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Energy Systems and Technologies for the Coming Century ...

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of planetary warming is likely not possible without substantial GHG emissionsreductions from non-Annex I countries, particularly China (Clarke et al. 2009).This paper examines <strong>the</strong> role of China in global mitigation ef<strong>for</strong>ts, <strong>and</strong> focuses onbiomass, carbon capture <strong>and</strong> storage (CCS), <strong>and</strong> bioenergy CCS (BECCS). BECCS has<strong>the</strong> potential to yield net-negative emissions, yet biomass resources are a limiting factorin <strong>the</strong> amount this option can be deployed. For <strong>the</strong> purpose of analyzing China’s role inglobal mitigation ef<strong>for</strong>ts, this paper employs a global energy system optimization model(TIAM) with various estimates <strong>for</strong> future biomass potential <strong>and</strong> carbon dioxide (CO 2 )storage capacity in China. The model is used to simulate <strong>the</strong> economically optimalinvestment path <strong>for</strong> <strong>the</strong> global energy system such that atmospheric concentrations ofGHGs are stabilized at a point where <strong>the</strong> increase in global mean temperature remainsbelow or close to 2°C. Different scenarios will be investigated testing differentassumptions <strong>for</strong> biomass potential, available storage volume <strong>for</strong> CO 2 , <strong>and</strong> efficiency <strong>and</strong>costs of CCS technology.2. Methodology2.1 The TIAM modelThe TIMES Integrated Assessment Model (TIAM) is a detailed, technology-rich globalTIMES 1 model. The structure <strong>and</strong> data come from <strong>the</strong> MARKAL-based SAGE modeldeveloped by <strong>the</strong> <strong>Energy</strong> In<strong>for</strong>mation Administration of <strong>the</strong> US Department of <strong>Energy</strong>.Detailed in<strong>for</strong>mation about <strong>the</strong> development of TIAM, its structure, existing databases<strong>and</strong> application can be found in Loulou <strong>and</strong> Labriet (2008), Loulou (2008), <strong>and</strong> Loulouet al. (2009).TIAM is a partial equilibrium model, where equilibrium on energy markets is found viaminimization of total discounted cost, or equivalently maximization of total surplus (sumof consumer <strong>and</strong> producer surplus), using linear programming. It is a model of <strong>the</strong> entireglobal energy system, i.e. from primary resource extraction to end-use. Fuel prices areendogenous. TIAM has a climate module with climate equations calculating GHGconcentration levels in <strong>the</strong> atmosphere <strong>and</strong> oceans, consequential change in radiative<strong>for</strong>cing, <strong>and</strong> change in global mean temperature. Thus, <strong>the</strong> model <strong>and</strong> hence <strong>the</strong> energysystem can be optimized <strong>for</strong> various climate targets. Given such a target, <strong>the</strong> model willfind a solution where marginal costs of reducing GHG emissions are equal across all of<strong>the</strong> constrained regions. The TIAM version used <strong>for</strong> this paper is global, with 16 regions(including, China) <strong>and</strong> <strong>the</strong> time horizon is 2100.2.2 Climate scenariosIn a hypo<strong>the</strong>tical climate policy scenario, we assume that <strong>the</strong> world society has agreed onpreventing <strong>the</strong> increase in global mean temperature from exceeding 2°C. This is reflectedin <strong>the</strong> integrated assessment model by following <strong>the</strong> GHG emission trajectory fromIntergovernmental Panel on Climate Change (IPCC) RCP3-PD emission scenario. RCPsare Representative Concentration Pathways, scenarios developed <strong>for</strong> <strong>the</strong> IPCC FifthAssessment Report (AR5) (Van Vuuren et al., 2007). In <strong>the</strong> RCP3-PD scenario <strong>the</strong> CO 2concentration peaks just after 2050 <strong>and</strong> decreases <strong>the</strong>n to 421 ppm in <strong>the</strong> year 2100. Only<strong>the</strong> CO 2 pathway is included in <strong>the</strong> following analysis since <strong>the</strong> majority of CH 4 <strong>and</strong> N 2 Oemissions reductions are h<strong>and</strong>led exogenously in TIAM. The reference scenarios haveexogenously defined economic growth rates <strong>for</strong> <strong>the</strong> various regions in TIAM <strong>and</strong> includeno climate constraint.1 TIMES refers to both a model generator <strong>and</strong> a family of models. Fur<strong>the</strong>r in<strong>for</strong>mation is available athttp://www.etsap.org/tools/TIMES.htm.2Risø International <strong>Energy</strong> Conference 2011 Proceedings Page 259

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