The role of capital costs in decarbonizing the electricity sector
Low-carbon electricity generation, i.e. renewable energy, nuclear power and carbon capture and storage, is more capital intensive than electricity generation through carbon emitting fossil fuel power stations. High capital costs, expressed as high weighted average cost of capital (WACC), thus tend t...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
IOP Publishing
2016-01-01
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Series: | Environmental Research Letters |
Subjects: | |
Online Access: | https://doi.org/10.1088/1748-9326/11/11/114010 |