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Analysis of Technological Portfolios for CO2 stabilizations and Effects of Technological Changes

Author

Listed:
  • Fuminori Sano

    (Research Institute of Innovative Technology for the Earth)

  • Keigo Akimoto

    (Research Institute of Innovative Technology for the Earth)

  • Takashi Homma

    (Research Institute of Innovative Technology for the Earth)

  • Toshimasa Tomoda

    (Research Institute of Innovative Technology for the Earth)

Abstract

In this study, cost-effective technological options to stabilize CO2 concentrations at 550, 500, and 450 ppmv are evaluated using a world energy systems model of linear programming with a high regional resolution. This model treats technological change endogenously for wind power, photovoltaics, and fuel-cell vehicles, which are technologies of mass production and are considered to follow the “learning by doing” process. Technological changes induced by climate policies are evaluated by maintaining the technological changes at the levels of the base case wherein there is no climate policy. The results achieved through model analyses include 1) cost-effective technological portfolios, including carbon capture and storage, marginal CO2 reduction costs, and increases in energy system cost for three levels of stabilization and 2) the effect of the induced technological change on the above mentioned factors. A sensitivity analysis is conducted with respect to the learning rate.

Suggested Citation

  • Fuminori Sano & Keigo Akimoto & Takashi Homma & Toshimasa Tomoda, 2005. "Analysis of Technological Portfolios for CO2 stabilizations and Effects of Technological Changes," Working Papers 2005.124, Fondazione Eni Enrico Mattei.
  • Handle: RePEc:fem:femwpa:2005.124
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    File URL: http://www.feem.it/userfiles/attach/Publication/NDL2005/NDL2005-124.pdf
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    Cited by:

    1. Wei, Yi-Ming & Mi, Zhi-Fu & Huang, Zhimin, 2015. "Climate policy modeling: An online SCI-E and SSCI based literature review," Omega, Elsevier, vol. 57(PA), pages 70-84.

    More about this item

    Keywords

    Energy systems model; Global warming; Technological portfolios; Technological changes;

    JEL classification:

    • C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply; Prices
    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources

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