Pricing contracts under uncertainty in a carbon capture and storage framework
MetadataShow full item record
Carbon capture and storage (CCS) has been demonstrated as a viable option for reducing carbon emissions to the atmosphere. We consider a situation where a tax on emissions is imposed on carbon dioxide (CO2) producers to encourage their participation in CCS. Operators of CO2 transportation pipelines and storage sites enter into individual contracts with emissions producers to store CO2. We study the problem of selecting the optimal price andvolume of these contracts under both cost and emissions uncertainty to optimize the storage operator's expected profit.
The article of record may be found at http://dx.doi.org/10.1016/j.eneco.2014.02.003
RightsThis publication is a work of the U.S. Government as defined in Title 17, United States Code, Section 101. Copyright protection is not available for this work in the United States.
Showing items related by title, author, creator and subject.
Optimal carbon capture and storage contracts using historical CO2 emissions levels Singham, Dashi I..; Cai, Wenbo; White, Joshua A. (Springer, 2015);In an effort to reduce carbon dioxide (CO2) emissions to the atmosphere, carbon capture and storage (CCS) technology has been developed to collect CO2 from emissions generators and store it underground. Recent proposed ...
Carbon Nanotube Nanostructured Hybrid Materials Systems for Renewable Energy Applications Marquis, Fernand D.S. (2011-01);Global energy demand is growing at an alarming and unsustainable rate, drawing mainly on the use of fossil fuels. These reserves are decreasing rapidly and becoming increasingly expensive. The associated emissions ...
The Growing Conflicts in the Global Energy Enterprise [video] Knotek, Michael (Naval Postgraduate School, Monterey, California, 2019-02-01);The global energy enterprise has 3 largely conflicting primary drivers: Prosperity and Economic Growth: 6 billion of the earth’s 7.5 billion inhabitants are resolutely climbing the ladder of economic prosperity, with ...