The Economics of Transition in the Power Sector

This is an extract, full report available as PDF download

The power sector carries a considerably great burden of the CO2 emission reductions required to address climate change, a feature common to many scenarios of emissions abatement. These reductions will only be possible if existing plants are replaced with more efficient and less-emitting types of plants over the coming decades. This report identifies the investments needed in the power sector, and their related risk factors.