Evaluating R&D Options Under Uncertainty Volume 1:Pulverized Coal Development Strategies

摘要

A quantitative framework was developed for examining the appropriate emphasis for research funding aimed at improving electrical power generation technologies. The methodology explicitly considers the multiple objectives of research, the uncertainty in research outcomes, and the market use of an improved technology in the context of other competitive power generation technologies.nThe methodology was applied in EPRI's Coal Combustion Systems (CCS) Division to the current pulverized coal technology. The application addressed the relative advantages and overall benefits of incremental funding in three general research areas:capital cost, reliability, and performance.