Techno-economic analysis for the integration of a power to fuel system with a CCS coal power plant
| Autor: | M. Rivarolo, Daria Bellotti, Loredana Magistri, Alessandro Sorce |
|---|---|
| Rok vydání: | 2019 |
| Předmět: |
Power station
CO2 Sequestration and Utilization 02 engineering and technology power to fuel coal power plants economic analysis CO2 emission trading system 010402 general chemistry 7. Clean energy 01 natural sciences Variable cost 12. Responsible consumption Chemical Engineering (miscellaneous) Capital cost Cost of electricity by source Waste Management and Disposal Process Chemistry and Technology Environmental engineering Internal rate of return 021001 nanoscience & nanotechnology Fuel injection 0104 chemical sciences 13. Climate action Fuel efficiency Environmental science Emissions trading 0210 nano-technology |
| Zdroj: | Journal of CO2 Utilization |
| ISSN: | 2212-9820 |
| DOI: | 10.1016/j.jcou.2019.05.019 |
| Popis: | In this paper, an analysis of the integration of a carbon capture unit and a power to fuel system for methanol synthesis with a coal power plant is presented from the energetic, environmental and economic standpoints. The study is carried out in three different sections. In the first part, the impact of the integration of a carbon capture system (CCS) and of a power to fuel plant (PtF) for methanol production is investigated in terms of plant average efficiency, fuel consumption, CO2 emissions. In the second part, the annual fixed and variable costs of the power plant, and the annual cost of electricity (COE) are assessed for different plant configurations. Additionally, future scenarios are analyzed considering the impact of European policies on the CO2 emission’s cost, defined by the European Emission Trading System (ETS). Finally, an economic feasibility analysis of the power to fuel plant is performed and the methanol production is evaluated. Moreover, a sensitivity analysis is carried out to evaluate the impact of the most affecting parameters (electrical energy cost, the methanol selling price and the capital cost of the electrolyzer) in terms of Internal Rate of Return (IRR). |
| Databáze: | OpenAIRE |
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