Gasification of Oil Palm Biomass to Produce Syngas for Electricity Generation – Cost Benefit Analysis

2014 ◽  
Vol 906 ◽  
pp. 148-152 ◽  
Author(s):  
N. Hanina ◽  
M. Asadullah

Fossil fuel burning for energy production creates two major issues: the global warming effect and the weak energy security. These problems can be minimized by utilizing renewable energy sources such as biomass. In order to assess the potential contribution of these technologies to the future energy security and sustainable development, a thorough evaluation of gasification technology towards economic aspects is required. This study aims to determine whether the syngas production from EFB gasification for electricity generation is viable in terms of cost-benefit analysis by evaluating the economic aspects of these technologies.

2019 ◽  
Vol 32 ◽  
pp. 385-389 ◽  
Author(s):  
Pavel Atănăsoae ◽  
Radu Dumitru Pentiuc ◽  
Dan Laurențiu Milici ◽  
Elena Daniela Olariu ◽  
Mihaela Poienar

Energy ◽  
2017 ◽  
Vol 139 ◽  
pp. 732-742 ◽  
Author(s):  
Wei Cheng Ng ◽  
Siming You ◽  
Ran Ling ◽  
Karina Yew-Hoong Gin ◽  
Yanjun Dai ◽  
...  

2014 ◽  
Vol 8 (3) ◽  
pp. 395-428 ◽  
Author(s):  
Sekharan Sreejith ◽  
Sishaj P. Simon

Purpose – The aim of this paper is to compare the performance of static VAR compensator (SVC) and unified power flow controller (UPFC) in dynamic economic dispatch (DED) problem. DED schedules the online generator outputs with the predicted load demands over a certain period so that the electric power system is operated most economically. During last decade, flexible alternating current transmission systems (FACTS) devices are broadly used for maximizing the loadability of existing power system transmission networks. However, based on the literature survey, the performance of SVC and UPFC incorporated in the DED problem and its cost–benefit analysis are not discussed earlier in any of the literature. Design/methodology/approach – Here, the DED problem is solved applying ABC algorithm incorporating SVC and UPFC. The following conditions are investigated with the incorporation of SVC and UPFC into DED problem: the role of SVC and UPFC for improving the power flow and voltage profile and the approximate analysis on cost recovery and payback period with SVC and UPFC in DED problem. Findings – The incorporation of FACTS devices reduces the generation cost and improves the stability of the system. The percentage cost recovered with FACTS devices is estimated approximately using equated monthly installment (EMI) and non-EMI scheme. It is clear from the illustrations that the installation of FACTS devices is profitable after a certain period. Research limitations/implications – In this research work, the generation cost with FACTS devices is only taken into account while calculating the profit. The other benefits like congestion management, cost gained due to land and cost due to stability issues are not considered. For future work, these things can be considered while calculating the benefit. Originality/value – The originality of the work is incorporation of FACTS devices in DED problem and approximate estimation of recovery cost with FACTS devices in DED problem.


2021 ◽  
Vol 13 (3) ◽  
pp. 1591
Author(s):  
Hassan Ali ◽  
Han Phoumin ◽  
Steven R. Weller ◽  
Beni Suryadi

A large potential exists in the Southeast Asia region for deployment of high-efficiency, low-emission (HELE) electricity generation technologies. A cost–benefit analysis of HELE technologies compared to the less efficient subcritical electricity generation plants is thus carried out to find a persuasive scenario supporting quicker transition from subcritical stations towards HELE technologies in the region. A levelized cost of electricity (LCOE) analysis is carried out for both technologies under four potential policy scenarios. Scenario 1 does not take into consideration any carbon pricing or costs associated with the desulphurization (deSOx) and denitrification (deNOx) facilities. Scenario 2 (Scenario 3) incorporates carbon pricing (costs associated with the deSOx and deNOx facilities), and Scenario 4 includes both carbon pricing and costs associated with the deSOx and deNOx facilities. Under each scenario, a sensitivity analysis is performed to evaluate the uncertainty affecting the future coal prices. This study demonstrates that HELE technologies are competitive against the subcritical plants under all four scenarios and both the technologies derive benefit from lifetime extensions and low coal prices. It is revealed that future deployments of HELE technologies can be best expedited by factoring in carbon pricing in LCOE costs of coal-fired power plants under Scenario 2.


2017 ◽  
Vol 20 (4) ◽  
pp. 85-90
Author(s):  
Ivan Beloev ◽  
Katerina Gabrovska-Evstatieva ◽  
Boris Evstatiev

AbstractThis paper presents a new approach for reducing the CO2emissions in the transport sector based on emission compensation. A cost-benefit analysis method of investments in photovoltaic parks at petrol stations is used, which accounts for all the initial investments and maintenance costs in terms of expenses. The benefits are divided into financial and ecological. The method has been implemented in the specialised cost-benefit analysis tool, and an analysis has been performed for the city of Ruse, Bulgaria. Risk analysis on the influence of the main risk factors - the price of conventional energy and the buying price of energy from renewable energy sources is also performed. The results showed that investments in photovoltaic parks at petrol stations could pay off within 6 to 9 years in the more likely scenarios. The investment could reduce the CO2emissions, related to the petrol station, by 10% to 37% depending on the scenario and the criterion used.


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