Article - July 29, 2021
The Paris Agreement has set out ambitious climate goals aiming to keep global warming well-below 2 °C by 2100. This requires a large-scale transformation of the global energy system based on the uptake of several technological options to drastically reduce emissions, including the expansion of renewable energy, energy efficiency improvements, and fuel switch towards low-carbon energy carriers. Using the state-of-the-art PROMETHEUS global energy demand and supply system model, the study explores the role and impacts of Carbon Capture and Storage (CCS) as a mitigation option, which provides a dispatchable source for carbon-free production of electricity and can also be used to decarbonise industrial processes.
Read the full study here.