Value of Flexible CCS in the Future Energy System

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keygen avs audio editor 7.1.5.479 Carbon Capture and Storage power plants (CCS) have a value which distinguishes them from other electricity generation technologies: they are low-carbon and flexible. We understand flexibility from an operational and a system operator’s point of view where in the latter case flexibility is the ability to provide a certain grid service in spite of how the plant operator achieves this action. This second perspective implies how the value of a technology depends on the existing mix of generation technologies that the system operator manages to meet the electricity demand. Identifying the role of technologies, in particular CCS, and how their value to the system changes from a First-of-a-kind (FOAK) to an Nth-of-a-kind (NOAK) plant is one of the key challenges in this study. clara 1

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