Stochastic low-carbon scheduling with carbon capture power plants and coupon-based demand response

2018 ◽  
Vol 210 ◽  
pp. 1219-1228 ◽  
Author(s):  
Xue Li ◽  
Rufeng Zhang ◽  
Linquan Bai ◽  
Guoqing Li ◽  
Tao Jiang ◽  
...  
Author(s):  
Gurbakhash Bhander ◽  
Chun Wai Lee ◽  
Matthew Hakos

Abstract The growing worldwide interest in low carbon electric generation technologies has renewed interest in natural gas because it is considered a cleaner burning and more flexible alternative to other fossil fuels. Recent shale gas developments have increased natural gas production and availability while lowering cost, allowing a shift to natural gas for electricity production to be a cost-effective option. Natural gas generation in the U.S. electricity sector has grown substantially in recent years (over 31 percent in 2012, up from 17 percent in 1990), while carbon dioxide (CO2) emissions of the sector have generally declined. Natural gas-fired electrical generation offers several advantages over other fossil (e. g. coal, oil) fuel-fired generation. The combination of the lower carbon-to-hydrogen ratio in natural gas (compared to other fossil fuels) and the higher efficiency of natural gas combined cycle (NGCC) power plants (using two thermodynamic cycles) than traditional fossil-fueled electric power generation (using a single cycle) results in less CO2 emissions per unit of electricity produced. Furthermore, natural gas combustion results in considerably fewer emissions of air pollutants such as nitrogen oxides (NOx), sulfur dioxide (SO2), and particulate matter (PM). Natural gas is not the main option for deep de-carbonization. If deep reduction is prioritized, whether of the electricity sector or of the entire economy, there are four primary technologies that would be assumed to play a prominent role: energy efficiency equipment, nuclear power, renewable energy, and carbon capture and storage (CCS). However, natural gas with low carbon generation technologies can be considered a “bridge” to transition to these deep decarbonization options. This paper discusses the economics and environmental impacts, focusing on greenhouse gas (GHG) emissions, associated with alternative electricity production options using natural gas as the fuel source. We also explore pairing NGCC with carbon capture, explicitly examining the costs and emissions of amine absorption, cryogenic carbon capture, carbonate fuel cells, and oxy-combustion.


2021 ◽  
Vol 237 ◽  
pp. 02021
Author(s):  
Jingqi Jin ◽  
Feng Xue ◽  
Bin Cai ◽  
Xinxin Yang ◽  
Yening Lai ◽  
...  

Carbon Capture, Utilization and Storage (CCUS) is one of the key technologies for realizing large-scale low-carbon utilization of coal-fired power plants in service. How to evaluate its economics is crucial to the decision-making of traditional coal-fired power enterprises. This paper analyzes the changes in the physical, emission and economic parameters of in-service coal-fired power plants without and with the CCUS retrofit. A method for evaluating the economic feasibility of coal-fired power plants retrofitting based on net cash flow is proposed, which compares the impact of CCUS retrofit on the net present value of the remaining life cycle of the power plant. The impact of uncertain parameters such as carbon dioxide sales unit price, carbon capture device operating cost, free carbon quota, and carbon emission right price on the evaluation results are analyzed.


2018 ◽  
Vol 81 ◽  
pp. 3101-3110 ◽  
Author(s):  
Abdirahman M. Abdilahi ◽  
Mohd Wazir Mustafa ◽  
Saleh Y. Abujarad ◽  
Mamunu Mustapha

Energies ◽  
2020 ◽  
Vol 14 (1) ◽  
pp. 120
Author(s):  
Staffan Qvist ◽  
Paweł Gładysz ◽  
Łukasz Bartela ◽  
Anna Sowiżdżał

Out of 2 TWe of coal power plant capacity in operation globally today, more than half is less than 14 years old. Climate policy related to limiting CO2-emissions makes the longer-term operation of these plants untenable. In this study, we assess the spectrum of available options for the future of both equipment and jobs in the coal power sector by assessing the full scope of “retrofit decarbonization” options. Retrofit decarbonization is an umbrella term that includes adding carbon capture, fuel conversion, and the replacement of coal boilers with new low-carbon energy sources, in each case re-using as much of the existing equipment as economically practicable while reducing or eliminating emissions. This article explores this idea using the Polish coal power fleet as a case study. Retrofit decarbonization in Poland was shown to be most attractive using high-temperature small modular nuclear reactors (SMRs) to replace coal boilers, which can lower upfront capital costs by ~28–35% and levelized cost of electricity by 9–28% compared to a greenfield installation. If retrofit decarbonization is implemented globally by the late 2020s, up to 200 billion tons of otherwise-committed CO2-emissions could be avoided.


2013 ◽  
Vol 28 (4) ◽  
pp. 4615-4623 ◽  
Author(s):  
Zhen Ji ◽  
Chongqing Kang ◽  
Qixin Chen ◽  
Qing Xia ◽  
Changming Jiang ◽  
...  

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