Impact of carbon dioxide removal technologies on deep decarbonization: EMF37 MARKAL–NETL modeling results
Here this paper examines the MARKAL-NETL modeling results for the Energy Modeling Forum Study on Deep Decarbonization & High Electrification Scenarios for North America (EMF 37) with specific focus on carbon dioxide removal (CDR) technologies and opportunities under different scenarios guidelines, policies, and technological advancements. The results demonstrate that CDR, such as, bioenergy with carbon capture and storage (BECCS), direct air capture (DAC) and afforestation are key negative emission technologies in deep decarbonization scenarios in the U.S. are accounted for about 70% of annually avoided carbon dioxide emissions (CO 2 ) by 2050, or more than 2 billion tons of CO 2 (GtCO 2 ). The potential scale of CDR and its impact on the energy system depends on energy supply and demand technologies advancement and their costs, the level of end-use sectors electrification, availability and costs of CDR. Results show that the carbon prices are substantially lower if the advanced technologies available, particularly, in carbon management scenarios.