Abstract

Methods of electricity generation comprise many different forms with many different benefits and drawbacks. Decisions related to selecting between and how to implement energy production projects can be very complex with significant uncertainty. Carbon Capture and Storage (CCS) is one such method. As these options are uncertain and have such varied benefits and drawbacks, they necessitate effective decision analyses. Traditional methods of decision analysis cannot adequately assess these decisions. This chapter outlines a framework to combine decision analysis methods into a comprehensive analysis that is both user friendly and thorough. A sample case study is used to demonstrate the methodology and its relevance to complex decisions such as CCS and other energy production projects.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.