How CO<sub>2</sub>-to-Diesel Technology Could Help Reach Net-Zero Emissions Targets: A Canadian Case Study
Carbon capture, utilization, and storage (CCUS) is an attractive technology for the decarbonization of global energy systems. However, its early development stage makes impact assessment difficult. Moreover, rising popularity in carbon pricing necessitates the development of a methodology for derivi...
| Main Authors: | , , , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
MDPI AG
2021-10-01
|
| Series: | Energies |
| Subjects: | |
| Online Access: | https://www.mdpi.com/1996-1073/14/21/6957 |
| _version_ | 1797512663483285504 |
|---|---|
| author | Andrew William Ruttinger Miyuru Kannangara Jalil Shadbahr Phil De Luna Farid Bensebaa |
| author_facet | Andrew William Ruttinger Miyuru Kannangara Jalil Shadbahr Phil De Luna Farid Bensebaa |
| author_sort | Andrew William Ruttinger |
| collection | DOAJ |
| description | Carbon capture, utilization, and storage (CCUS) is an attractive technology for the decarbonization of global energy systems. However, its early development stage makes impact assessment difficult. Moreover, rising popularity in carbon pricing necessitates the development of a methodology for deriving carbon abatement costs that are harmonized with the price of carbon. We develop, using a combined bottom-up analysis and top-down learning curve approach, a levelized cost of carbon abatement (LCCA) model for assessing the true cost of emissions mitigation in CCUS technology under carbon pricing mechanisms. We demonstrate our methodology by adapting three policy scenarios in Canada to explore how the implementation of CO<sub>2</sub>-to-diesel technologies could economically decarbonize Canada’s transportation sector. With continued policy development, Canada can avoid 932 MtCO<sub>2</sub>eq by 2075 at an LCCA of CA$209/tCO<sub>2</sub>eq. Technological learning, low emission hydroelectricity generation, and cost-effective electricity prices make Quebec and Manitoba uniquely positioned to support CO<sub>2</sub>-to-diesel technology. The additional policy supports beyond 2030, including an escalating carbon price, CO<sub>2</sub>-derived fuel blending requirements, or investment in low-cost renewable electricity, which can accelerate market diffusion of CO<sub>2</sub>-to-diesel technology in Canada. This methodology is applicable to different jurisdictions and disruptive technologies, providing ample foci for future work to leverage this combined technology learning + LCCA approach. |
| first_indexed | 2024-03-10T06:03:55Z |
| format | Article |
| id | doaj.art-a696739080394015acc629e36cbae4ca |
| institution | Directory Open Access Journal |
| issn | 1996-1073 |
| language | English |
| last_indexed | 2024-03-10T06:03:55Z |
| publishDate | 2021-10-01 |
| publisher | MDPI AG |
| record_format | Article |
| series | Energies |
| spelling | doaj.art-a696739080394015acc629e36cbae4ca2023-11-22T20:41:27ZengMDPI AGEnergies1996-10732021-10-011421695710.3390/en14216957How CO<sub>2</sub>-to-Diesel Technology Could Help Reach Net-Zero Emissions Targets: A Canadian Case StudyAndrew William Ruttinger0Miyuru Kannangara1Jalil Shadbahr2Phil De Luna3Farid Bensebaa4National Research Council Canada, Ottawa, ON K1A 0R6, CanadaNational Research Council Canada, Ottawa, ON K1A 0R6, CanadaNational Research Council Canada, Ottawa, ON K1A 0R6, CanadaNational Research Council Canada, Ottawa, ON K1A 0R6, CanadaNational Research Council Canada, Ottawa, ON K1A 0R6, CanadaCarbon capture, utilization, and storage (CCUS) is an attractive technology for the decarbonization of global energy systems. However, its early development stage makes impact assessment difficult. Moreover, rising popularity in carbon pricing necessitates the development of a methodology for deriving carbon abatement costs that are harmonized with the price of carbon. We develop, using a combined bottom-up analysis and top-down learning curve approach, a levelized cost of carbon abatement (LCCA) model for assessing the true cost of emissions mitigation in CCUS technology under carbon pricing mechanisms. We demonstrate our methodology by adapting three policy scenarios in Canada to explore how the implementation of CO<sub>2</sub>-to-diesel technologies could economically decarbonize Canada’s transportation sector. With continued policy development, Canada can avoid 932 MtCO<sub>2</sub>eq by 2075 at an LCCA of CA$209/tCO<sub>2</sub>eq. Technological learning, low emission hydroelectricity generation, and cost-effective electricity prices make Quebec and Manitoba uniquely positioned to support CO<sub>2</sub>-to-diesel technology. The additional policy supports beyond 2030, including an escalating carbon price, CO<sub>2</sub>-derived fuel blending requirements, or investment in low-cost renewable electricity, which can accelerate market diffusion of CO<sub>2</sub>-to-diesel technology in Canada. This methodology is applicable to different jurisdictions and disruptive technologies, providing ample foci for future work to leverage this combined technology learning + LCCA approach.https://www.mdpi.com/1996-1073/14/21/6957carbon captureutilization and storagetechnology learning curveslevelized cost of carbon abatementCO<sub>2</sub>-to-dieselemissions mitigation |
| spellingShingle | Andrew William Ruttinger Miyuru Kannangara Jalil Shadbahr Phil De Luna Farid Bensebaa How CO<sub>2</sub>-to-Diesel Technology Could Help Reach Net-Zero Emissions Targets: A Canadian Case Study Energies carbon capture utilization and storage technology learning curves levelized cost of carbon abatement CO<sub>2</sub>-to-diesel emissions mitigation |
| title | How CO<sub>2</sub>-to-Diesel Technology Could Help Reach Net-Zero Emissions Targets: A Canadian Case Study |
| title_full | How CO<sub>2</sub>-to-Diesel Technology Could Help Reach Net-Zero Emissions Targets: A Canadian Case Study |
| title_fullStr | How CO<sub>2</sub>-to-Diesel Technology Could Help Reach Net-Zero Emissions Targets: A Canadian Case Study |
| title_full_unstemmed | How CO<sub>2</sub>-to-Diesel Technology Could Help Reach Net-Zero Emissions Targets: A Canadian Case Study |
| title_short | How CO<sub>2</sub>-to-Diesel Technology Could Help Reach Net-Zero Emissions Targets: A Canadian Case Study |
| title_sort | how co sub 2 sub to diesel technology could help reach net zero emissions targets a canadian case study |
| topic | carbon capture utilization and storage technology learning curves levelized cost of carbon abatement CO<sub>2</sub>-to-diesel emissions mitigation |
| url | https://www.mdpi.com/1996-1073/14/21/6957 |
| work_keys_str_mv | AT andrewwilliamruttinger howcosub2subtodieseltechnologycouldhelpreachnetzeroemissionstargetsacanadiancasestudy AT miyurukannangara howcosub2subtodieseltechnologycouldhelpreachnetzeroemissionstargetsacanadiancasestudy AT jalilshadbahr howcosub2subtodieseltechnologycouldhelpreachnetzeroemissionstargetsacanadiancasestudy AT phildeluna howcosub2subtodieseltechnologycouldhelpreachnetzeroemissionstargetsacanadiancasestudy AT faridbensebaa howcosub2subtodieseltechnologycouldhelpreachnetzeroemissionstargetsacanadiancasestudy |