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Techno-economic analysis of oxy-combustion coal-fired power plant with cryogenic oxygen storage

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  • Hanak, Dawid P.
  • Powell, Dante
  • Manovic, Vasilije

Abstract

Around 43% of the cumulative CO2 emissions from the power sector between 2012 and 2050 could be mitigated through implementation of carbon capture and storage, and utilisation of renewable energy sources. Energy storage technologies can increase the efficiency of energy utilisation and thus should be widely deployed along with low-emission technologies. This study evaluates the techno-economic performance of cryogenic O2 storage implemented in an oxy-combustion coal-fired power plant as a means of energy storage. Such system was found to have high energy density and specific energy that compare favourably with other energy storage technologies. The average daily efficiency penalty of the analysed system was 12.3–12.5%HHV points, which is higher than the value for the oxy-combustion coal-fired power plant without energy storage (11.2%HHV points). Yet, investment associated with cryogenic O2 storage has marginal effect on the specific capital cost, and thus the levelised cost of electricity and cost of CO2 avoided. Therefore, the benefits of energy storage can be incorporated into oxy-combustion coal-fired power plants at marginal capital investment. Importantly, implementation of cryogenic O2 storage was found to increase the daily profit by 3.8–4.1%. Such performance would result in higher daily profit from oxy-combustion compared to an air-combustion system if the carbon tax is higher than 29.1–29.2€/tCO2. Finally, utilisation of renewable energy sources for cryogenic O2 production can reduce the daily efficiency penalty by 4.7%HHV points and increase the daily profit by 11.6%. For this reason, a synergy between fossil fuel electricity generation and renewable energy sources via CO2 capture integrated with energy storage needs to be commercially established.

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  • Hanak, Dawid P. & Powell, Dante & Manovic, Vasilije, 2017. "Techno-economic analysis of oxy-combustion coal-fired power plant with cryogenic oxygen storage," Applied Energy, Elsevier, vol. 191(C), pages 193-203.
  • Handle: RePEc:eee:appene:v:191:y:2017:i:c:p:193-203
    DOI: 10.1016/j.apenergy.2017.01.049
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    7. Paweł Ziółkowski & Stanisław Głuch & Piotr Józef Ziółkowski & Janusz Badur, 2022. "Compact High Efficiency and Zero-Emission Gas-Fired Power Plant with Oxy-Combustion and Carbon Capture," Energies, MDPI, vol. 15(7), pages 1-39, April.
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    10. Wu, Hai-bo & Xu, Ming-xin & Li, Yan-bing & Wu, Jin-hua & Shen, Jian-chong & Liao, Haiyan, 2020. "Experimental research on the process of compression and purification of CO2 in oxy-fuel combustion," Applied Energy, Elsevier, vol. 259(C).
    11. Cormos, Calin-Cristian, 2020. "Energy and cost efficient manganese chemical looping air separation cycle for decarbonized power generation based on oxy-fuel combustion and gasification," Energy, Elsevier, vol. 191(C).
    12. Li, Shoujun & Ma, Xiaoping & Yang, Chunyu, 2018. "A combined thermal power plant investment decision-making model based on intelligent fuzzy grey model and ito stochastic process and its application," Energy, Elsevier, vol. 159(C), pages 1102-1117.
    13. Vu, Thang Toan & Lim, Young-Il & Song, Daesung & Mun, Tae-Young & Moon, Ji-Hong & Sun, Dowon & Hwang, Yoon-Tae & Lee, Jae-Goo & Park, Young Cheol, 2020. "Techno-economic analysis of ultra-supercritical power plants using air- and oxy-combustion circulating fluidized bed with and without CO2 capture," Energy, Elsevier, vol. 194(C).
    14. Tafone, Alessio & Dal Magro, Fabio & Romagnoli, Alessandro, 2018. "Integrating an oxygen enriched waste to energy plant with cryogenic engines and Air Separation Unit: Technical, economic and environmental analysis," Applied Energy, Elsevier, vol. 231(C), pages 423-432.
    15. García-Luna, S. & Ortiz, C. & Carro, A. & Chacartegui, R. & Pérez-Maqueda, L.A., 2022. "Oxygen production routes assessment for oxy-fuel combustion," Energy, Elsevier, vol. 254(PB).
    16. Calin-Cristian Cormos, 2018. "Techno-Economic Evaluations of Copper-Based Chemical Looping Air Separation System for Oxy-Combustion and Gasification Power Plants with Carbon Capture," Energies, MDPI, vol. 11(11), pages 1-17, November.
    17. Huang, Qingxi & Yao, Jinduo & Hu, Yukun & Liu, Shengchun & Li, Hailong & Sun, Qie, 2022. "Integrating compressed CO2 energy storage in an oxy-coal combustion power plant with CO2 capture," Energy, Elsevier, vol. 254(PC).
    18. Seo, Su Been & Kim, Hyung Woo & Kang, Seo Yeong & Go, Eun Sol & Keel, Sang In & Lee, See Hoon, 2021. "Techno-economic comparison between air-fired and oxy-fuel circulating fluidized bed power plants with ultra-supercritical cycle," Energy, Elsevier, vol. 233(C).
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