Economic Evaluation of Carbon Capture and Utilization Applying the Technology of Mineral Carbonation at Coal-Fired Power Plant
| Autor: | Cheol-Soo Lim, Bong Jae Lee, Jeong Il Lee, Soo Young Yun, Young-Kwon Park |
|---|---|
| Jazyk: | angličtina |
| Rok vydání: | 2020 |
| Předmět: |
economic evaluation
Power station 020209 energy Carbonation mineral carbonation Geography Planning and Development lcsh:TJ807-830 lcsh:Renewable energy sources 02 engineering and technology 010501 environmental sciences Management Monitoring Policy and Law 01 natural sciences carbon capture and utilization 0202 electrical engineering electronic engineering information engineering Carbon capture and storage Cost of electricity by source Operating cost lcsh:Environmental sciences 0105 earth and related environmental sciences lcsh:GE1-350 Waste management Renewable Energy Sustainability and the Environment lcsh:Environmental effects of industries and plants coal-fired power plant Pilot plant lcsh:TD194-195 Economic evaluation Environmental science levelized cost of energy Coal fired power plant |
| Zdroj: | Sustainability, Vol 12, Iss 6175, p 6175 (2020) Sustainability Volume 12 Issue 15 |
| ISSN: | 2071-1050 |
| Popis: | Based on the operating data of a 40 tCO2/day (2 megawatt (MW)) class carbon capture and utilization (CCU) pilot plant, the scaled-up 400 tCO2/day (20 MW) class CCU plant at 500 MW power plant was economically analyzed by applying the levelized cost of energy analysis (LCOE) and CO2 avoided cost. This study shows that the LCOE and CO2 avoided cost for 400 tCO2/day class CCU plant of mineral carbonation technology were 26 USD/MWh and 64 USD/tCO2, representing low LCOE and CO2 avoided cost, compared to other carbon capture and storage CCS and CCU plants. Based on the results of this study, the LCOE and CO2 avoided cost may become lower by the economy of scale, even if the CO2 treatment capacity of the CCU plant could be extended as much as for similar businesses. Therefore, the CCU technology by mineral carbonation has an economic advantage in energy penalty, power plant construction, and operating cost over other CCS and CCU with other technology. |
| Databáze: | OpenAIRE |
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