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Coal Based Electricity Generation in South East Europe: A Case Study for Croatia

Author

Listed:
  • Alfredo Vi kovic

    (Faculty of Engineering Rijeka, University of Rijeka, Vukovarska 58, 51 000 Rijeka, Croatia)

  • Vladimir Franki

    (Polytechnic of Rijeka, Trpimirova 2, 51 000 Rijeka, Croatia.)

Abstract

In this paper, we have provided an evaluation of the techno-economic performance of a coal-fired power generation unit designed and constructed following the current best available techniques (BAT) principle and situated in South East Europe (SEE). We have provided the framework of a technical model of an ultra supercritical pulverized coal-fired power plant (USC or USCPC), conducted a detailed analysis of associated costs, presented a composite cost model and performed a sensitivity analysis to identify the main cost-drivers for this type of technology. Furthermore, a market analysis has been carried out to best determine the impact of the surrounding environment on the overall performance of the project.

Suggested Citation

  • Alfredo Vi kovic & Vladimir Franki, 2015. "Coal Based Electricity Generation in South East Europe: A Case Study for Croatia," International Journal of Energy Economics and Policy, Econjournals, vol. 5(1), pages 206-230.
    • Handle: RePEc:eco:journ2:2015-01-17
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    References listed on IDEAS

    as
    1. Višković, Alfredo & Franki, Vladimir & Valentić, Vladimir, 2014. "Effect of regulation on power-plant operation and investment in the South East Europe Market: An analysis of two cases," Utilities Policy, Elsevier, vol. 30(C), pages 8-17.
    2. Girish Godekere Panchakshara Murthy & Vijayalakshmi Sedidi, 2014. "Forecasting Electricity Prices in Deregulated Wholesale Spot Electricity Market: A Review," International Journal of Energy Economics and Policy, Econjournals, vol. 4(1), pages 32-42.
    3. Pollitt, Michael, 2009. "Evaluating the evidence on electricity reform: Lessons for the South East Europe (SEE) market," Utilities Policy, Elsevier, vol. 17(1), pages 13-23, March.
    4. Tooraj Jamasb and Michael Pollitt, 2005. "Electricity Market Reform in the European Union: Review of Progress toward Liberalization & Integration," The Energy Journal, International Association for Energy Economics, vol. 0(Special I), pages 11-42.
    5. Ljerka Cerovic & Dario Maradin & Sa a Cegar, 2014. "From the Restructuring of the Power Sector to Diversification of Renewable Energy Sources: Preconditions for Efficient and Sustainable Electricity Market," International Journal of Energy Economics and Policy, Econjournals, vol. 4(4), pages 599-609.
    6. Wagner Sousa de Oliveira & Antonio Jorge Fernandes, 2012. "Optimization Model for Economic Evaluation of Wind Farms - How to Optimize a Wind Energy Project Economically and Technically," International Journal of Energy Economics and Policy, Econjournals, vol. 2(1), pages 10-20.
    7. Richard Green & Arturo Lorenzoni & Yannick Perez & Michael Pollitt, 2006. "Benchmarking Electricity Liberalisation in Europe," Working Papers EPRG 0609, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
    8. Bugge, Jørgen & Kjær, Sven & Blum, Rudolph, 2006. "High-efficiency coal-fired power plants development and perspectives," Energy, Elsevier, vol. 31(10), pages 1437-1445.
    9. Rubin, Edward S. & Chen, Chao & Rao, Anand B., 2007. "Cost and performance of fossil fuel power plants with CO2 capture and storage," Energy Policy, Elsevier, vol. 35(9), pages 4444-4454, September.
    10. Jamasb, T. & Pollitt, M., 2004. "Electricity Market Reform in the European Union: Review of progress towards liberalisation and integration," Cambridge Working Papers in Economics 0471, Faculty of Economics, University of Cambridge.
    11. Višković, Alfredo & Franki, Vladimir & Valentić, Vladimir, 2014. "CCS (carbon capture and storage) investment possibility in South East Europe: A case study for Croatia," Energy, Elsevier, vol. 70(C), pages 325-337.
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    Cited by:

    1. Franki, Vladimir & Višković, Alfredo, 2021. "Multi-criteria decision support: A case study of Southeast Europe power systems," Utilities Policy, Elsevier, vol. 73(C).
    2. Franki, Vladimir & Višković, Alfredo, 2015. "Energy security, policy and technology in South East Europe: Presenting and applying an energy security index to Croatia," Energy, Elsevier, vol. 90(P1), pages 494-507.

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    More about this item

    Keywords

    Ultra supercritical unit; South East Europe; Feasibility;
    All these keywords.

    JEL classification:

    • L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance
    • M3 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising
    • O2 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy

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