Prospective Outlook on Long-term Energy Systems by a merit order that is based on marginal costs of operation, maintenance and annualized capital costs. Expected power demand over the year influences investment decisions for new capacity planning in the next step. The model includes accounting of greenhouse gas (GHG) emissions and allows visualising GHG flows on sectoral, regional and global levels. POLES covers fuel combustion-related emissions in all demand sectors, thus covering over half of global GHG emissions. The six Kyoto Protocol GHGs are covered (carbon dioxide, methane, nitrous oxide, sulphur hexafluoride, hydrofluorocarbons and perfluorocarbons). The model can be used to test the sensibility of the energy
Electrochemical reduction of carbon dioxide Electrochemical reduction of carbon dioxide The electrochemical reduction of carbon dioxide (ERC) is the conversion of carbon dioxide to more reduced chemical species using electrical energy. The first examples of electrochemical reduction of carbon dioxide are from the 19th century, when carbon dioxide was reduced to carbon monoxide using a zinc cathode. Research in this field intensified in the 1980s following the oil embargoes of the 1970s. Electrochemical reduction of carbon dioxide represents a possible means of producing chemicals or fuels, converting carbon dioxide () to organic feedstocks such as formic acid (HCOOH), methanol (CHOH), ethylene (CH), methane (CH), and