Managed Phaseout of Fossil Fuels Power Generation Facilities by Repurposing and Retrofitting for a Low-Carbon Future
The Power sector contributes to over 42% of the global carbon dioxide emissions. A realistic, smooth, and affordable transition plan for the decarbonization of this sector is needed for a reliable and resilient low carbon energy future. However, phase-out of traditional fossil fuel resources requires due consideration and planning to avoid significant negative impact on the reliability and resilience of the power systems. The large-scale renewable development and systems to provide dispatchability takes years and is reliant on robust transmission and distribution infrastructure. Thus, to manage the phaseout of fossil fuels including in existing fossil fuel power plants, the re-purposing and/or retrofitting of existing fossil fuel generation facilities can promote the smooth and managed energy transition and create benefits for all stakeholders.
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