Networks

Thermal Power with CCS - Template Plant Specification