Table 3
Bioenergy with carbon capture.
Issue | Interdependencies/antagonisms | Stakeholders | Suboptimal market equilibrium | Policy recommendations in the literature | Sources |
---|---|---|---|---|---|
1. Conversion to bioenergy (in the case of power plants) | BECCS plants may substitute other energy options. BECCS plants need to be integrated into the electrical grid in the case of power plants. |
|
Investment in bioenergy might lead to more emissions in the long run through the substitution of low-carbon renewable energy options | NA | [8] |
If BECCS power plants are operated at higher load factors to increase negative emissions production, the differential cost between BECCS and alternative power options needs to be covered | Direct government intervention | [11, 80, 88–90] | |||
2. Cost reduction | BECCS plants can build symbiotic relations with other technologies |
|
NA |
|
[4, 50, 51, 55] |
Learning curve and economies of scale on bioenergy combined with carbon capture |
|
Free riding | NA | [18, 80] |
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